Fairport Asset Management, LLC announced that it was named one of the Best-Managed Firms in Schwab Institutional’s recent Schwab Market Knowledge Tools (MKT) report titled, “Best-Managed Firms: Recruiting and Retaining Top Talent.”
Fairport was one of 27 firms selected from among the participants in the 2005 Financial Planning Association (FPA) Compensation and Staffing Study conducted by Moss Adams LLP.
The firms were acknowledged for their approach to successful human capital management, achieved by an ongoing recruitment of talent, a focus on employee retention and maintaining a culture of opportunity and respect. Excellent communication with employees, competitive compensation, and a clear and structured career path were among the characteristics exhibited by the top firms.
“Emphasis on recruiting top talent and employee development are integral parts of our management strategy,” said Scott Roulston, Managing Partner of Fairport. “We’re always looking to improve the ways in which we attract and retain talented individuals, and we’re pleased that our investment in human capital has been recognized as a best practice in the industry.”