Awards and recognition

Financial Times names Randy Carver to 2020 list of Top 400 Financial Advisers

April 16, 2020 – Randy Carver, RJFS Registered Principal, and the President of Carver Financial Services, Inc. was once again named to the 2020 Financial Times list of Top 400 Financial Advisers.

The Financial Times 400 Top Financial Advisors is an independent listing produced annually by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times (April 2020). 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 2020, roughly 1,040 applications were received and 400 were selected to the final list (38.5%). 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, Ignites Research, and Money-Media are not affiliated with Raymond James.


Barron's Names Randy Carver To It's Top 1200 Financial Advisor List for 2020

March 25, 2020 - Barron's Magazine again named Randy Carver as one of the top advisors in the Nation and one of Ohio's top three best financial advisors. Randy has been recognized by Barron's every 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 the full listing click here.

Carver Financial Services Inc. is an independent practice. 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. Barron's is a registered trademark of Dow Jones & Company, L.P. All rights reserved.


Randy Carver named to Forbes 2020 Best-in-State List of Top Wealth Advisors

January 21, 2020 – 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 32,000 nominations received nationwide. Randy Carver was ranked #4 out of the 120 recognized in Ohio. This is the fourth year in a row that Randy has been included on this prestigious list of top wealth advisors from national, regional and independent firms.

Click here to view the profile on the Forbes list.

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 32,000 advisors nominated by their firms, more than 4,000 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.


Carver Financial Services wins Fast Track 50 Award for Lake & Geauga Counties

September 2019, Carver Financial was recognized as one of the The Lake-Geauga Fast Track 50 winners for the 13th year in a row.

The Fast Track 50 recognizes the contribution of local companies to Lake and Geauga county economies. The Fast Track 50 Committee compiles a list of the fastest-growing companies in Ohio’s Lake and Geauga counties. Companies are ranked by sales and employment growth over the previous five-year period and the top 50 are recognized. Carver Financial Services Inc. has consistently been recognized on this list for the last nine years.

The 2019 Lake-Geauga Fast Track 50 honors companies and individuals in Lake and Geauga counties who have shown growth. The Fast Track 50 Committee compiles a list of the fastest-growing companies in Ohio’s Lake and Geauga counties. Companies can nominate themselves. To be eligible for the award, companies must be located within the two-county region, be organized as a for-profit business, and must meet a minimum sales profit. Companies are ranked by sales and employment growth over the previous five-year period and the top 50 are recognized. Winners are chosen by a math formula: 80% of weight is given to sales growth and 20% of the weight is given to employee growth. To more fairly compare larger and smaller companies, the Fast Track 50 is divided into Established and Emerging categories. For 2019, Established companies must report revenue of at least $2.75 million in 2014, the baseline year for all evaluations. Emerging companies are required to have 2014 sales of between $250,000 and $2.75 million. There are 25 companies on each list. Out of 100 firms nominated, 50 received the award. This ranking is not indicative of future performance, is not an endorsement, and may not be representative of individual clients’ experience. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. Raymond James is not affiliated with The Fast Track 50 Award.


Case Western Reserve names Carver Financial to its 2019 Weatherhead 100 list

September 2019 - Carver Financial Services, Inc. was named by Case Western Reserve University to its 2019 Weatherhead 100 list. Companies recognized on this prestigious Weatherhead 100 list are honored for their percent of revenue growth over the past five years.

The rankings are based on data from the following: 12-month period of net sales from 2014 – 2018, 2014 net sales must be at least $100,000, headquartered in Ashland, Ashtabula, Cuyahoga, Erie, Geauga, Huron, Lake, Lorain, Mahoning, Medina, Portage, Richland, Stark, Summit, Trumbull or Wayne County, not a franchise or subsidiary of another company between 2014 – 2018 and must be a for-profit organization. Neither Raymond James nor any of its financial advisors pay a fee in exchange for this award/rating. Case Western Reserve University and Weatherhead 100 is not affiliated with Raymond James.


Randy Carver ranked among Barron’s 2019 Top 100 Independent Wealth Advisors

September 2019 - Randy Carver was once again included on the 2019 Barron’s list of the “Top 100 Independent Wealth Advisors” in the country. Randy has been included on this prestigious list of top wealth advisors every year since 2010.

Barron’s produced the listing of top advisors after weighing factors such as client assets under management, philanthropic work, compliance record and the overall quality of their practices. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports*. There are more than 300,000 licensed financial advisors in the United States so being named one of the top 100 independent advisors is a notable recognition.

To see the 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.

Barron's Top 100 Independent Financial Advisors, 2019. Barron's is a registered trademark of Dow Jones & Company, L.P. All rights reserved. The rankings are based on data provided by over 4,000 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.


Randy Carver named to Forbes’ 2019 list of Top 250 Wealth Advisors in the U.S.

September 12, 2019 – FORBES published their 2019 list of Top 250 Wealth Advisors in the United States. This is the fourth year in a row that Randy Carver, President of Carver Financial Services Inc. and registered Principal with Raymond James Financial Services Inc., was included in this prestigious list. There were more than 30,600 nominations received, seven were recognized in Ohio, with Randy Carver being ranked #104.

Full story - https://www.forbes.com/profile/randy-carver/#7ebea526739a

The Forbes ranking of Top 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 seven 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. 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. Data provided by SHOOKTM Research, LLC. Data as of 6/30/19. America’s Top Wealth Advisors (Forbes.com Sept. 2019).


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.


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.


1 2 3 6