We live in a busy life where running after money is natural. Money is what that runs us and runs the world. There are a wide range of professions which people prefer and the amount earned, their income goes either to their account or in any form of investment. When people who earn a large sum of money they need advisors to help them, educate them where to invest money in the necessary places. In this article, we are going to look into America's Top Wealth Advisors.
Who is a wealth advisor?
There is a wide range of financial disciplines available like legal planning, estate planning, accounting, bits of advice based on investments, retirement planning for future. If there is an affluent and prosperous client, they might have loads of money but very unsure of where to invest or save. A wealth advisor comes into rescue here who gives the required advice of what to do, where to invest which is best for the future.
Barron's Top Wealth Advisors List
Barron's (www.barrons.com) is the most trustworthy and leading financial news collector and publisher. They also analyse the stock market and different markets investments. Every year they publish a list of the top wealthy advisors. The following are the few wealthy advisors in Barron's top financial advisors 2020 list.
1. Lyon Polk
The private wealth advisor, Lyon Polk is Barron's top financial advisors 2020 list. He lives in New York with his wife and two daughters. He is the proud owner of Lyon Polk, Private Wealth Advisor, is the founder of The Polk Wealth Management Group at Morgan Stanley, the investment banking company and mainly concentrates on the construction of the portfolio, management of investments and also on alternative investments. He is a notable wealth advisor since the year 2008 and still a one in 2020. For three consecutive years now in a row, 2018, 2019 and 2020, he is the first wealth advisor in the U.S. As he is a popular personality, he is often invited to give speeches. Many online and book publications like The New York Times, The Financial Times, Barron's, Forbes Magazines quote his words.
Rank as per 2019: 1st rank
Assets: $27.25 Billion
Team Size: 27 members
Years of Experience: 34 years
Financial Planning: Yes, he does financial planning
2. Gregory Vaughan
Another private wealth advisor with Morgan Stanley's Private Wealth Management division, Gregory Vaughan is based on Morgan Stanley's Silicon Valley office complex which is situated in Menlo Park, CA. He is known for managing incomes and in alternative investment portfolios. The main focus of Gregory Vaughan and his team is entrepreneurs, venture capitalists, private foundations/endowments, and privately controlled corporations to whom he offers customized capital management solutions.
Rank as per 2019: 2nd rank
Assets: $24.77 Billion
Team Size: 11 members
Years of Experience: 41 years
Financial Planning: No
3. Andy Chase
Before uniting with Morgan Stanley Private Wealth Management, Andy Chase began his management practice of capitals with Smith Barney which is located on the Sand Hill Road. In the period from 1981 through 2009, Andy and his team grew powerful and created an identity for themselves. The main focus of Andy Chase and his team is to serve affluent people, entrepreneurs, venture capitalists, investment pieces of advice and customised capital-related solutions which are personalised from one person to another. He is recognised by the top financial advisor's lists of both Forbes and Barron's since the year 2010 and is still mentioned in the lists of 2020.
Rank as per 2019: 3rd place
Assets: $45.97 Billion
Team Size: 36 members
Years of Experience: 39 years
Financial Planning: Yes, he does financial planning
4. Mark T. Curtis
Constant name found in the financial industry magazines, Financial Times, American Top Advisors, Barron's Magazine etc, Mark T. Curtis is the managing director. He is associated with several firms and Wealth Management, Morgan Stanley are two of those. His and his team's main focus is providing valuable advisory related to finance to investors, corporate services in both public and in private. Mark T. Curtis has the pride of receiving the "Stalwart 15" an elite award, which will be given only to the top 15 financial advisors in every single Barron's Top 100 ranking since the commencement of the list in the year of 2004.
Rank as per 2019: 4th rank
Assets: $117 Billion
Team Size: 20 members
Years of Experience: 39 years
Financial Planning: No
5. Brian Pfeifler
Brian Pfeifler is ranked the 5th in America's top wealth advisors and it is no surprise he has caught this place for the past 2 years. It is important to remember that his profession was an investment banker and trader before moving into wealth management. He is however not isn't interested in diving deep into the business. The experience he gained as an investment banker and trader made him interested in the field of business.
Rank as per 2019: 5th rank
Assets: $13.70 Billion
Team Size: 9 members
Years of Experience: 30 years
Financial Planning: No
6. Richard Saperstein
Based in New York, Richard Saperstein has his independent investment advisor which registers names as Treasury Partners. He is the founding Principal and chief investment officer. He and his 21 professionals are committed to fulfilling financial needs like investments to planning the future with a large capital sum. Personalised goals are set for every single customer which lends many solutions to the questions of the clients. As far as Richard Saperstein and his team are concerned the client's interest is given the first interest.
Rank as per 2019: 11th rank
Assets: $16.42 Billion
Team Size: 26 members
Years of Experience: 38 years
Financial Planning: Yes, he does financial planning
7. Karen McDonald
Karen McDonald is one of the famous women financial advisors who has nearly 55,000 client households. She and her team concentrate on corporate services, ultra-high-net-worth and in financial planning. Working from Palo Alto, California, she and her team have been working with Morgan Stanley Wealth Management for approximately five years now.
Rank as per 2019: 6th rank
Assets: $91.50 Billion
Team Size: 15
Years of Experience: 40
Financial Planning: No
8. Jeff Erdmann
The founder and leader of The Erdmann Group, Jeff Erdmann has a good wealth management team based on the United States. He began his career in finance as an advisor in the year 1984, however, he is a self-build man who has been named as the number one in America's Top Wealth Advisors list of Forbes for consequently three the years in the row that is in 2016, 2017 and 2018. He has attained many recognitions and each one is a feather on his cap. The main concern of Jeff Erdmann and his team is to tailor a wide range of strategies to fit the needs of their highly successful clients.
Rank as per 2019: 7th rank
Assets: $9.71 Billion
Team Size: 30 members
Years of Experience: 35 years
Financial Planning: No
Conclusion
Overall, these are few people who represent the very profession of wealth advisors and stamp their identity overall throughout the world through hard work, determination, stability, perseverance and lots of teamwork with patience. For every wealth advisors "An investment in knowledge pays the best interest." and even a common man can relate to it.
Co-author: Akshaya Saravana Kumar
Akshaya is currently pursuing Masters in English Literature. She is an avid reader, an animal lover and a movie freak. She loves to spend her past time travelling to strange places in different time zones with her imagination and fall in love with fictional characters.
