Welcome to Extreme Investor Network, your go-to source for all things personal finance and investment related. Today, we are excited to dive into a special report on CNBC’s FA 100 list of the top financial advisory firms for the year 2024.
CNBC, in collaboration with data provider AccuPoint Solutions, conducted a thorough analysis to rank registered investment advisors for this prestigious list. The methodology involved analyzing core data points from AccuPoint Solutions’ database of registered investment advisors.
Initially starting with a list of 40,896 RIA firms from the SEC regulatory database, the list was meticulously narrowed down to 903 RIAs that met CNBC’s specific criteria. These firms were then sent an extensive email survey to gather more details about their practices.
The CNBC team verified the data provided by these firms and cross-referenced it with the SEC regulatory database. AccuPoint Solutions applied CNBC’s proprietary weighted categories to further refine and rank the top 100 firms, creating the FA 100 list.
It’s important to note that CNBC does not receive any compensation for featuring financial advisory firms on their list, and inclusion does not constitute an individual endorsement by CNBC. The primary data points considered in the analysis included the firm’s regulatory/compliance record, years in business, number of certified financial planners, total assets under management, and more.
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