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Randy Carver named to the prestigious Barron’s 2025 Top 100 Financial Advisors List

May 13, 2025 – Carver Financial Services, Inc. is proud to announce that Randy Carver, President and Founder of Carver Financial Services, RJFS Financial Advisor, has been named to the prestigious Barron’s 2025 Top 100 Financial Advisors list, ranking #58 in the nation. This marks another milestone in Carver’s decades-long commitment to delivering personalized, objective, and forward-looking financial advice to clients across the country.

Published annually by Barron’s, the Top 100 Financial Advisors list recognizes the most accomplished wealth managers in the United States based on a variety of criteria including assets under management, revenue produced, regulatory record, and quality of practice. Carver’s inclusion in this elite list reflects his leadership in the industry and his unwavering focus on client success.

“It’s an honor to be recognized by Barron’s among so many outstanding advisors,” said Carver. “This recognition is truly a reflection of the trust our clients place in us and the exceptional work of our entire team at Carver Financial Services.”

With more than 30 years of experience, Randy Carver has built a practice rooted in transparency, education, and long-term relationship building. Under his leadership, Carver Financial Services has grown to serve thousands of clients nationwide, offering comprehensive wealth management strategies tailored to each client’s unique goals.

This national recognition underscores Carver’s mission to simplify financial planning, empower investors, and help clients achieve their vision of financial independence.

To see the full listing click here.

Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved. The rankings are based on data provided by 1,402 individual advisors and their firms and include qualitative and quantitative criteria. Data points that relate to quality of practice include professionals with a minimum of 7 years financial services experience, acceptable compliance records (no criminal U4 issues), client retention reports, charitable and philanthropic work, quality of practice, designations held, offering services beyond investments offered including estates and trusts, and more. Financial Advisors are quantitatively rated based on varying types of revenues produced and assets under management by the financial professional, with weightings associated for each. Investment performance is not an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment picking abilities. This ranking is based upon the period from 1/1/24 to 12/31/24 and was released 5/9/2025. 100 advisors won. This ranking is not based in any way on the individual’s abilities in regard to providing investment advice or management. This ranking is not indicative of an advisor’s future performance, is not an endorsement, and may not be representative of individual clients’ experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Barron’s is not affiliated with Raymond James.

 

 

 

Singer Songwriter with Josh Kear and Jon Nite

 

Carver Financial Services hosted Jon Nite and Josh Kear from Nashville’s Singer Songwriter City for a fun concert. The evening featured popular country songs performed by the artists who wrote them, and their stories behind the lyrics.

Randy Carver Ranked #92 on Forbes’ 2025 List of America’s Top Wealth Advisors

April 8, 2025 – Randy Carver, President and Founder of Carver Financial Services, has been named to Forbes’ prestigious list of America’s Top Wealth Advisors for 2025, earning the #92 spot among the nation’s most respected financial professionals.

This marks another milestone in Carver’s three-decade career dedicated to helping clients achieve financial clarity, confidence, and freedom. With over $3 billion in assets under management as of March, 2025, Carver and his team continue to set a high standard in personalized wealth management, retirement planning, and comprehensive financial strategy.

“I’m incredibly honored to be recognized by Forbes alongside so many outstanding professionals,” said Randy Carver. “This recognition is a reflection of the incredible clients we serve and the dedication of our entire team. Our mission has always been to simplify financial planning and help people live the life they’ve imagined.”

The Forbes ranking, developed by SHOOK Research, is based on both quantitative and qualitative criteria including industry experience, assets under management, client retention, and a commitment to best practices.

With an unwavering focus on individualized client care and a commitment to community involvement, Carver Financial Services continues to grow while staying true to its local roots in Mentor, Ohio.

See the full list here.

The Forbes America’s Top Wealth Advisors 2025 ranking, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 6/30/2023 to 6/30/2024 and was released on 4/8/2025. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 48,944 nominations, 250 advisors received the award. This ranking is not indicative of an advisor’s future performance, is not an endorsement, and may not be representative of individual clients’ experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit  https://www.forbes.com/top-wealth-advisors/ for more info.

Randy Carver Recognized as Ohio’s #2 Wealth Advisor on Forbes’ 2025 Best-In-State List

April 8, 2025 – Randy Carver, President and Founder of Carver Financial Services, is honored to announce his ranking as the #2 Wealth Advisor in Ohio on Forbes’ 2025 “Best-In-State Wealth Advisors” list. This esteemed recognition underscores his unwavering commitment to delivering exceptional financial advisory services and personalized client solutions.

Forbes, in collaboration with SHOOK Research, evaluates wealth advisors nationwide based on criteria such as industry experience, revenue trends, assets under management, compliance records, and client service best practices. The 2025 rankings reflect data from June 30, 2023, to June 30, 2024.​

Randy Carver expressed, “​Being recognized by Forbes as Ohio’s #2 wealth advisor is a profound honor. This achievement reflects the dedication of our entire team and the trust our clients place in us. We remain committed to providing personalized financial strategies that align with our clients’ unique goals and aspirations.”​

See the full list here.

