Aug 07, 2024 - SAX Wealth Advisors Ranked #37 on Financial Advisor’s List of Fastest Growing Firms
Parsippany, NJ Headquarters, August 7, 2024 – SAX Wealth Advisors, LLC (SAXWA), a registered investment advisory firm[1] and financial planning subsidiary of SAX LLP, a Top 100 accounting, tax, and advisory firm, announces its ranking at #37 on Financial Advisor’s List of Top 50 Fastest-Growing Firms by Assets Under Management (AUM). This is the first year SAX Wealth Advisors has been included in this list.[2]
“Since my arrival, I’ve witnessed firsthand the transformative journey SAXWA has undertaken. Our growth is not merely measured by the increase in assets under management, but by the depth of trust we’ve aimed to build with our clients, the expansion of our service offerings, and the ongoing professional development of our team,” commented Trevor Hodges, Chief Operations Officer and Chief Compliance Officer of SAX Wealth Advisors. “This holistic approach ensures we not only meet but strive to exceed our client’s expectations, securing a robust foundation for sustained growth.”
“We believe our inclusion on this list is a testament to our team’s dedication, expertise, and unwavering commitment to our clients,” added Kyle Stawicki, Managing Partner of SAX Wealth Advisors. “We feel honored to be recognized among such notable companies and remain focused on sustaining this momentum while seeking to provide unparalleled value to those we serve.”
ABOUT SAX WEALTH ADVISORS LLC
SAX Wealth Advisors is an independent registered investment advisor offering financial services built on integrity and developing 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 Parsippany, NJ, Ewing, NJ, New York City, NY, Londonderry, NH, and Concord, MA. 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 Top 100 accounting, tax, and consultancy firm SAX LLP. For more information, visit www.saxwa.com.
About SAX LLP[3]
SAX LLP is a Top 100 accounting, tax, and advisory firm serving the needs of privately held companies, family-owned businesses, nonprofit organizations, and high-net-worth individuals. With offices in Parsippany, NJ, Ewing, NJ, New York City, NY, and Mumbai, India, SAX has specialized expertise that benefits clients in our largest vertical markets. SAX provides added value to clients through advisory services that include but are not limited to Cybersecurity and Managed IT, Investment Banking, Transaction Advisory, HR Consulting, Valuation, Forensic & Litigation and Wealth Management. SAX has been nationally ranked and listed among the Top Accounting Firms by NJBIZ, INSIDE Public Accounting (IPA), Accounting Today and Forbes. For more information, please visit www.saxllp.com.
Disclosures
Financial Advisor RIA Survey & Ranking 2024
This ranking was released on July 15, 2024. The data is as of 12/31/23 unless noted otherwise on the survey. The data was compiled by Financial Advisor magazine through the information provided to us by the firms that completed and submitted a survey.
FA’s RIA survey is a ranking based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. FA’s RIA ranking orders firms from largest to smallest, based on AUM reported to us by firms that voluntarily complete and submit FA’s survey by our deadline. We do our best to verify AUM by reviewing ADV forms. 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 $1 billion in assets under management as of December 31, 2023, to be included in the print edition of Financial Advisor magazine’s 2024 RIA survey. Firms with under $1 billion will be included in FA’s expanded 2024 online RIA survey.
Hybrid RIA firms, corporate RIA firms and investment advisor representatives (IARs) are not eligible for this survey. A corporate RIA is a registered investment advisor most often formed by a broker-dealer that files an ADV with the SEC. Advisors who are affiliated with the broker-dealer or other entity’s corporate RIA may offer investment advice. They are considered Investment Advisor Representatives (IARs) of the corporate RIA. All of the assets under management of the IARs are included in the corporate RIA’s ADV filed with the SEC.
Working with a ranked advisor should be evaluated properly and has no correlation to investment results. Working with a highly ranked advisor does not ensure that a client or prospective client will experience a higher level of performance or results. Third-party rankings are no guarantee of future investment success or performance. This ranking is conducted by a third-party provider and not meant to serve as an endorsement for SAX Wealth Advisors. Rankings should not be considered an endorsement of the wealth manager by any client nor are they representative of any one client’s evaluation. Provided for informational purposes only.
[1] Registration with the SEC or any state securities authority does not imply a certain level of skill or training.
[2] The content is for information purposes only and developed from sources believed to be providing accurate information. We make no representations as to its accuracy or completeness. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.
[3] Accounting Today’s 2024 Top 100 Firms and Accounting’s Regional Leaders
The 2024 Top 100 Firms list is compiled by Accounting Today and obtains its data by conducting an annual nationwide survey of national and regional accounting firms. These rankings offer in-depth benchmarking data, as well as strategies and advice from applying firms. The 2024 rankings are based on 2023 net revenue and were released on April 5, 2024. No third parties were involved, no compensation was provided to any participant nor was a subscription required to participate.