CLARK CAPITAL MANAGEMENT EARNS ENVESTNET’S STRATEGIST OF THE YEAR HONOR

Philadelphia, May 08, 2017 -- PHILADELPHIA, PA, May 8, 2017  – Clark Capital Management Group, an independent asset manager, was named Strategist of the Year for its Navigator® Strategist Solutions by Envestnet® and Investment Advisor magazine. This achievement  validates the firm’s ongoing commitment to providing asset management excellence, delivered in a flexible format and driven by clients’ life goals.

Clark Capital was presented with the award during the 2017 Envestnet Advisor Summit held on May 3-5 at the Gaylord Texan Resort & Convention Center. “We are incredibly grateful to be recognized for this achievement” said Brendan Clark, Chief Executive Officer, “and we believe the award is a testament to our mission: partnering with financial advisors to deliver investment success.”

In addition to Clark Capital’s Strategist of the Year recognition, it was also identified as the seventh largest ETF strategist in Morningstar’s® “Q4 2016 ETF Managed Portfolio Landscape” report, moving up two spots in the ranking from last quarter.*

Mr. Clark noted, “I am proud of our firm and our people – these achievements represent years of effort and commitment together. I look forward to an exciting future as we passionately seek to deliver successful outcomes to our clients.”

About Clark Capital Management Group
Clark Capital Management Group is an independent asset management firm providing institutional quality investment strategies to individual investors, corporations, foundations, and retirement plans. The firm was founded in 1986 by Harry Clark, Executive Chairman, and has been entrusted with over $7.7 billion** in assets. Our investment philosophy is driven by a single-minded focus: to add value for our collective clients. This focus requires us to seek superior risk-adjusted returns over full market cycles. It compels us to maintain a long-term perspective and provide innovative investment management strategies that enable clients to achieve their life goals. For more information, visit ccmg.com and follow @ClarkCapital on Twitter.

*Per Morningstar (12/31/2016).

**As of 3/31/2017, includes sub-advised assets.

Past performance is not indicative of future results. The ranking shown above is not indicative of the adviser’s future performance and may not be representative of any one client’s experience because the rating reflects an average of all, or a sample of all, the experiences of the adviser’s clients.

Envestnet, Inc. (NYSE: ENV) and Investment Advisor magazine selected finalists for the 13^th Annual Separately Managed Account (SMA) Manager and Strategist of the Year Awards using Envestnet | PMC’s proprietary, systematic, and multi-factor methodology for evaluating managers. This framework takes a variety of qualitative and quantitative criteria into consideration, such as investment process and style, performance, firm profile, customer service, and tax efficiency. To qualify for an SMA Manager and Strategist of the Year Award, a manager’s team must have at least three years of experience running a strategy with $200 million or more in assets. A manager’s product is also required to be reported through Envestnet | PMC’s Premium Research solutions, which includes more than 54,000 advisors and 2,500 companies including: U.S. banks, wealth management and brokerage firms, Registered Investment Advisers, and Internet services companies.

Morningstar rankings are based upon Morningstar’s Q4 2016 ETF Managed Portfolio Landscape Report tracking five-year returns and selected risk statistics. Morningstar tracked 881 ETF strategies from 162 firms. Clark Capital did not pay to participate in the Morningstar ranking and is not affiliated with Morningstar.

The opinions expressed are those of Clark Capital Management Group, Inc. and are subject to change without notice. Forward-looking statements are not guaranteed. Clark Capital reserves the right to modify its current investment strategies based on changing market dynamics or client needs. Clark Capital Management Group, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Clark Capital’s investment advisory services can be found in its Form ADV Part 2, which is available upon request. CCM-733

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e980e27d-99de-41fa-a729-c1371d692c94

Patty Quinn McAuley
Clark Capital Management Group
215-569-2224
[email protected]