SAN DIEGO, Nov. 27, 2017 /PRNewswire/ — Gurtin Municipal Bond Management (Gurtin), an asset manager specializing in high-grade municipal bond portfolios and funds for high net worth individuals, received Charles Schwab & Co., Inc.’s 2017 Pacesetter IMPACT Award™. Schwab Advisor Services recognized Gurtin for their unique specialization in municipal bonds, pioneering work in fundamental municipal credit research and socially responsible municipal investing, and strategic investment in proprietary technology. The firm, which works with a network of more than 100 wealth managers and independent advisors nationwide, received the award on the main stage at Schwab IMPACT®, the nation’s largest and longest-running annual gathering of independent advisors.
“We founded the firm nine years ago with a singular goal of building the premier municipal bond management firm in the industry: a firm our clients and peers respect for our intellect and intense focus on the best interests of our clients; a firm valued by our employees ‘as more than just a job’; a community of likeminded individuals with the highest integrity who are intensely passionate about and proud of their firm,” said Bill Gurtin, CEO and chief investment officer. “We are humbled and honored to receive the Pacesetter IMPACT Award™; it is a wonderful validation of the collective hard work and focus that has gone in to building the firm.”
The IMPACT Awards®, whose categories include the Pacesetter IMPACT Award™, Trailblazer IMPACT Award™, Best-in-Business IMPACT Award™, and Best-in-Retirement Business IMPACT Award™, are given based on the decision of an independent judging panel of industry experts and veterans each year. Granted to independent advisor firms that have demonstrated excellence through leadership, innovative business practices, client dedication, and fresh thinking, the Pacesetter IMPACT Award™ pays tribute to a firm in business 10 years or less that has shown initiative, growth, and promise as well as a focused use of technology to extend its reach. A 400% growth in its client base, a 25% annualized growth rate in municipal bond assets under management, and a 97% client retention rate, since inception demonstrate the firm’s excellence in these areas.
“As has been the case since the creation of the firm, our employees remain our most important asset,” said Michael Johnson, co-CEO and chief risk officer. “With some of the best and brightest in the industry working for us, we’ve been able to build a vast infrastructure of proprietary technologies that enable us to