Ric Edelman Rated Among Nation's Best Independent Financial Advisors
For Immediate Release
August 22, 2008
Media Contact:
Mark Bagley
mbagley@RicEdelman.com
703-227-0541
FAIRFAX, Va. -- Barron’s has again named Edelman Financial Services founder and chairman Ric Edelman one of the 100 best independent financial advisors in the country.
In its second annual ranking, appearing in its Aug. 18 issue, Barron’s listed Edelman at No. 39. His firm, EFS, manages nearly $4 billion in investments for clients nationwide and for years has been among the largest independent investment advisory firms in the country. Total assets under management, however, is just one of the criteria used to compile the Barron’s ranking. Also considered, according to Barron’s, are the advisor’s contributions to the firm’s revenue and profit, his approach to the business, quality of service, and client satisfaction.
Edelman said he was “honored and grateful” that his listing as one of the financial service industry’s elite advisors brings recognition to his 20-year-old firm and its 190-person staff. “The ranking reflects the hard work done daily at Edelman Financial Services on behalf of our clients.”
Edelman, who has eschewed the $1 million-or-more minimum account requirement maintained by many firms in the industry, was pleased that the survey data shows that his clients’ average account size is among the smallest of the 100 rated advisors. “While we have lots of high-net-worth clients, we discovered a long time ago that it’s more fun to help ordinary people become rich than to help rich people stay that way.”
In addition to being one of the country’s leading financial planners, Edelman also has a well-earned reputation of improving financial literacy. He dispenses financial advice to consumers weekly on The Ric Edelman Show, broadcast nationwide via the ABC Radio Networks and he is an author of six books whose current bestseller, The Lies About Money, was named the top personal finance book of the year in the Axiom Awards competition.
Ric Edelman is an Investment Advisor Representative and offers advisory services through Edelman Financial Advisors LLC and Edelman Financial Services LLC, SEC registered investment advisers. Ric is also a Registered Representative of and offers securities for Edelman Financial Services LLC through SMH Capital Inc., an independent broker/dealer, member FINRA/SIPC.
Barron's cover story "Top 100 Independent Financial Advisers," August 18, 2008 (compiled by independent financial industry researcher R.J. Shook, based on assets under management, advisor's contributions to the firm's revenues and profits, quality of service, and client satisfaction.)
Rescue Your Money, written by award-winning financial advisor Ric Edelman, is your personal investment recovery plan.
