“Barron’s has a long and illustrious history,” Beirne says. “I am proud to have my name and the name of our firm recognized by Barron’s. We are cognizant of what it takes to achieve this ranking and all of my associates at Beirne Wealth have contributed to make this possible.”
Rankings are based on assets under management, revenue generated by advisors for their firms, and the quality of their practices. Investment performance isn’t an explicit criterion, because it is often a function of each client’s appetite for risk. In Barron’s evaluations, they examine regulatory records, internal company documents, and 100-plus data points provided by the advisors themselves.
John Beirne created Beirne Wealth Consulting Services, LLC (BWC) in 2012 predicated on his philosophy that doing what is in the best interest of clients is always mutually beneficial over the long term. While this might sound like a common sense approach, in the industry it made him a true pioneer and thought leader. Case in point— John was the first broker in the country to convince a public pension fund to use independent money managers in 1978. A gutsy recommendation that proved highly successful for both the client and his firm.
For most of John’s 50-year career in financial services, he has specialized in public pension fund management. His vast institutional expertise also includes private pension plans, endowments, hospitals, foundations and 401(k) plans. John founded BWC after 46 years at Merrill Lynch, much of it as head of the Beirne Wealth Management Group. Today his vision and perspective continue to benefit clients as he guides the team at BWC in his role as chief investment officer.
John holds a Certified Investment Management Analyst (CIMA®) designation from the Wharton School of Business. He is a 1965 graduate of the University of Connecticut, where he received a bachelor’s degree in economics. He also attended the business graduate school at the University of Bridgeport, where he studied corporate finance. John is a certificate recipient from the Wharton School of Business at the University of Pennsylvania for pension fund and money management. He also studied abroad at the INSEAD School in Fontainebleau, France specializing in global corporate finance. Additionally, John has completed courses of study at Stanford and Harvard Universities.
John has been a member of Investment Management Consultants Association (IMCA) since 1987. He received the Business Person of the Year award in 1986 from the Milford Chamber of Commerce.2 In addition, John is a trustee at the Hamden Hall Country Day School where his responsibilities include monitoring the school’s endowment fund. John is also a board member of the First Tee of Connecticut and of the Connecticut Yankee Council Boy Scouts of America.
An avid golfer, John also loves travel, reading, biking, Bikram yoga and spending time with his family. He resides in Orange, Connecticut.
About Beirne Wealth Consulting Services, LLC
Beirne Wealth Consulting Services, LLC (“BWC”) is a growing, privately owned, SEC Registered Investment Advisor with offices in Connecticut, Pennsylvania and Florida. BWC provides independent, fee-based investment management services and customized financial planning solutions. Our institutional business provides consulting expertise to defined benefit and defined contribution plans, endowments, foundations and non-profit organizations. Our private clients include high net-worth individuals and prominent families, many of whom bring complex wealth management challenges and multigenerational planning needs. For more information, please visit www.beirnewealth.com or give us a call today at 888-231-6372.
*Registration does not imply a level of skill or training.
About Barron’s Top 1200 Financial Advisor Ranking
The rankings are based on data provided by over 4,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities. The number of ranking spots are distributed in proportion to state population and wealth. There were 36 ranking spots in Connecticut.
About Milford Chamber of Commerce Business Person of the Year
The Business Person of the Year is awarded by the Milford Regional Chamber of Commerce, Milford, CT. The community and Chamber of Commerce members are invited to submit nominations, which are reviewed by the appointed selection/nominating committee. The Business Person(s) of the Year is presented to an individual who has undertaken a successful business venture which has directly had a positive influence on some segment of Milford’s business community.
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