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Best-in-Business IMPACT Award™

Source: Charles Schwab & Co., Inc. (“Schwab”), 2018. The Best-in-Business IMPACT Award™ is one of several IMPACT Awards® issued by Schwab on an annual basis. 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. To be eligible for this award, firms must utilize Schwab to custody client assets. Initial eligibility requirements also mandate that the firm have been in business for at least ten (10) years, have at least $25 million in assets under management, and be registered with the Securities and Exchange Commission, or applicable state securities regulator(s). Firms are nominated for the award on an annual basis, and firms are permitted to nominate themselves for any award category for which they qualify. JMG Financial Group, Ltd. (the “Firm”) did not pay any fee to participate in the IMPACT Awards® program.

Entries are reviewed by Schwab to ensure that they meet all eligibility requirements and Schwab criteria. The remaining finalists are judged by a panel of leaders from the business world and financial services industry, who convene to review finalist nominations and select the winners in each IMPACT Awards® category. Schwab retains final approval of the winner in each category.

After being nominated, the Firm was required to submit narrative responses to questions pertaining to its: (1) strategic plan over the next three to five years; (2) key changes to be implemented within twelve (12) months to support the strategic plan; (3) specific technology platforms used by the Firm; (4) innovation with the Firm’s business; (5) the Firm’s compliance structure; (6) the Firm’s marketing initiatives; (7) the Firm’s business development process; (8) the Firm’s client experience; (9) the Firm’s operations infrastructure; and (10) the Firm’s employee development program. The criteria used to select the winning firm for the Best-in-Business IMPACT Award™ were: (1) business planning; (2) technology strategy; (3) practice management and employee development; and (4) client loyalty.

In granting its final approval to a category winner, Schwab also considers what it deems to be the candidate that best exemplifies the prestige and purpose of the award and reflects Schwab’s reputation in the marketplace.

Neither the Firm nor any other participating adviser(s) paid a fee to be eligible for the award. The Firm is unaware of any undisclosed facts that could potentially invalidate the appropriateness of the award. A single winner of the Best-in-Business IMPACT Award™ is selected each year from an undisclosed pool of qualified candidates. The award is not intended to be representative of any client’s experience because of the way in which it is evaluated. The award is granted by Schwab, an unaffiliated third party. The award is absolutely not indicative of the Firm’s and its advisor representatives’ future performance, or any future performance pertaining to its clients’ investments. This award or any other rankings and/or recognition by unaffiliated rating services and/or publications should not be construed as a guarantee that a client will experience a certain level of results or satisfaction if the Firm is engaged, nor should it be construed as a current or past endorsement by any of its clients.  A copy of the Firm’s current written disclosure statement discussing its advisory services and fees remains available upon request.

Additional information about the methodology behind the IMPACT Awards® program and the  Best-in-Business IMPACT Award™ is available at the following link: