MENTOR, Ohio, January 12, 2024 – Carver Financial Services was named to Forbes “Best-In-State Wealth Management Teams” for the state of Ohio. There were a total of 10,144 team nominations received. Carver Financial Services ranked #10 out of 167 in the state of Ohio. This is the second year that Carver Financial Services has been included on this prestigious list of top wealth management teams.
While founder and President of Carver Financial Services Inc. has received numerous awards personally, he commented on the team recognition.
“I believe that our team is the reason for our continued success. It’s an honor, and gratifying, that our entire team has been recognized by Forbes as part of this exclusive list of Best In State Wealth Management Teams’, commented Carver. He went on to say, “We are honored that Forbes has recognized the exceptional service and commitment that each member of our team provides to our clients and community”.
The 2024 Forbes ranking of America’s Top Wealth Management Teams Best-In-State, 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 3/31/2022 to 3/31/2023 and was released on 01/9/2024. Advisor teams that are considered must have one advisor with a minimum of seven years of experience, have been in existence as a team for at least one year, have at least 5 team members, and have been nominated by their firm. The algorithm weights 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 10,000 team nominations, 4,100 advisor teams received the award based on thresholds. 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. Please see https://www.forbes.com/lists/wealth-management-teams-best-in-state/ for more info.