Forbes Ranks William Blair Wealth Advisors to its 2023 Top Next Generation Wealth Advisors | William Blair (2024)

FAQs

Forbes Ranks William Blair Wealth Advisors to its 2023 Top Next Generation Wealth Advisors | William Blair? ›

Forbes Ranks Five William Blair Wealth Advisors to its 2023 Top Next Generation Wealth Advisors. Forbes magazine recently named William Blair's Matt Clark, David Dreifuss, Andrew Feichter, Max Kaplan, and Dan Maude to its 2023 Top “Next-Gen” Wealth Advisors Best-In-State list published August 8.

Those advisors that are considered have a minimum of four years' experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass the highest standards of best practices.

The top 5 are: 545 Group, Jones Zafari Group, The Polk Wealth Management Group, Hollenbaugh Rukeyser Safro Williams, The Erdmann Group.

Wealth advisors are a type of financial advisor who typically work with very wealthy clients and offer holistic financial planning, including services such as estate planning, tax help and legal guidance, in addition to investment management.

Most investors today probably recognize Warren Buffett's name as he has long ties to the financial advising industry. His investing style is derived from Benjamin Graham, another famous financial advisor. Other famous media financial advisors include Suze Orman, Jim Cramer, or Dave Ramsey.

Forbes magazine recently named William Blair's Matt Clark, David Dreifuss, Andrew Feichter, Max Kaplan, and Dan Maude to its 2023 Top “Next-Gen” Wealth Advisors Best-In-State list published August 8.

While ZipRecruiter is seeing salaries as high as $146,556 and as low as $46,385, the majority of Wealth Management Advisor salaries currently range between $82,400 (25th percentile) to $121,900 (75th percentile) with top earners (90th percentile) making $138,166 annually in California.

HDFC Bank Wealth services have been designed to deliver a premier banking experience for a select group of individuals who value the finer things in life. From 'Best Private Bank in the Super Affluent Category' to the 'Best Performing Bank (Private)', our services have been consistently awarded and celebrated.

Typically, a high-net-worth individual has assets of between $1 million and $5 million. Those with multi-million dollar fortunes, generally assets of at least $30 million, are sometimes identified as ultra-HNWI (UHNWI). The term “net worth” factors in liquid or investable assets.

At what net worth should I get a financial advisor? ›

Generally, having between $50,000 and $500,000 of liquid assets to invest can be a good point to start looking at hiring a financial advisor. Some advisors have minimum asset thresholds. This could be a relatively low figure, like $25,000, but it could $500,000, $1 million or even more.

1. JP Morgan Private Bank. “J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said. “With J.P. Morgan, each client is given access to a panel of experts, including experienced strategists, economists and advisors.”

The number one reason Warren suggests being wary of financial advisors is that, in aggregate, he believes that they add no value. He explains this with an analogy. When you have a leaky faucet, you call a plumber and they fix it. That's a value-added service.

Financial advisors perform many services, though for the most part, they help clients manage their money. Often, this means managing a client's investment portfolio. Financial advisors can help you cut expenses, pay down debt and prioritize your goals.

Cost: Robo-advisors typically charge an AUM fee of 0.25% to 0.50%, which works out to $125 to $250 a year on a $50,000 account balance. There are a couple of robo-advisors that charge no management fee, including SoFi Automated Investing and Ally Managed Portfolios.

How do I get on the list? There's no one way to get on the list. Candidates are evaluated by Forbes staff and a panel of independent, expert judges on a variety of factors, including (but not limited to) funding, revenue, social impact, scale, inventiveness and potential.

The Forbes ranking of America's Top Wealth Advisors and Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria learned through telephone, virtual and in-person due diligence interviews, and quantitative data such as revenue trends and assets under management.

The Definitive Ranking of The Wealthiest Americans In 2023

The wealthiest people in the U.S. are as wealthy as ever—and the cutoff to make the list now stands at a record-tying $2.9 billion. America's superrich are riding high again.