Barron’s Top 1,200 Financial Advisors 2024
The rankings are based on data provided by over 4,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice, and philanthropic work. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities. Advisor rankings are broken down by state. Additional information on the ranking can be found in the Barron’s methodology. Advisors do not pay a fee for consideration in the ranking but can pay a fee to enhance their profile in the Barron’s directory.
Forbes Best-In-State Wealth Advisors 2024
Data for the ranking was provided by SHOOK® Research, LLC and is as of 6/30/23. Forbes America’s Top Wealth Advisors and Best-in-State Wealth Advisors ranking was developed by SHOOK Research and is based on in-person, virtual, and telephone due diligence meetings to measure best practices, client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. The full methodology can be found here. Advisors do not pay a fee for consideration in the ranking but can pay a fee for promotional products pertaining to the ranking.
Forbes Top RIA Firms 2024
Data for the ranking was provided by SHOOK® Research, LLC and is as of 3/31/24. To be considered, the following basic requirements must be met: a minimum of 7 years as an advisor for 1 partner/principal, fully operational as a practice for a minimum of 1 year, must incorporate a fiduciary model, completion of online survey and interview with SHOOK, evaluations focused on wealth management, and acceptable compliance record. Rankings are based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of each firm’s best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and firm, and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. Advisors do not pay a fee for consideration in the ranking but have the opportunity to purchase promotional products pertaining to the ranking. For additional information, please see the methodology for the ranking on the Forbes website.
Forbes Best-in-State Top Next-Gen Wealth Advisors 2024
Data for the ranking was provided by SHOOK® Research, LLC and is as of 3/31/24. To be considered, advisors must be born in 1985 or later with a minimum 4 years as an advisor. Advisors have: built their own practices and lead their teams; joined teams and are viewed as future leadership; or a combination of both. Ranking algorithm is based on qualitative measures: telephone and in-person interviews to measure best practices. Also reviewed: client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and audited performance reports are rare. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. Advisors do not pay a fee for consideration in the ranking but have the opportunity to purchase promotional products pertaining to the ranking. For additional information, please see the methodology for the ranking on the Forbes website.
NJBIZ Best Places to Work NJ 2024
To be eligible for consideration, companies must meet the following criteria: Be a for-profit or not-for-profit business or government entity, Be a publicly or privately held business, Have a facility in the state of New Jersey, Have a minimum of 15 employees working in the state of New Jersey, and Must be in business a minimum of 1 year. Best Companies Group conducts a simple yet thorough company assessment. The assessment is a two-part process designed to gather detailed data about each participating company. In part one, the employer completes a questionnaire and in part two, employees of the company complete an employee survey. The collected information from the two instruments will be combined to produce a detailed set of data enabling the analysts to determine the strengths and opportunities of the participating companies. The workplaces are ranked based on this data and then the Employee Feedback Reports are returned to each participating company. Companies pay a fee to be considered for the list. For more information on company eligibility and the process, please click here.
2024 RIA Ranking by Financial Advisor Magazine
Financial Advisor Magazine, a national publication created exclusively for independent financial planners and registered investment advisors, featured an 2024 RIA Ranking based on year-end 2023 assets, percent growth in assets from 2022 to 2023, assets per client, percent growth in assets per client, and percent change in number of clients. Companies do not pay a fee for consideration in the ranking.
InvestmentNews 2024 Best Places to Work for Financial Advisors in the USA
To find and recognize the Best Places to Work for Financial Advisors, InvestmentNews and Best Companies Group first invited organizations to participate by filling out an employer form, which asked companies to explain their various offerings and practices. To be eligible, an organization must: 1) be a registered investment adviser (RIA), affiliated with (but not an employee of) an independent broker dealer (IBD), or a hybrid/dually registered firm affiliated with an IBD and doing business through an RIA; 2) be based in the US; 3) have a minimum of 15 full- or part-time employees working in the US (all employees in the company should be included in the employee count, not just in the financial advising department); and 4) be in business for a minimum of one year. Next, employers completed an in-depth questionnaire and employees were given the opportunity to offer their honest feedback by taking part in a company-wide survey. Once both portions of the assessment were complete, the InvestmentNews team analyzed the data to determine if an organization had what it takes to be the “best.” To ensure credibility, organizations having 15–24 employees must have an 80 percent or better response rate on the employee survey. A fee was paid for consideration via Best Companies Group.
2024 The Five Star Wealth Manager Award
The Five Star Wealth Manager Award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Active as a credentialed professional in the financial services industry for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not: A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three customer complaints filed against them [settled or pending] with any regulatory authority or Five Star Professional’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process; C. Individually contributed to a financial settlement of a customer complaints filed with a regulatory authority; D. Filed for personal bankruptcy; E. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients; 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. Wealth managers do not pay a fee to be considered or awarded. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The award methodology does not evaluate the quality of services provided and is not indicative of the winner’s future performance. For additional information, please see Five Star Professional’s methodology section.
InvestmentNews Hot List 2023
Data and information are as of August 2023. InvestmentNews invited wealth professionals across the country to nominate leaders for the inaugural Hot List. After receiving hundreds of nominations, InvestmentNews narrowed the list down to 100 movers and shakers whose contributions have helped shape the wealth industry over the past 12 months. Advisors do not pay a fee for consideration in the ranking. Additional information can be found on the InvestmentNews website.
InvestmentNews Top Financial Advisors in the USA 2024
InvestmentNews collected data from nominated advisors and weighted rankings based on AUM, AUM growth, and client growth. Data is from the period of September 2022 and September 2023. Advisors do not pay a fee for consideration in the ranking. Additional information can be found on the InvestmentNews website.
NJBIZ 2024 Leaders in Finance
NJBIZ had an open nomination period where honorees were chosen by a panel of independent judges with experience in the financial field. Criteria under consideration include: involvement in one’s industry and community, as well as professional achievements. For the year of 2024, the award program was open to candidates in the banking, corporate, investment, professional, and blockchain categories. Additional information can be found on the NJBIZ website.
AdvisorHub 2024 Advisors to Watch: Top 200 RIAs
For the 2024 rankings, AdvisorHub received nominations from 339 firms. Nominees were required to have a minimum of seven years experience, $150m minimum AUM, and a clean regulatory record. Advisors were ranked on the 1) size and makeup of their practice; 2) year-over-year growth; 3) and professionalism. Participation in this ranking is open to any firm or advisor and there are no fees for participation. Additional information can be found on the AdvisorHub website.
