Financial Advisor Magazine Disclosure

Financial Advisor Magazine’s “RIA Survey”

This annual survey is performed by Financial Advisor Magazine as a means of measuring growth among independent advisors

across the United States. Firms must be registered investment advisors and provide financial planning and related services to individual clients.  All firms must be either independently owned or be a freestanding subsidiary of another business.

Data is provided by each firm, mostly from numbers and information published on the firm’s Form ADV, including assets under management for the previous two years, number of client relationships, average assets per client, services offered by the firm and percentage of clients who utilize each, portfolio allocations, typical fees, and revenue sources.  Each participating advisor is then ranked in a listing alongside their participating peers.

Survey results are listed out in five categories, which are determined by each firm’s asset size.  The categories are:

• $1 Billion and Over
• $500 Million to <$1 Billion
• $300 Million to <$500 Million
• $100 Million to <$300 Million
• $75 Million to <$100 Million

A separate listing ranking for firms with assets of $75 million or less is available on Financial Advisor Magazine’s Website (www.fa-mag.com), but is not published in their magazine. Within each of the five categories, the top 10 fastest-growing firms are also listed separately.  The results are determined by the percentage of growth in assets over the previous two years. This list is then published at the beginning of the survey ranking results.

Submissions to the national surveys also qualify firms for inclusion in state rankings.  These statewide rankings of a

firms are then published regionally on Financial Advisor Magazine’s Website at various points throughout the year.