Press Release

Salient Wealth Management Cited as One of 100 Fastest Growing Bay Area Companies

Firm Also Recognized by Reuters For Nation's "Best Advisors" List

San Rafael, CA - November 13, 2007 - Salient Wealth Management, founded in 1983 and headquartered in San Rafael, has been named one of the Fastest Growing Private Companies in the Bay Area, by the San Francisco Business Times.

Salient was one of only six companies (and the only wealth management firm) located in Marin County to make the list. 

Separately, Reuters, an international financial information company, announced that it had recognized Salient as one of the nation’s “best (financial) advisors.”

“We are always gratified when a respected agency or company recognizes our achievements,” said Stone.  “But what is even more important, the honors are the result of our work on behalf of clients and the expertise which we apply to their accounts.”

Stone has also recently been ranked as one of the Top 100 Wealth Advisers in the U.S. for the sixth time in the last seven years by Worth Magazine.  The firm has also been recognized as one of Charles Schwab’s Top 40 fastest growing advisory firms nationwide.  In addition, the firm is one of only 30 advisors selected to participate in Fidelity Investments’ pilot referral program and the only firm which did not previously custody assets there.

The San Francisco Business Times rankings are based on reported and verified revenues for 2004, 2005 and 2006.  In achieving its ranking, Salient reported revenue growth of 63.3 percent over the three-year reporting period, with revenue of more than $2.6 million in 2006.

Stone first gained national recognition when he was asked to write the initial ethics policy for the financial planning industry in 1973.  Today, he is a frequent speaker and participant in national conferences and has had OpEd pieces published in the November issues of Worth and Wealth Manager magazines on the topic of ethics and investment.

About Salient Wealth Management

Salient Wealth Management (www.salientwealth.com) is one of the oldest privately-held wealth management firms in the Bay Area.  Founded by Richard Stone, a 38-year veteran of the investment business, Stone established the company in Marin County in 1983.  Salient currently has $450 million in assets under management and serves a clientele of affluent Northern California business executives with a minimum of $2 million to invest.