List Recognizes Firms Finding New Ways to Help Clients Manage Their Financial Lives
ENGLEWOOD CLIFFS, N.J., October 2, 2024 – CNBC, First in Business Worldwide, today announced the 2024 CNBC Financial Advisor 100. Now in its sixth year, the CNBC FA 100 is a ranked list of the top advisory firms in the country that are helping guide clients through the journey of achieving financial freedom. The firms on the 2024 list average 35 years in business and have more than $375 billion in investor assets under management.
Amid falling inflation and a jumbo interest rate cut from the Federal Reserve, some experts believe the economy is on track for a “soft landing.” Still, investors face market uncertainty and major tax law changes on the horizon. But finding quality professional advice can be difficult and many don’t know where to start.
The list was determined by applying a proprietary methodology, developed by CNBC and data provider AccuPoint Solutions, to 900 qualifying firms out of a pool of nearly 41,000 registered investment advisory firms. Categories in the methodology include: total assets under management, number of investment advisors registered with the firm, advisor’s compliance record and total accounts under management, among others. CNBC and AccuPoint Solutions determined the weighting for each category, further refining and ranking the firms, ultimately leading to the final CNBC FA 100. All of the data collected from the RIAs was information pulled from each of the firm’s filings with the Securities and Exchange Commission. The complete methodology can be found here.
CNBC.com’s special report, CNBC.com/FA100, features articles that include a look at how the advisory firms were selected, an in-depth interview with the top finisher, and an overview of the state of the FA industry, among others.
Following are the top ten 2024 CNBC FA 100:
7. Sheaff Brock Investment Advisors
8. Salem Investment Counselors
10. Ferguson Wellman Capital Management
For more information regarding the CNBC FA 100, visit CNBC.com/FA100 and follow @CNBC on X to join the conversation using #FA100.
For more information contact:
Jennifer Dauble
CNBC
t: 201.735.4721
m: 201.615.2787
Erin Kitzie
CNBC
t: 201.735.4739
m: 201.753.8107
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