SAX WEALTH ADVISORS NAMED A “FASTEST-GROWING REGISTERED INVESTMENT ADVISOR IN THE U.S.” BY FINANCIAL ADVISOR MAGAZINE
Sax Wealth Advisors, a registered investment advisory firm and financial planning subsidiary of accounting, tax and advisory firm, Sax LLP, is proud to announce it has been named to Financial Advisor Magazine’s 2018 edition of the Top 50 Fastest-Growing RIAs (Registered Investment Advisors) in the United States.
Financial Advisor Magazine’s list of the “Top 50 Fastest-Growing Firms” is comprised of firms across the country with more than $250 million in assets under management (AUM) that are demonstrating upwards growth. Sax Wealth Advisors was ranked #37 at 45.96% growth in assets and 7.79% growth in assets per client.
RIA firms applied for consideration of this acknowledgement, having met a minimum set of criteria. Applicants were then ranked on multiple factors, including assets under management, AUM growth rate, assets per client, the percentage of growth in assets per client, and the percentage of change in number of clients.
Financial Advisor Magazine is a major publication geared toward financial professionals with the intention to deliver essential market information and strategies to help advisors better serve their clients and grow their firms.
“We are honored to be recognized by Financial Advisor Magazine for our upwards growth as a registered investment advisor,” said Kyle R. Stawicki, Partner-in-Charge of Sax Wealth Advisors, LLC. “Our momentum in the industry continues to be driven by our emphasis on customized client service, our commitment to our financial planning philosophies, and our team of high-caliber advisors who continue to propel us forward.”
ABOUT SAX WEALTH ADVISORS LLC
Sax Wealth Advisors is an independent registered investment advisor offering financial services built on integrity and meaningful client relationships. The firm is recognized by the National Association of Personal Financial Advisors (NAPFA) as a fee-only firm and has offices in Clifton, NJ, Pennington, NJ, and New York City, NY. The firm provides customized investment and financial solutions for individual wealth management, in addition to employer retirement plans. Sax Wealth Advisors is a wholly owned subsidiary of accounting and advisory firm, Sax LLP. For more information, please visit www.saxwa.com.
Financial Advisor Magazine recognizes Sax Wealth Advisors, LLC as a 2018 “Top 50 Fastest-Growing Firms with More than $250 Million in AUM” and in its “2018 RIA Ranking.” These rankings were based upon an independent analysis of multiple criteria of the Firm. Financial Advisor Magazine’s “2018 RIA Ranking” and “Top 50 Fastest-Growing Firms with More than $250 Million in AUM” is an independent listing produced annually by Financial Advisor Magazine (July 2018), an independent company unaffiliated with Sax Wealth Advisors, LLC. The rankings are based on data gathered from RIA firms, regulatory disclosures, and the magazine’s research. These rankings do not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Sax Wealth Advisors, LLC did not pay or provide any compensation in connection with the rankings. The rankings should not be construed as an endorsement of the firm’s advisory services. Third-party rankings and recognition from rating services are no guarantee of future investment success.
RIA 2018 SURVEY METHODOLOGY
To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC and provide financial planning and related services to individual clients. Firms must have at least $50 million in assets under management as of December 31, 2017. Corporate RIA firms, investment advisor representatives (IARs) and hybrids are not eligible for this survey.