According to SHOOK Research, Forbes’ partner responsible for due diligence and analysis used in this ranking, the goal of this ranking is to recommend high-quality advisors who are extremely focused on having a positive impact on their clients’ lives.
Steve Braverman, Co-CEO of Pathstone, ranked #7.
Click here to view the Forbes 2020 Best-in-State Wealth Advisor ranking.
Forbes-ranked advisors, developed by SHOOK Research, is based on in-person and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of 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. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of SHOOK Research, LLC and not indicative of future performance or representative of any one client’s experience. Advisors do not pay a fee for placement on Forbes Top Advisor rankings, which are independently determined by Shook Research.