Fairway Wealth Management is proud to announce it has been named to the Forbes/Shook list of the Top RIA Firms nationwide. After 23,100 invitations to participate and over 18,000 telephone interviews, the ranking names the top 250 Registered Investment Advisors (RIAs) in the country.
“It is an honor to be recognized on this prestigious national list”, said CJ Avarello, Fairway partner and senior wealth manager. “While many of these rankings are based on simple quantitative criteria such as asset under management, the Forbes ranking is much broader, also assessing areas such as the client experience, firm compliance, team environment, community involvement and firm management. I take great pride in being part of a such a well-rounded organization whose primary focus is providing objective counsel and high-touch service to our clients every day.”
Fairway Wealth Management is an independent RIA based in Independence, Ohio. With roughly $1.8 billion in assets under management, the firm is a fiduciary advisor that serves the complex needs of wealthy families, helping them enjoy their wealth…in lifestyle, legacy and peace of mind.
The Forbes ranking of America’s Top RIA Firms, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual and in-person due diligence interviews, and quantitative data. The algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data.
The rankings were published October 10, 2023. Data compiled by SHOOK® Research, LLC based on time period from 3/31/22-3/31/23. Neither Forbes nor SHOOK receive a fee in exchange for rankings. Fairway Wealth Management did not pay a fee for placement on Forbes Rankings.
The full Forbes rankings and award methodology information are available here