According to Forbes, advisors were selected for the list based on insights from SHOOK Research™, which compiles quantitative and qualitative data. Advisors were evaluated using a variety of criteria and must have been born after 1980 to qualify for the award*.
LPL advisors recognized on the list include, in alphabetical order:
“Congratulations to this group of talented advisors for demonstrating a commitment to supporting their clients and for changing the face of our industry to address the needs of more investors,” said Andy Kalbaugh, LPL managing director and divisional president, National Sales and Consulting. “We are proud to support them in their work to help more Americans pursue bright financial futures, and we look forward to supporting them for years to come.”
LPL Financial, SHOOK Research, Forbes and the advisor firms listed are separate entities.
*The Forbes ranking of Top-Next Generation Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative and quantitative data, rating thousands of wealth advisors born in or after 1980. Advisors are interviewed by telephone and in person to evaluate service models, investing process, experience levels and integrity. Additional factors considered include compliance record, client retention, revenues produced for their firms and assets managed. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receives a fee in exchange for ratings.