CNBC Announces the Fourth Annual CNBC Financial Advisor 100

List Recognizes Firms Providing Innovative Ways to Help Clients Navigate Their Financial Lives

ENGLEWOOD CLIFFS, N.J., October 4, 2022 – CNBC, First in Business Worldwide, today announced the fourth annual CNBC Financial Advisor 100, a ranked list that recognizes the top advisory firms that are helping clients navigate through their financial lives. The advisory firms on the 2022 CNBC FA 100 list average 30 years in business and have more than $300 billion in investor assets under management.

In these times of uncertainty — turbulent markets, high inflation and geopolitical turmoil — individual investors are looking to professionals for guidance. While some investors have a plan, those who don’t are now forced to reevaluate their finances and take control in this unpredictable environment. One way they are doing so is by enlisting the help of a financial advisor.

The list was selected from more than 900 qualifying firms using a proprietary methodology developed by CNBC in partnership with data provider AccuPoint Solutions. The analysis started with an initial list of more than 39,800 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 culled from the firm’s filings with the Securities and Exchange Commission. The complete methodology can be found here.

CNBC revealed the list across the network’s platforms and will have special coverage throughout Business Day programming and on CNBC Digital. 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, an overview of the FA space and why more people are turning to FAs now, among others. Additionally, George Farra, Principal of Woodley Farra Manion, will be interviewed on CNBC’s “Fast Money Halftime Report” (M-F, 12PM-1PM ET) today, Tuesday, October 4th.

Following are the top ten 2022 CNBC FA 100:

1.         Woodley Farra Manion

2.         Dana Investment Advisors

3.         Albion Financial Group

4.         Heritage Investment Group

5.         Edgemoor Investment Advisors

6.         Salem Investment Counselors

7.         Leavell Investment Management

8.         Halbert Hargrove Global Advisors

9.         The Burney Company

10.       Lee, Danner & Bass

For more information regarding the CNBC FA 100, visit CNBC.com/FA100.

Follow @CNBC on Twitter and join the conversation using #FA100.