Full Ranking Disclosure
Form ADV Part 2A Brochure
ADV Part 3 Form CRS
DISCLOSURE INFORMATION - RANKINGS AND AWARDS
Barron's Magazine - Top 100 Independent Wealth Advisors
According to Barron’s: The formula Barron’s uses to rank advisors is proprietary. The rankings are based on data provided by individual advisors and their firms. Advisor data is confirmed via regulatory databases, cross‐checks with securities firms and conversations with individual advisors. The formula Barron’s uses to rank advisors is proprietary. It has three major components: assets managed, revenue produced and quality of practice. Investment returns are not a component of the rankings because an advisor’s returns are dictated largely by the risk tolerance of clients. The quality of practice component includes an evaluation of each advisor’s regulatory record. The data is based on one fiscal year (July 1, 2022 - June 30, 2023) and appeared in Barron’s on September 18, 2023.
Forbes - America's Top Wealth Advisors
America’s Top Wealth Advisors ranking was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of 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 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. For more information, please see www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC. Data provided by SHOOK® Research, LLC. America’s Top Wealth Advisors data as of 6/30/22 and appeared in the 2023 April/May issue of Forbes Magazine.
Forbes - Best-In-State Wealth Advisors
Forbes 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; also considered are: 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. For more information, please see www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC. America’s Top Wealth Advisors data as of 6/30/22 and appeared in the 2023 April/May issue of Forbes Magazine.
Financial Advisor Magazine - FA's RIA Ranking
“2022 Financial Advisor magazine RIA Survey & Ranking” comes from Financial Advisor magazine (“FA”), a publication and online website covering the investment advisory industry, which surveys and publishes an annual list of independent registered investment advisors, ranked by assets under management. Mainstay Capital Management, LLC (“Mainstay”) is not affiliated with FA. FA's RIA survey is based on assets under management at year end of independent RIA firms. FA's RIA ranking orders firms from largest to smallest, based on AUM reported to them by firms that voluntarily complete and submit FA's survey by a certain deadline. FA states that they “…do our best to verify AUM by reviewing ADV forms.” To be eligible to participate, firms must be independent registered investment advisors, filing their own ADV with the SEC, and provide financial planning and related services to individual investors. Firms must have at least $500 million in assets under management as of December 31, 2021, to be included in the print edition of FA's 2022 RIA survey. Firms with under $500 million will be included in FA's expanded 2022 online RIA survey. FA magazine has not disclosed how many firms chose to participate. There was no direct compensation provided to be nominated for this award. The 2022 FA’s RIA Survey and Ranking appeared in the 2022 July/August issue of Financial Advisor magazine.
