Jul 09, 2024 -

Posted at 10:32 am News/Resources

Parsippany, NJ Headquarters, July 9, 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 #29 on Accounting Today‘s List of Top Firms by Assets Under Management (AUM). This prestigious “Wealth Magnet” designation places SAXWA among the top 150 CPA firms in financial planning nationwide for the seventh consecutive year. SAXWA’s reported AUM exceeds $2 billion, securing its distinguished position in “The Billion Dollar Club,” the highest tier on the “Wealth Magnets” list.

View the full ranking here.

In addition to this achievement, SAX Wealth Advisors is excited to welcome two seasoned professionals, Jennifer Leong and William “Bill” Connor, as Partners and Wealth Advisors. We believe their extensive experience will further enhance SAXWA’s ability to cater to the sophisticated financial needs of affluent individuals and families.

Jennifer Leong, CFP®, CIMA®, brings over 15 years of wealth management experience with a specialization in investment strategies, financial, and retirement planning. She also holds a Certificate in ESG Investing from the CFA Institute.

William “Bill” Connor, CFA, CFP®, has over 20 years of experience in risk management, investment analysis, and portfolio management. He develops personalized financial plans and has knowledge of private alternative investments. Bill holds a Certificate in Financial Planning from Georgetown University and is an active member of the CFA Society of New York and the Estate Planning Council of New York.

Kyle Stawicki, Managing Partner of SAX Wealth Advisors, commented, “Being recognized as one of the top firms by AUM is a testament to our unwavering commitment to continued growth. That commitment, coupled with the addition of Jennifer and Bill to our team strengthens our mission to deliver exceptional value to our clients.”

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 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

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

[1] Registration with the SEC or any state securities authority does not imply a certain level of skill or training.

Accounting Today’s 2024 Top 150 Firms by AUM in the U.S.

This ranking was released on June 4, 2024 based on assets under management between Dec. 31, 2023 and mid-May 2024.

The list was compiled by the editors of Accounting Today based on submissions by individual firms or as submitted by Ideagen Audit Analytics (“Ideagen”) on behalf of the firm. Ideagen used regulatory data as the basis of the information it submitted to Accounting Today. A total of 200 financial advisors participated in the survey. No compensation was provided to any participant nor was a subscription required to participate.

Rankings are based exclusively on information prepared by the participating firms and/or submitted to Accounting Today by Ideagen. As such, rankings are limited to the participating advisors.  Those who did not apply for consideration were excluded and may be equally or more qualified.

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.

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. Their 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.