Savant Wealth Management, a nationally recognized, fee-only registered investment adviser (RIA), received numerous industry recognitions in 2022, based on various quantitative and qualitative criteria, including assets under management, growth, client retention, and more. Savant did not pay a fee to be included in any of the rankings listed below.
Barron’s ranked Savant No. 33 in its list of the Top RIA Firms of 2022, up three spots from Savant’s No. 36 ranking in 2021. The financial news outlet has consistently recognized Savant in its list of top RIA firms. This annual ranking, published in September, weighed numerous factors in the rankings including technology spending, staff diversity, and succession planning. Advisors who wish to be ranked complete a survey about their practice, which Barron’s verifies with regulatory databases. Barron’s then applies a rankings formula to the data to generate the ranking. The formula features three major categories of calculations, including assets, revenue and quality of practice.
Savant ranked No. 13 in Financial Planning’s RIA Leaders 2022, which ranks the top 20 RIAs providing fee-only financial planning services. Financial Planning compiled its rankings from SEC Form ADV filings in July 2022. Financial Planning’s data partner, RIA in a Box, ranked RIAs based on these six criteria:
- At least 50% of the firm’s clients must be individuals or high net worth individuals
- Firms must not list commissions as a compensation arrangement
- Firms must have more than zero financial planning clients
- Firms must not list commission-taking businesses in “other business activities”
- Firms cannot be affiliated under common ownership with commission-taking businesses
For the 14th consecutive year, Financial Advisor, a leading financial trade publication, recognized Savant in its annual RIA rankings in August. Savant climbed two spots from No. 43 in 2021, to earn the No. 41 spot in the 2022 RIA Ranking. The list includes nearly 540 RIAs throughout the U.S. In addition, Financial Advisor also named Savant No. 35 in its list of the 50 Fastest Growing RIAs in 2022. Financial Advisor’s RIA survey ranks firms based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. 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 $500 million in assets under management as of December 31, 2021 to be included in the print edition of Financial Advisor magazine’s 2022 RIA survey. This methodology also applies to the 50 Fastest Growing Firms list.
In August, InvestmentNews recognized Savant in its list of Top Fee-Only RIAs in 2022, earning the No. 22 spot, jumping from No. 26 in 2021. This is the 15th straight year the firm has made the list. The ranking includes 50 of the top RIA firms in the country and is based on the data each firm reports on its form ADV to the SEC. Firms must also meet 10 specific criteria, including providing investment advisory services to clients during the most recent fiscal year, not being actively engaged in business as a broker-dealer, and not receiving commissions.
For the 10th year in a row, Accounting Today recognized Savant in its annual Top Wealth Magnet list, which ranks by AUM 150 CPA financial planners throughout the nation. Savant earned the No. 2 spot and is part of the “$1B-Plus Club. In 2021, the firm ranked No. 3. This ranking was published in August with data provided by Audit Analytics.
For more information about Savant Wealth Management, visit savantwealth.com.
Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, or any amount of prior experience or success, should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Savant is engaged, or continues to be engaged, to provide investment advisory services. Unless expressly indicated to the contrary, Savant did not pay a fee to be included on any such ranking. No ranking or recognition should be construed as a current or past endorsement or testimonial of Savant by any of its clients.
Savant Wealth Management is a leading independent, nationally recognized, fee-only firm serving clients for over 30 years with approximately $12.4 billion in assets under management and assets under advisement (as of 6/30/22). As a trusted advisor, Savant Wealth Management offers investment management, financial planning, retirement plan and family office services to financially established individuals and institutions. Savant also offers corporate accounting, tax preparation, payroll and consulting through its affiliate, Savant Tax & Consulting.
Headquartered in Rockford, Illinois, Savant has offices in Bloomington, Chicago, Downers Grove, Freeport, Hoffman Estates, Lincolnshire, Naperville, Peoria, St. Charles, Sterling, and Wilmette, IL; Phoenix, AZ; Cedar Rapids and Iowa City, IA; Indianapolis, IN; Plymouth, MI; Santa Fe, NM; Madison, Middleton, and Park Falls, WI; and Manassas, McLean, and Reston, VA.
Savant is a registered Investment advisor. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Please read our Important Disclosures at savantwealth.com.