Financial Advisor Magazine’s “RIA Survey”
This annual survey is performed by Financial Advisor Magazine as a means of measuring growth among independent advisors across the United States. Firms must be independent registered investment advisors and provide financial planning and related services to individual clients.
Data is provided by each firm, mostly from numbers and information published on the firm’s Form ADV, including assets under management, number of client relationships, average assets per client, services offered by the firm and percentage of clients who utilize each, portfolio allocations, typical fees, and revenue sources. Each participating advisor is then ranked in a listing alongside their participating peers.
Survey results are listed out in five categories, which are determined by each firm’s asset size. The categories are:
$1 Billion and Over
$500 Million to <$1 Billion
$250 Million to <$500 Million
$150 Million to <$250 Million
<$150 Million
FA’s RIA ranking orders firms from largest to smallest, based on AUM reported to them by firms that voluntarily complete and submit FA’s survey by their deadline. A separate listing ranking for firms with assets under $1 billion is available on Financial Advisor Magazine’s Website (www.fa-mag.com), but is not published in their magazine. The top 50 fastest-growing firms are also listed separately.
Please Note: Limitations: Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if DiNuzzo Private Wealth, Inc. d/b/a DiNuzzo Wealth Management (DWM) is engaged, or continues to be engaged, to provide investment advisory services. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers (see participation criteria/methodology). Unless expressly indicated to the contrary, DWM did not pay a fee to be included on any such ranking. No ranking or recognition should be construed as a current or past endorsement of DWM by any of its clients.