The Forbes Top Wealth Advisors Best-in-State 2025 ranking, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 6/30/2023 to 6/30/2024 and was released on 4/8/2025. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 48,944 nominations, roughly 9,722 advisors received the award. This ranking is not indicative of an advisor’s future performance, is not an endorsement, and may not be representative of individual clients’ experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit https://www.forbes.com/best-in-state-wealth-advisors/ for more info.

Market Drops are Normal

Market drops can feel uncomfortable or even frightening, but they’re normal, temporary… and believe it or not—essential to long-term growth.

Good News for the Economy: Job Growth, Lower Inflation & More

Despite all the negative headlines, the real story is much brighter! Unemployment is at 3.9%, inflation is cooling down, and we’re seeing growth in job numbers, home sales, and manufacturing. Tariffs are a tool for fair trade, not a threat. In this video, we break down the positive economic trends and why focusing on the facts, not the fear, is key. Stay informed, stay confident, and let’s build a successful future together.

The Power of Starting Young

The Power of Starting Young: How to Build Wealth in Your 20s and 30s

Building wealth isn’t about luck. It’s about time, strategy, and discipline. The earlier you start, the more you can take advantage of compound growth, smart investing, and financial habits that set you up for long-term success.

Leverage the Power of Compound Interest

One of the biggest advantages of starting young is compound interest, which is when your money makes money. The longer your money stays invested, the more it grows exponentially. For example, investing $500 a month starting at age 25 can grow to over $1 million by retirement, assuming a 7% average return. Waiting until 35 to start could cut that amount in half.

Staying the Course

The stock market can be inconsistent in the short term. While it can greatly fluctuate from day to day, history has shown that it is one of the most consistent ways to build wealth over the long term. The key to successful investing is staying the course, even through market downturns.

Take Advantage of Employer-Sponsored Accounts

Start contributing to your employer-sponsored retirement account, especially if your employer offers a match. This is essentially free money and a simple way to get started with investing. The match boosts your savings, helping you build wealth faster. Over time, these contributions can compound significantly, especially when you start early.

Consider Tax-Advantaged Accounts and After-Tax Brokerage Accounts

In addition to employer-sponsored accounts, consider contributing to a Roth IRA or Traditional IRA. These accounts offer tax advantages, allowing your investments to grow either tax-deferred, in the case of a Traditional IRA, or tax-free with a Roth IRA.

If you’ve already maximized your contributions to retirement accounts and want to continue building wealth, consider using an after-tax brokerage account. While these accounts don’t offer the same tax advantages as IRAs or 401(k)s, they provide flexibility and allow you to invest beyond the contribution limits of tax-advantaged accounts. You can buy and sell investments without penalty and access the funds anytime, which can be helpful for shorter-term goals like buying a home.

Live Below Your Means and Avoid Lifestyle Inflation

Earning more does not automatically make you wealthy. Keeping more of what you earn does. As your income grows, it is natural to want to improve your standard of living, and it is okay to enjoy the rewards of your hard work. The key is to balance lifestyle upgrades with increasing your savings and investments. By making sure you are not just spending more but also saving more, you can enjoy a higher quality of life now while securing your future. Small, smart financial decisions today can pay off significantly in the future.

Eliminate High-Interest Debt

Debt can be a major obstacle to building wealth. Focus on paying off high-interest debt, such as credit cards, while managing low-interest debt, like student loans or a mortgage. Consider using the debt snowball method to pay off smaller debts first for motivation, or the debt avalanche method, which prioritizes the highest-interest debts to save money in the long run.

Automate Savings and Investing

Set up automatic contributions to your savings and investment accounts. A pay-yourself-first mindset ensures you prioritize financial growth before spending. A good rule of thumb is to save at least 20 percent of your income for investing and long-term goals. However, as with all rules of thumb, take this with a grain of salt—your savings rate may need to be adjusted based on your unique goals and financial situation. Automating this process helps you stay consistent and avoid the temptation to spend your savings.

Final Thoughts

The best time to start building wealth was yesterday. The second-best time is today. By investing early, managing your money wisely, and staying disciplined, you can set yourself up for a secure future. Small, consistent actions now can lead to financial independence later. Your future self will thank you. If you want to make sure your habits are aligned with your goals, don’t hesitate to reach out to an advisor at Carver Financial. We’re here to help you navigate your journey to financial security and retirement.

Every investor’s situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. Prior to making an investment decision, please consult with your financial advisor about your individual situation.

401(k) plans are long-term retirement savings vehicles. Withdrawal of pre-tax contributions and/or earnings will be subject to ordinary income tax and, if taken prior to age 59 1/2, may be subject to a 10% federal tax penalty. Roth 401(k) plans are long-term retirement savings vehicles.

Contributions to a Roth 401(k) are never tax deductible, but if certain conditions are met, distributions will be completely income tax free. Unlike Roth IRAs, Roth 401(k) participants are subject to required minimum distributions at age 72 (70½ if you reach 70 ½ before January 1, 2020).

Matching contributions from your employer may be subject to a vesting schedule. Please consult with your financial advisor for more information.

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Ryan Bennett, CFP®  and not necessarily those of Raymond James.