June 2019
Cleveland Jewish News
10,000 Square Foot Expansion Begins
MENTOR, Ohio, June 12, 2019 — The 10,000 Sq. Ft. Carver Financial Services Inc. expansion has begun at our Center Street location in the heart of Mentor.
?This expansion is part of our continuing commitment to provide our clients, team and community with a comfortable state-of-the-art building,? says Randy Carver, President of Carver Financial Services Inc., an independent practice, and Branch Manager with Raymond James Financial Services. The expansion will double the existing building size and is expected to be complete by the end of October.
In 2012, we began a planned five-phase improvement program for the building and behind-the-scenes infrastructure. Phases 1 through 4 are now complete.
- Phases 1 and 2 were undertaken and completed in 2012. This involved the complete renovation of computer systems and an update to the file center and basement conference center. This work also involved the complete demolition and remodeling of the second floor on the east side of the building. This upgrade allowed for an update to wiring, network and data technology while adding seven office spaces.
- Phase 3 involved the renovation of the reception area and exterior of the east side of the building. The new exterior is an energy-efficient exterior insulation and finish systems (EIFS) system. This phase of the project also entailed adding new servers and digital infrastructure for the building. Both handicapped accessibility and general access were improved, and parking was expanded.
- Phase 4 was the largest part of the project and was completed in October 2013. In this phase, the original one-story building was demolished and replaced with a state-of-the-art two-story facility.
“We appreciate everyone’s patience and understanding as we complete these improvements,” commented Carver. “As with our financial planning strategy, we want to be proactive with our facilities so we can continue to provide exceptional service and a great experience to our clients, and future generations, for decades to come!”
Since 1990, Carver Financial Services Inc. has been helping clients in Lake County and around the world enhance and maintain their standard of living while simplifying their lives. Randy Carver and his team manage more than $1.4 billion in assets, providing comprehensive financial planning with a focus on retirement income.
Randy Carver Named to 2019 Financial Times Top 400 Financial Advisers
April 25, 2019 – Randy Carver, RJFS Registered Principal, and the President of Carver Financial Services Inc. was once again named to the 2019 Financial Times list of Top 400 Financial Advisers.
The FT 400 was developed in collaboration with Ignites Research, a subsidiary of the FT that provides specialized content on asset management. To qualify for the list, advisers had to have 10 years of experience and at least $300 million in assets under management (AUM) and no more than 60% of the AUM with institutional clients. The FT reaches out to some of the largest brokerages in the U.S. and asks them to provide a list of advisors who meet the minimum criteria outlined above. These advisors are then invited to apply for the ranking. Only advisors who submit an online application can be considered for the ranking.
In 2019, roughly 960 applications were received and 400 were selected to the final list (41.7%). The 400 qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, years of experience, industry certifications, and online accessibility. AUM is the top factor, accounting for roughly 60-70 percent of the applicant’s score. Additionally, to provide a diversity of advisors, the FT placed a cap on the number of advisors from any one state that’s roughly correlated to the distribution of millionaires across the U.S. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of advisor’s future performance.
Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. The FT is not affiliated with Raymond James.
March 2019
Barron’s Names Randy Carver To It’s Top 1200 Financial Advisor List for 2019
March 11, 2019 – Barron’s Magazine again named Randy Carver as one of the top advisors in the Nation and one of Ohio’s ten best financial advisors. Randy has been recognized by Barron’s each year since 2008.
Rankings are based on data provided by the nation’s 4,000 most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn’t 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. Barron’s listed their top 1,200 putting Randy in the top 4/10th of 1% of all advisors.
To see full listing click here.
Carver Financial Services Inc. is an independent firm. Raymond James is not affiliated with Barron’s. Neither Raymond James nor any of its Financial Advisors have paid a fee in exchange for this recognition. This recognition is not indicative of future investment performance, is not an endorsement, and may not be representative of individual clients’ experience.
Randy Carver named to Forbes’ 2019 Best-In-State List of Top Wealth Advisors
February 26, 2019 – Randy Carver, RJFS Financial Advisor was recognized on Forbes list of Best-In-State Wealth Advisors, as one of the top advisors in Ohio. There were more than 29,000 nominations received, 120 were recognized in Ohio, with Randy Carver being ranked #5. This is the third year in a row that Randy has been included on this prestigious list of top wealth advisors from national, regional and independent firms.
The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research is based on an algorithm of qualitative criteria and quantitative data. Those advisors that are considered have a minimum of 7 years of experience, and the algorithm weighs factors like revenue trends, AUM, 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 29,334 advisors nominated by their firms, 3,477 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. Raymond James is not affiliated with Forbes or Shook Research, LLC.