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Barron's Top 100 Independent Advisors: Michael Yoshikami
2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009
Financial Planning Magazine: Top RIA Firms
Financial Advisor Magazine RIA Ranking
Bloomberg Markets Top 50 RIAs
FT 300 Top Registered Investment Advisors
Barron’s ranking of the “Top 100 Independent Advisors” is based on assets under management, the quality of the advisors’ practices, and the revenue they generate for their firms. Investment performance isn’t an explicit criterion, since clients’ investment objectives differ; for some clients, simply keeping abreast of inflation is sufficient. The scoring system assigns a top score of 100 and rates the rest by comparing them to the top-ranked adviser.
Bloomberg Markets ranked active U.S. registered investment advisers that provide financial planning services based on the data they reported to the Securities and Exchange Commission as of June 1, 2015. We used filings as of June 2, 2014, for year-over-year comparisons.
The ranking excludes firms that operate as or are affiliated with broker-dealers, banks, or thrifts; trust or insurance companies; or firms with employees who are registered representatives of broker-dealers. We also excluded firms that take commissions, sell financial products, or operate as real estate agents, lawyers, insurance brokers, or accountants. We did not consider multifamily offices.
Our RIAs obtained more than 75 percent of their assets under management from high-net-worth individuals. Up to 25 percent of their AUM was from any of the following sources: investment and business development companies; pooled investment vehicles; pension and profit-sharing plans; charitable organizations, corporations, or other businesses; state or municipal government entities; other investment advisers; and/or investors that the RIAs described in the filings as “other.”
To be eligible for the Financial Advisor Magazine RIA ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC. They need to provide financial planning and related services to individual clients.
Firms were measured and ranked by their growth in assets under management from 2015 to 2016 to determine the top 50 fastest growing.
Financial Planning Magazine:
Discovery Data compiled the rankings based on discretionary and nondiscretionary assets under management listed on SEC Form ADV. To capture independent fee-only planning firms, every effort is made to exclude firms with broker-dealer and insurance company affiliations and those with substantial outside ownership stakes held by private equity firms and some outside investors. The list also does not include roll-ups, aggregators or turnkey asset management programs.
To capture firms that provide true holistic financial advice to individuals, only firms with 50% or more individual clients, as can be determined through the Form ADV, are included.
Subjective review of unusual cases may result in inclusion or exclusion based on factors unique to those firms. As the RIA industry evolves, so does the criteria.
Financial Times 300 Disclosure:
The 2014 Financial Times Top 300 Registered Investment Advisors is an independent listing produced by the Financial Times (June, 2014). TheFT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. As identified by the FT, the listing reflected each practice’s performance in six primary areas, including assets under management, asset growth, compliance record, years in existence, credentials and accessibility. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.