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More People Rely on Edelman Financial Than Any Other Firm, According to a Survey by Wealth Manager Magazine

For Immediate Release
July 09, 2007

Media Contact: Mark Bagley
mbagley@ricedelman.com
(703) 227-0541

FAIRFAX, Va., July 9 – Edelman Financial Services LLC is the largest financial advisory firm in the country based on number of clients served, according to Wealth Manager magazine’s annual ranking of 464 financial service companies surveyed.

The magazine’s 7th annual “Top Dog Report” is published in its July/August 2007 edition.

The survey indicates Edelman Financial Services has more than twice the number of clients — 7,870 — as the next-largest firm. The data also show that EFS has the industry’s largest support staff, and the third-best support-to-professional staff ratio, which explains how the company is able to provide such a high degree of service to each of its clients. The firm is also 11th largest based on total assets under management.

“We are thrilled to be the firm helping the most individuals and families with their investments and financial planning,” said Ric Edelman, EFS founder and chairman. Interestingly, Edelman Financial’s average customer account is only $411,000, ranking the firm at No. 456 out of 464. In comparison, clients at the top five companies invested an average of $52 million to $121 million.

“The listing illustrates the success of our corporate philosophy,” said Edelman. “We don’t have account minimums; you don’t need $50 million to become our client. We’re here to provide real world advice for people who want financial security for themselves and their families.”

Edelman founded EFS in 1987. A No. 1 best-selling author, his five books include the personal finance classic, The Truth About Money. His newest book, The Lies About Money, will be published in October by Simon & Schuster. Edelman hosts a weekly radio show syndicated nationally by ABC Radio. (Visit www.RicEdelman.com for air times.)