Recent Industry Awards and Recognitions

1 The 2020 ranking of the Forbes’ Best-in-State Wealth Advisors list was developed by SHOOK Research and is based on in-person and telephone due-diligence meetings to evaluate each advisor qualitatively and on a ranking algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria (including assets under management (AUM) and revenue generated for their firms). Overall, 32,000 advisors were considered, and 4,000 (12.5 percent of candidates) were recognized. The full methodology that Forbes developed in partnership with SHOOK Research is available here. Please note: The recognition and due-diligence process conducted are not indicative of the advisor’s future performance. Your experience may vary. Winners are organized and ranked by state. Some states may have more advisors than others. You are encouraged to conduct your own research to determine if the advisor is right for you. Portfolio performance is not a criterion due to varying client objectives and a lack of audited data. SHOOK does not receive a fee in exchange for rankings.

2 To compile this annual list, Barron's uses data provided by some of the nation's most productive advisors. Barron's takes a number of criteria (1) into account for this state-by-state ranking, including AUM (2); revenues generated by advisors for their firms; quality of practices, which includes an examination of regulatory records; and philanthropic work. Overall, 4,000 advisors were considered, and 1,200 (30 percent of candidates) were recognized for Barron's Top 1,200 Financial Advisors 2020. (The criteria provided reflects the most recent year for which advisor received the award. The criteria used, the number of wealth managers considered for the award, and the percentage of those who receive the award may vary from year to year.) The list includes both Registered Investment Advisers and Investment Adviser Representatives; some states may include more advisors than others, in proportion to state populations. This award is not indicative of the wealth manager's future performance. Your experience may vary. The state-specific ranking is the same list organized and filtered by advisors located in that state. Prior to 2014, the Barron's Top Financial Advisors List consisted of 1,000 advisors.
(1) Investment performance is not a criterion.
(2) Managed through Commonwealth.

3 The Financial Times evaluated nominees on six primary areas and calculated a numeric score for each advisor. The areas of consideration were AUM, asset growth, compliance record, experience, credentials, and accessibility. Approximately 800 qualified applications were received; 400 advisors were selected, representing 50 percent of applicants (the criteria provided reflects the most recent year for which the advisor received the award. The criteria used the number of wealth managers considered for the award, and the percentage of those who receive the award may vary from year to year). Not indicative of the advisor's future performance. Your experience may vary. For the full methodology, please visit ft.com.

*The Five Star Wealth Manager Award is based on 10 objective eligibility and evaluation criteria, including a minimum of 5 years as an active credentialed financial professional, favorable regulatory and complaint history, accepts new clients, client retention rates, client assets administered, education, and professional designations. 3,580 Boston wealth managers were considered for the award; 463 (13 percent of candidates) were named 2020 Five Star Wealth Managers. These awards are not indicative of the wealth managers' future performance. Your experiences may vary. For more information, please visit www.fivestarprofessional.com.