The recognition further cements Steward Partners' nationwide commitment to excellence
NEW YORK, Jan. 22, 2025 -- Steward Partners, a full-service, employee-owned, independent financial services firm, announces six partners named as Forbes | SHOOK 2025 Best-In-State Wealth Management Teams. The annual ranking spotlights more than 5,300 teams with $7 trillion in cumulative assets. Forbes' ranking was determined through SHOOK Research, which compiled the list through financial data and candidate interviews nominated by their firms.
"The teams represented by Forbes | SHOOK have showcased the prominence of our commitment to further developing the ideals we set forth since establishing the firm in 2013," said Jim Gold, CEO of Steward Partners. "Earning recognition from such a coveted ranking is a testament to our dedication to expanding our employee equity ownership model to not only empower our internal teams but to also provide a greater range of services to our esteemed clientele."
The Steward Partners teams honored by Forbes include:
- Harmony Private Wealth, Fort Collins, CO
- Hoffman Private Wealth Group, Clearwater, FL
- Ramapo Wealth Advisors - Sahagian Wealth Management, Ramsey, NJ
- Spector, Frisch & Reed Private Wealth Management, Portsmouth, NH
- The Price Group (Texas), Houston, TX
- Clove Hitch Advisors, Portsmouth, NH
Since its inception in 2013, Steward Partners has solidified its place as one of the industry's fastest-growing RIAs. Through paving the way for industry standards, Steward Partners secured many appearances on several esteemed ranking lists, including ranking #40 on the 2024 Financial Planning's 'Best RIAs to Work For' list. 2024 also marked the firm's fifth consecutive appearance on Barron's' Top 100 RIA Firms list, securing an impressive 18th ranking. Earlier in 2024, 23 of the firm's wealth managers earned recognition on Forbes' Best-In-State Wealth Advisors list, which was also compiled through the same means of extensive data collection by SHOOK Research. Steward Partner was also recognized in InvestmentNews' second annual 'Hot List' with the inclusion of CEO Jim Gold and Legacy Division Head Scott Danner of the firm's leadership team. Additionally, three of Steward Partners' rising stars were featured on Forbes' Top Next-Gen Wealth Advisors Best-In-State list. Further cementing its prominent standing, the firm also earned a coveted spot on the 2024 Inc. 5000, a celebration of America's fastest-growing private companies.
For the full Forbes 2025 List of Forbes | SHOOK Best-In-State Wealth Management Teams list, visit: https://www.forbes.com/lists/wealth-management-teams-best-in-state/
About Steward Partners
Representing some of the U.S.'s top advisors, Steward Partners is a full-service, employee-owned, independent financial services firm that offers wealth management solutions for families, businesses, and multigenerational investors. Established in 2013, the firm fosters a positive, transparent culture of camaraderie and excellence that has fueled its substantial growth in a highly competitive industry. With its commitment to exceptional client service and forward-thinking partnerships, the firm was ranked as the #18 RIA in the country in Barron's Top 100 RIAs for the year 2024. Offering services such as comprehensive wealth planning, private banking, institutional consulting, international advisory, and business solutions, the firm was responsible for over $39 billion in client assets as of December 2024.
To learn more about Steward Partners, visit www.stewardpartners.com.
About Forbes | SHOOK
2025 Forbes Best-In-State Wealth Management Teams
Data provided by SHOOK® Research, LLC. Data as of 3/31/24 Source: Forbes.com (January, 2025). Forbes Best-in-State Wealth Management Teams ranking 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 each team's 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 team, 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.
About Financial Planning 'Best RIAs to Work For'
Financial Planning.com and Best Companies Group: Best 52 RIAs to Work For. Financial Planning.com and Best Companies Group ("Best Companies") accepted applications from any RIA registered with the SEC — whether for-profit or nonprofit — that met three conditions: Each firm must have at least 10 employees in the United States, must have a facility within the country and must have been in business for at least one year. Each applicant was rated on leadership, culture, pay and benefits, training, work environment, engagement, communications and other factors. Additionally, Financial Planning.com and Best Companies evaluated each firm's workplace policies, practices, benefit programs, philosophy, systems and demographics. Financial Planning.com and Best Companies combined their measurements from the survey and evaluation to calculate an overall score for each firm. The list does not evaluate the quality of services furnished to clients. Neither Steward Partners nor its wealth managers paid a fee to Financial Planning.com or Best Companies.
About Barron's Top 100 RIA Firms
Barron's Top 100 RIA Firms, 2020 / 2021 / 2022 / 2023 / 2024. Barron's is a registered trademark of Dow Jones & Company, L.P. All rights reserved. Participation in this ranking is by invitation only and limited to firms that meet the minimum eligibility requirements. Participating firms were evaluated and ranked on a wide range of quantitative and qualitative data, including assets overseen by the firm, revenue generated by the firm, level of technology spending, number of clients, size of staff, diversity across staff, and placement of a succession plan. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of the advisor's future performance. Neither Steward Partners nor its Wealth Managers pay a fee to Barron's in exchange for the ranking.
About Forbes | SHOOK
2024 Forbes Top Next-Gen Wealth Advisors
SHOOK considered advisors born in 1985 or later with a minimum of 4 years as an advisor. Advisors must have built their practices, led their teams, joined teams, and are viewed as future leaders, or a combination of both. The ranking algorithm is based on qualitative measures: telephone and in-person interviews to measure best practices. Also reviewed 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 audited performance reports are rare. Data provided by SHOOK® Research, LLC. Data as of 3/31/24. Rankings are based on the opinions of SHOOK Research, LLC, and are not indicative of future performance or representative of any one client's experience. Neither Steward Partners Investment Solutions, LLC nor its Wealth Managers pay a fee to Forbes or SHOOK Research in exchange for the ranking. For more information, see www.SHOOKresearch.com.
2024 Forbes Best-in-State Wealth Advisors
Ranking was developed by SHOOK Research and is based on in-person, virtual 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 are not indicative of future performance or representative of any one client's experience. Neither Steward Partners Investment Solutions, LLC nor its Wealth Managers pay a fee to Forbes or SHOOK Research in exchange for the ranking. For more information, see www.SHOOKresearch.com.
About Inc. and the Inc. 5000
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
Inc. 5000 Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
InvestmentNews – InvestmentNews' 'Hot List' - 2024 - In August 2024, InvestmentNews invited wealth professionals from across the country to nominate their most exceptional leaders for the publication's second annual 'Hot List.' After receiving hundreds of nominations, InvestmentNews narrowed the list down to 100 pivotal figures whose contributions have helped shape the wealth industry over the past 12 months. From innovators at the forefront of change to leaders who are transforming the way the industry does business, this year's 'Hot List' represents the best the industry has to offer. Neither Steward Partners nor its Wealth Managers pay a fee to InvestmentNews in exchange for the ranking.
Securities are offered through Steward Partners Investment Solutions, LLC ("SPIS"), registered broker/dealer, member FINRA/SIPC. Investment advisory services are offered through Steward Partners Investment Advisory, LLC ("SPIA"), an SEC-registered investment adviser. SPIS, SPIA, and Steward Partners Global Advisory, LLC are affiliates and collectively referred to as Steward Partners.
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