Full Ranking Disclosure
Form ADV Part 2A Brochure
ADV Part 3 Form CRS
DISCLOSURE INFORMATION - RANKINGS AND AWARDS
Barron's Magazine - Top 100 Independent Wealth Advisors
According to Barron’s: The rankings are based on data provided by individual advisors and their firms. Advisor data is confirmed via regulatory databases, cross‐checks with securities firms and conversations with individual advisors. The formula Barron’s uses to rank advisors is proprietary. It has three major components: assets managed, revenue produced and quality of practice. Investment returns are not a component of the rankings because an advisor’s returns are dictated largely by the risk tolerance of clients. The quality of practice component includes an evaluation of each advisor’s regulatory record. The data is based on one fiscal year (7/1/22 - 6/30/23) and appeared in Barron’s on 9/18/23.
Forbes - America's Top Wealth Advisors
Forbes ranking of America’s Top Wealth Advisors was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of best practices, 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. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. For more information, please see www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC. Data provided by SHOOK® Research, LLC. America’s Top Wealth Advisors data as of 6/30/22 and appeared in the 2023 April/May issue of Forbes Magazine.
Forbes - Best-In-State Wealth Advisors
Forbes ranking of Best-in-State Wealth Advisors was developed by SHOOK Research and is based on in-person, virtual, and telephone due diligence meetings to measure best practices; also considered are: client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: 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. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. For more information, please see www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC. America’s Top Wealth Advisors data as of 6/30/22 and appeared in the 2023 April/May issue of Forbes Magazine.
Financial Planning - Top 150 Fee-Only RIA Firms
Mainstay Capital Management, LLC (“Mainstay”) was named among the “Top 150 Fee-Only RIA Firms” by Financial Planning (“FP”) in 2023. FP’s 2023 ranking of registered investment advisers was compiled by compliance firm Comply. Mainstay is not affiliated with Financial Planning or Comply. SEC Form ADV filings as of July 2023 were used to list the largest companies using a six-part criteria that included the following: (1) firms must have zero registered representatives of a broker-dealer, (2) at least 50% of the firm's clients must be individuals or high net worth individuals, (3) firms must not list commissions as a compensation arrangement, (4) firms must have more than zero financial planning clients, (5) firms must not list commission-taking businesses in "other business activities", and (6) firms cannot be affiliated under common ownership with commission-taking businesses. Neither FP nor Comply have disclosed how many firms were evaluated to formulate the list. There was no direct compensation provided to be nominated for this award. The “RIA Leaders 2023: Top 150 Fee-Only RIA Firms” appeared on Financial Planning online on 11/22/23.
