TFO Phoenix was recently recognized in a listing of CNBC’s inaugural top 100 fee-only wealth management firms. TFO Phoenix was the only Arizona-based firm listed and was one of the youngest wealth advisory practices on the list.
This list was developed by the CNBC Digital editorial team and Meridian-IQ using a weighted formula that included the following measures:
- Assets under management
- Having staff with professional designations such as a CFP or CFA
- Working with third-party professionals such as attorneys or CPAs
- Average account size
- Growth of assets
- Years in business
- Number of advisory clients
- Finally, in order to be considered for the list, each firm cannot have any complaints, actions or disclosures from the SEC, FINRA, state regulators or state insurance commissioners.
For a look at the complete list on the CNBC website, click the link below.