Destination Wealth Management is proud to serve its clients and be recognized nationally as a top independent wealth management firm.
Barron's Top 100 Independent Advisors: Michael Yoshikami
2017, 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
Third-party rankings and recognition from rating services or publications are no guarantee of future investment success. Working with a highly-rated adviser does not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the adviser by any client nor are they representative of any one client’s evaluation. Generally, ratings, rankings and recognition are based on information prepared and submitted by the adviser. The advertisement of each award or ranking contains specific disclosures of the criteria and requirements for receiving such award or ranking, and any potential or actual conflicts of interest related thereto. It is important for clients and prospective clients to understand this when evaluating Destination Wealth Management.
Barron’s Top 100 Independent Financial Advisors:
Michael Yoshikami was included in Barron’s 2017 “Top 100 Independent Advisors” list. The criteria for ranking reflects assets under management, revenue that the advisors generate for their firms, and the quality of the advisor’s practices. Investment performance is not a component of the rankings because an advisor’s returns are dictated largely by the risk tolerance of advisors’ clients. The quality of practice component includes an evaluation of each advisor’s regulatory record. The scoring system assigns a top score of 100 and rates the rest by comparing them with the top-ranked advisor. Mr. Yoshikami was nominated for inclusion in the list. There are over 100 nominations, but only 100 published ranking spots. Barron’s uses a proprietary method to rank advisors based on the criteria above. Destination Wealth Management provides this data to Barron’s in the form of a survey response. Initial ranking is done by Barron’s; publicly available data is verified by Barron’s via regulatory databases, cross-checks with securities firms and conversations with individual advisors. No payment was required for nomination or inclusion in the ranking. After receiving notice of inclusion in the top 100 ranking list, Destination Wealth Management (DWM) paid Dow Jones & Company for glossy reprints of the piece; DWM also paid Dow Jones through RightsLink for permission to link to a Dow Jones WebReprint to our corporate website and for inclusion in their directory. No organizational memberships were required of DWM or individuals. Ranking on this list is not representative of any one client’s experience and is not indicative of DWM’s future performance. DWM is not aware of any facts that would call into question the validity of the ranking or the appropriateness of advertising inclusion in this list.
Financial Advisor Magazine RIA Ranking:
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 – Top RIA Firms:
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.
Bloomberg Markets Top 50 RIAs:
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. Bloomberg Markets also excluded firms that take commissions, sell financial products, or operate as real estate agents, lawyers, insurance brokers, or accountants. Bloomberg Markets did not consider multifamily offices.
Bloomberg Markets Top 50 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”.
Financial Times Top Registered Investment Advisors
The Financial Times award was based on their solicitation of applications from more than 2,000 independent RIA firms who had $300 million or more in assets and no more than 75% of a practice’s assets be institutional. Firms were graded on six broad factors and calculated a numeric score for each advisor. Areas of consideration include AUM, AUM growth, years the firm has been in existence, industry certifications of staff, SEC compliance record, and online accessibility. Only those who completed an application were considered.
Financial Times 300 (FT 300) Disclosure:
The 2014 Financial Times Top 300 Registered Investment Advisors is an independent listing produced by the Financial Times (June, 2014). The FT 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.