FARMINGTON, Connecticut — Connecticut Wealth Management (CTWM), a Farmington-based financial planning and investment advisory firm, is proud to announce that it has been named to the 2023 Forbes/Shook Top RIA Firms list.
“We’re honored to be recognized by Forbes as a Top RIA. To be included on this prestigious list alongside such great firms is truly humbling,” said Kevin Leahy, President and CEO of CTWM. “This award is a testament to the dedication of our entire team and their steadfast commitment to turning life’s aspirations into a reality for our clients.”
The second annual list consists of 250 firms from across the country, managing cumulative assets of more than $1.1 trillion. CTWM ranked #90 on the list and is in the top three when filtered down to the state of Connecticut.
Forbes/SHOOK has a rigorous due diligence process as the basis for its rankings and received over 42,600 nominations that met its thresholds. To see the complete 2023 Forbes/Shook Top RIA Firms list, click here.
Additionally, earlier this year Connecticut Wealth Management was named to Financial Advisor Magazine’s 50 Fastest Growing RIAs for 2023, ranking #46. This list compiled by Financial Advisor Magazine compares firms’ year-end assets under management (AUM) compared to the previous year-end AUM, using the data provided in their surveys. The list features firms with AUM exceeding $500 million and can be viewed here.
About Forbes Top RIA Methodology
The Forbes ranking of America’s Top RIA Firms, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual and in-person due diligence interviews, and quantitative data. The algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices and approach to working with clients.
SHOOK is completely independent and objective and does not receive compensation in exchange for placement on its rankings. To learn more about SHOOK Research’s ranking methodology, click here.
About Connecticut Wealth Management
Connecticut Wealth Management LLC is a registered investment advisor that believes in creating genuine partnerships, building trust and understanding with clients in order to provide unbiased financial planning and asset management to individuals across Connecticut and nationwide. Connecticut Wealth Management takes pride in employing an independent business model that aligns our interests with those of our clients, and engages in a collaborative, team approach to creating empowering wealth management strategies and solutions. For more information about Connecticut Wealth Management LLC, visit www.CTWealthMgmt.com.