Brown and JNBA appear on list as Minnesota’s top independent Registered Investment Advisor
MINNEAPOLIS–(BUSINESS WIRE)–#award–Richard S. Brown, CEO of JNBA Financial Advisors, has been named to the Forbes 2019 Top Wealth Advisors List, which includes 250 of the nation’s leading advisors. Brown is ranked 151st nationwide. He was also named one of Minnesota’s top three financial advisors, appearing on the list as the state’s top independent Registered Investment Advisor (RIA).
This is the second year Brown has been named to the prestigious list, which was compiled from more than 30,000 nominations. An independent firm, Shook Research, evaluated nominees based on quantitative data and qualitative criteria gained through due-diligence interviews. Factors included everything from how the advisors exhibit best practices in their approach to working with clients and within their practices, assets under management, compliance records, revenue trends, and industry experience.
“This recognition is a testament to the entire team at JNBA Financial Advisors,” says Brown. “Every day our people work extremely hard to bring our advice driven by advocacy™ approach to life. That overriding philosophy – to always act in our clients’ best interests – is as integral to our success today as it was when we opened our doors 40 years ago.”
JNBA’s fiercely independent status allows the firm to customize investment strategies to individual client goals, which are implemented by an experienced team and disciplined process, including a review of each portfolio every 10 business days. JNBA’s dedication to being an advocate for its clients, employees, and community has fueled the firm’s continued growth, including opening an office in Duluth, Minn., and its expansion of family office services, a contemporary model that provides fiduciary oversight and services — from strategy to implementation — for busy, high-net-worth families who are looking to simplify their financial lives, whether they’re C-level executives, business owners, high-profile professional athletes, or other types of families with significant wealth. JNBA has posted a more-than-97-percent client-retention rate since tracking began 2001, and its business is continuing to grow and thrive with nearly $1 billion in assets under management today. The firm is celebrating its 40th anniversary in 2019.
JNBA was also recently named to the Financial Times Top 300 Registered Investment Adviser for the fifth year, and for the third consecutive year, Brown was ranked by Barron’s as one of Minnesota’s top two financial advisors, appearing on the list as the state’s top independent Registered Investment Advisor (RIA). Also, for the 10th consecutive year, the independent firm has been named to Barron’s list of the 1,200 top advisors in the country.*
ABOUT JNBA
Minneapolis-based JNBA Financial Advisors is an independent fee-only wealth management firm driven to deliver a higher standard of comprehensive planning, asset management, and life enrichment by providing customized financial strategies with an advice driven by advocacy™ approach. As a four-decade old firm, its advisory structure leverages a team approach, reviewing client portfolios every 10 business days and driving the planning process, including strategy development and implementation with estate, tax, and risk professionals as appropriate. For more information, visit www.jnba.com.
* As recognized on 9/10/19 & 9/10/18 on Forbes website. Also the 6/26/14, 6/18/15, 6/16/16, 6/28/18, & 6/27/19 issues of Financial Times and as seen in the 07/20/07, 07/11/08, 2/22/10, 2/21/11, 2/20/12, 2/18/13, 2/24/14, 2/23/15, 8/24/15, 3/7/16, 8/29/16, 3/6/17, 9/18/17, 3/12/18, 9/17/18, & 3/11/19 issues of Barron‘s magazine. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA Financial Advisors, Inc. is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of JNBA Financial Advisors, Inc. by any of its clients. Rankings published by magazines and others, generally base their selections exclusively on information prepared and/or submitted by the recognized advisor. Rankings are generally limited to participating advisors. Barron’s is a trademark of Dow Jones & Company, Inc. All rights reserved.
The 2014/2015/2016/2018/2019 Financial Times 300 Top Registered Investment Advisors is an independent listing produced by the Financial Times. The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FTs research. As identified by the FT, the listing reflected each practice’s performance in six primary areas, including assets under management, asset growth, compliance record, years in existence, credentials and accessibility. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.
JNBA’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including providing the criteria used for any referenced ranking.
Contacts
Brian Bellmont, Bellmont Partners
(612) 255-1113, [email protected]
