There have yet to be signs suggesting that Burney is a topnotch steward. As a result, it is assigned a Below Average Parent rating until there's contrary evidence. Burney currently oversees one vehicle, with a total of$ 219.6 million under management and a roster of five fund managers. Given Burney's limited track record, it's unsurprising that the firm's management team is relatively inexperienced. They average two years of industry experience. Even though managers' past experience has not been extensive, Burney benefits from low manager turnover.
The firm runs reasonably priced open-end and exchange-traded funds, with the average net expense ratio falling within the middle quintile of firms.
To upgrade the firm's rating, Burney needs to build a consistent track record of positive investor experience.