(March 21, 2016) We’d like to congratulate Sam Scott, President of Sunrise Advisors, for being named to Ingram’s “40 Under Forty” class of 2016. For 18 consecutive years, Ingram’s has honored Kansas City’s young business leaders for their service and excellence in the community.
The following is an excerpt from Ingram’s, Kansas City’s Business Magazine, (www.ingrams.com/article/40-under-forty/):
The concept of “family” means a lot to Sam Scott—and on multiple levels. For one, he’s part of a second-generation family-owned business. But as president of Sunrise Advisors in Leawood, he’s also working with fourth-generation client families, as well. “Most fulfilling is the fact that I get to work closely with my own family and I believe we’ve made a positive difference in the lives of other families,” Scott says. “We are honored by the relationships we’ve made over the years and the trust we’ve earned from our clients. We now have some fourth-generation clients, and we owe much of our successes to our fiduciary role and family-centric culture.” Since he started there 15 years ago, after earning degrees in economics and managerial studies from Rice University, the firm’s revenues have grown 1,468 percent—nearly 20 percent per year—and assets under management are closing in on $500 million. That makes Sunrise one of the area’s largest, independent “fee-only” wealth-management firms, and earned it a spot on the Financial Times FT300 list, recognizing the top 1 percent of all advisory firms. He’s a longtime advocate for an industry-wide fiduciary standard, which would require that investors’ interests be put first 100 percent of the time—a designation that applies to only one in 20 financial professionals, Scott says. He and wife Audrey are at home in Overland Park, where he’s a youth baseball coach for teams ranging in age from elementary school through college, and he’s founder of the L.E.A.D.-KC Foundation (www.leadkc.org).