FORBES BEST-IN-STATE WEALTH ADVISORS OF 2019
LPL Financial is proud to announce that 65 of its affiliated advisors have been ranked among the top advisors in their respective states in this year’s Forbes annual Best-in-State Wealth Advisors report.
“We congratulate these LPL advisors who have earned the recognition of being among the most successful in their home state,” said Andy Kalbaugh, LPL managing director and divisional president, National Sales and Consulting. “This recognition is a reflection of their commitment to providing objective financial advice that is uniquely geared toward their clients’ needs. Their success is a great service to the financial advice industry and the value of independent advice. LPL is proud to support these esteemed advisors and we thank them for the work they do to enrich the financial lives of their clients.”
According to Forbes, the list is compiled of financial advisors nominated by their firm and meet qualifying criteria developed by SHOOK Research. The ranking weighs qualitative and quantitative components, including interviews, industry experience, community involvement, revenue trends and client retention*.
LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer**. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.
View the complete list of Best-In-State Wealth Advisors at Forbes.com
*The Forbes Best-In-State Wealth Advisor ranking, developed by SHOOK Research, is based on in-person and telephone due diligence meetings and a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria, including: assets under management and revenue generated for their firms. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK Research receives a fee in exchange for rankings.
**Based on total revenues, Financial Planning magazine June 1996-2018
LPL Financial, Forbes and SHOOK Research are not affiliated.
LPL Financial and the advisor firms referenced are separate entities.