What is the story about?
What's Happening?
CNBC has announced its seventh annual Financial Advisor 100 list, recognizing the top advisory firms in the United States that are helping clients achieve financial freedom. The list, compiled using a proprietary methodology developed by CNBC and AccuPoint Solutions, ranks firms based on criteria such as total assets under management, number of registered investment advisors, and compliance records. The 2025 list includes firms with an average of 32 years in business and managing over $223 billion in investor assets. The top firm this year is Parsons Capital Management from Providence, RI, followed by Heritage Investment Group from Pompano Beach, FL, and Beaird Harris Wealth Management from Dallas, TX.
Why It's Important?
The release of the Financial Advisor 100 list is significant as it highlights the growing importance of professional financial guidance amid economic uncertainties. With changes in interest rates and tax laws, financial advisors are increasingly crucial in helping individuals plan for their financial futures. The recognition of these firms underscores the value of experienced advisory services in navigating complex financial landscapes. This list serves as a resource for individuals seeking reliable financial advice and showcases the firms that are leading the industry in client service and asset management.
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