Joe Covill named to Forbes list of “Top Next-Generation Wealth Advisors”
On behalf of everyone here at CT Financial Partners, please join me in congratulating Joe Covill, our Managing Partner, for being named to Forbes Magazine’s “Top Next-Generation Wealth Advisors!”
Forbes received over 23,000 nominations for inclusion in the list of 1,000. To qualify for this prestigious award, advisors must have been born in 1980 or later. Forbes took the list down to 5,832 advisors in the country who were invited to be interviewed.
This interview involved Forbes measuring qualitative aspects of their practice, such as service models, investing process, experience levels, and integrity. Each advisor completes a lengthy survey and Forbes considers such factors as compliance records, client retention, industry credentials, and assets managed. This quantitative and qualitative data are then fed into a proprietary algorithm, which produces a ranking score. Overall, Forbes is looking at the quality of the practitioner and the clients he or she serves.
Joe ranked #460 in the United States amongst all advisors and was the #1 independent advisor on the list in the state of Connecticut. Forbes believes the advisors in this ranking, are the industry’s future leaders; the stewards for their clients and their next generations, and those who will help mold the direction of Wealth Management.
Congratulations Joe on your great accomplishment!
You can view the full Forbes article here:
*The 2019 ranking of Forbes’ Top 1,000 Next Generation Wealth Advisors (1) recognizes advisors born in 1980 or later with a minimum of four years of experience. Advisors were rated based on a proprietary algorithm of qualitative and quantitative criteria: assets under management, revenues generated for their firms, client retention, industry experience, credentials, and compliance records. SHOOK Research also employs an opinion-based weighting system that prioritizes its preferred “best practices,” which include business models, activities, processes, and structure. Overall, 5,832 advisors were considered, and 1,000 (17 percent of candidates) were recognized. Click [here] for the full methodology(2) that Forbes developed in partnership with SHOOK Research.
1) This recognition and the due-diligence process conducted are not indicative of the advisor’s future performance. Your experience may vary. You are encouraged to conduct your own research to determine if the advisor is right for you.
(2) Portfolio performance is not a criterion due to varying client objectives and lack of audited data. SHOOK does not receive a fee in exchange for rankings