Charles Schwab Advisor Services has unveiled the winners of the 10th annual IMPACT Awards for independent registered investment advisor and retirement firms, the company announced Thursday at its annual conference in Boston.

Savant Capital Management in Rockford, Ill. and Chicago, won the Best-In-Business Impact Award which goes to an advisory firm that has been in business for at least 10 years and has a track record of growth and excellence, as well as leading technology solutions that have helped expand market reach, responsiveness and operational efficiencies.

Among other things, Savant was recognized for best practices in its use and enhancement of technology across customer relationship management, document management, voice processing and portfolio calculations, as well as client reporting.

In addition, Schwab said the firm’s adoption of value stream mapping (VSM), an operational improvement process, enables Savant to increase capacity without sacrificing quality. According to a press release, Savant’s VSM initiative, coupled with technology platform enhancements, has generated an 82 percent increase in trading volume, with no new hires. Furthermore, it has enabled paperless tracking and management of asset transfers by building a new interface in SharePoint and optimizing its data warehouse system.

Savant has been doing its thing for more than a quarter century, and by year-end 2016 aims to reach $6 billion in assets under management.

Schwab will make donations to The Community Foundation of Northern Illinois on behalf of Savant Capital Management.

FJY Financial LLC, of Reston, Va. And Midland, Texas, received the Pacesetter Impact Award that goes to a firm in business 10 years or less that has shown initiative, growth and promise, as well as a focused use of technology to extend its reach.

FJY Financial LLC was created in 2006 when three Northern Virginia financial planning and investment management professionals joined forces.

Schwab cited FJY Financial’s educational outreach program as a growth strategy. This includes educational workshops developed and presented by lead advisors that strive to give back to the community, attract clients, and focus on financial issues that matter most to individuals and families.

According to Schwab, additional strategic goals include 100 percent retention of talent, a consistent and scalable client experience, and a combination of the right technology and the right training to drive efficiencies between the Virginia and Texas offices. For example, FJY now leverages the best document management systems in a cloud environment to give advisors paperless access to all client information at any time.

In addition, FJY will persist with its focus on people with a comprehensive review of its employee compensation program; will continue the transition of client relationships to the next generation of advisors; and is developing a strategic technology plan.