The Colony Group Wins 2018 Trailblazer IMPACT Award™

BOSTON, Nov. 15, 2018 — The Colony Group is proud to announce that we have been selected as the winner of the 2018 Trailblazer IMPACT Award, part of Charles Schwab & Co., Inc.’s Impact Awards® program. This award is presented to a firm that combines an entrepreneurial spirit with a drive to help the financial services industry reach new heights – either through special initiatives, or simply as a result of the passion and commitment that they bring to their business every day.

The Colony Group is just one of only two firms to win two IMPACT Awards®; the Best-In-Business IMPACT Award in 2010 and now the Trailblazer IMPACT Award.

“Our dedication to our clients and to each other is what drives us to continue to innovate and improve our services, grow our team, invest in new technologies and foster a culture where all of our team members have the opportunity to succeed,” said Michael Nathanson, chairman and CEO of The Colony Group.

Founded in 1986, The Colony Group has over 140 employees in 10 cities, managing over $8 billion in assets for clients who include corporate executives and entrepreneurs, athletes and entertainers, professionals, ultra-high-net worth families needing family office services, institutions, and businesses.

“We have a deep bench of highly skilled financial professionals who collaborate across offices and teams. They bring their best thinking, advice and resources to each client’s unique circumstances,” said Steve Stelljes, president of Client Services at Colony.

Along with wealth and investment management, tax and estate planning, and other financial planning solutions, Colony is continually evolving how it serves clients by, for example, developing life-enrichment solutions, including personal health advisory services, career transition and coaching services, and personal concierge services.

“It’s a natural evolution for us,” said Jennifer Geoghegan, Colony’s chief strategy officer. “Our clients trust us and come to us for advice beyond investments or retirement planning. We are helping our clients to live lives filled with meaning and joy.”

This is a recurring theme at The Colony Group as it supports its clients and team members.

“Our employees are our greatest asset,” said Colony’s president, Ron Rubin, who also serves as chief culture officer. “We support an environment where every employee can learn and grow professionally and personally.”

Colony cultivates a culture of inclusion and opportunity by offering a clear path to meaningful equity sharing not just for a small group of senior advisors but for those employees, including non-advisors, who excel at what they do and make invaluable contributions to their clients and the firm.

“With over 45 employees who have an ownership stake in the management company, this is rare in our industry,” said Rubin. “Each year, we seek to invite additional employees to join our growing list of owners—it’s an honor and privilege that they have earned.”

Colony’s Her Wealth® program, developed to address the wealth management needs of women, also advances women in the financial services industry through the company’s Her Wealth® Scholarship.

“We not only support and empower women as they make decisions about their money and wealth, but also support women who want to have careers in this industry,” said Nina Mitchell, one of the founders of Her Wealth® and co-president of Colony Sports and Entertainment.

Colony also encourages employees to give back to their communities through paid volunteer hours and by volunteering for leadership positions in charitable organizations they care about. It also raises money for worthwhile causes and community projects through its charitable fund, Colony Cares. The Trailblazer IMPACT Award included a $15,000 donation, which was made to Colony Cares to advance these important initiatives.

“We have always considered ourselves to be trailblazers,” said Nathanson. “It’s in our culture and DNA to seek better, more innovative ways to serve our clients. For us, this is the best way to bring meaning and joy to their lives and ours.”


IMPACT Awards® (2018) criteria: Firms must use Charles Schwab & Co., Inc. (“Schwab”) as a custodian and must have been in business for at least 10 years (Best-inBusiness IMPACT Award™ ) or at least five years (Trailblazer IMPACT Award™ ), have at least $25 million in assets under management, and be registered with the SEC. Schwab and an industry panel review general business metrics and essays submitted by the firms makes selections for the awards. The Best-in-Business IMPACT Award™ is presented to an independent investment advisory firm for excellence in business management and client services, including achievements in integrating technology as a core part of its business operations. The Trailblazer IMPACT Award™ recognizes an independent investment advisory firm for unique efforts to advance the industry, such as serving a new client segment, creating a new business model, offering education to the community, developing new talent, or advocating for the industry. The Colony Group and its employees are independent of and are not employees or agents of Schwab. Schwab does not prepare, verify or endorse information distributed by The Colony Group. Neither The Best-in-Business IMPACT Award™ nor The Trailblazer IMPACT Award™, both part of Schwab’s IMPACT Awards® program, is a referral to, endorsement or recommendation of, or testimonial for the advisor with respect to its investment advisory or other services.