WELLESLEY, Mass.--(BUSINESS WIRE)--Michael Miller, CFIP, President and Chief Investment Officer of Wellesley Asset Management, Inc. was recently ranked by Forbes as the #1 Next Generation Wealth Advisor in Massachusetts, achieving the state’s top spot for the fourth consecutive year. Miller also ranked prominently on Forbes’ national list, ranking #6 out of the 500 advisors included in the 2020 roster.

R.J. Shook, Forbes Contributor, wrote, “With an average tenure of over 16 years for these advisors, there's a reason millions of families are entrusting their future with this group: they have proven that they stand among the very best in wealth management. Sandwiched between generations, these advisors are eagerly sought by the industry to best serve families. They're seasoned. They've lived through market cycles. And their deep relations with families—often representing three or more generations—position them among the best wealth management has ever seen.”

“The entire team at Wellesley Asset Management congratulates Michael on these two impressive rankings,” said Greg Miller, CPA, Founder, Chairman and CEO of Wellesley Asset Management. “Michael’s knowledge of our investment strategy and his leadership expertise are essential to the success of our firm as we introduce another generation to the benefits of investing in our convertible bond strategy.”

Michael Miller commented, “I am most appreciative to receive these prominent rankings again this year—a significant honor for me as well our firm, and a tribute to the convertible bond investment strategy that we have provided to our clients for over twenty-five years. Especially during periods of market volatility, we remain confident about offering investment products that seek to grow wealth while protecting principal.”

About Wellesley Asset Management, Inc.

Wellesley Asset Management (Wellesley) is an SEC registered investment advisory firm located in Wellesley, Massachusetts specializing in the management of convertible bonds through separately managed accounts, mutual funds and a private fund. Managing assets exceeding $2 billion, Wellesley is a trusted advisor to a diverse client base serving high and ultra-high net-worth individuals, registered investment advisors, institutions, pensions, and other investment professionals. Founded in 1991, by Greg Miller, CPA, Wellesley invests in convertible bonds deploying absolute return-seeking strategies. Additional information about the firm is available at www.wam.com.

About Forbes

Forbes Inc. has enjoyed a long history as one of the most successful and recognized publishers of financial news and information and ranks as one of the top 15 highest-grossing magazine publishers. Forbes magazine and international editions are read by more than five million people. In addition to the flagship magazine, the company produces Forbes.com, a leading online business site.