Forbes 2025 Best-In-State Wealth Management Teams List

EDITED BY SERGEI KLEBNIKOV AND 
SHOOK RESEARCH
JANUARY 09, 2025, 10:00 AM
  • After a roaring 2024 the Standard & Poor's 500 Index finished the year with a 23% gain, while the tech-heavy Nasdaq Composite Index surged 29%. Some experts predict the stock market rally to continue, but most are warning that returns are likely to be more muted and that investors should brace for heightened volatility. As always, wealth advisory teams are at the ready to put client capital to work and most continue to lean into areas like alternative investments. The third annual Forbes | SHOOK Best-In-State Wealth Management Teams list features more than 5,300 teams with cumulative assets of $7 trillion. Forbes’ rankings were compiled by SHOOK Research, which uses financial data and interviews candidates nominated by their firms.
CLICK HERE FOR THE FULL METHODOLOGY.
The Highlights

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.

The Full List
Join 1,000+ Listees Making the Most of their Forbes Accolade.
Listees do not pay a fee for placement on Forbes Rankings. Listees on this ranking highlighted in color have paid a fee for enhanced features on their corresponding profile.
Read More
More Forbes Lists