Timothy Davis, CFP® Named to the 2023 200 Fast Growing Advisors to Watch List
BOSTON, June 23, 2023 /PRNewswire/ -- Timothy Davis, CFP®, Partner, Executive Managing Director and Wealth Manager at Steward Partners, and founder of Davis Executive Wealth Management Group at Steward Partners has been recognized by AdvisorHub.
Tim secured the #51 spot on AdvisorHub's 2023 200 Fast Growing Advisors to Watch List, which showcases the 200 fastest-growing wealth management practices in the United States. This recognition is a testament to his professionalism and ability to bring in new clients and assets. Earlier this year, Tim was also named to the Forbes 2023 List of Best-In-State Wealth Advisors.
Participation in the 200 Fast Growing Advisors to Watch List is open to all firms and advisors, making Tim's achievement even more noteworthy. Nominees were required to possess a minimum of seven years of experience, maintain a minimum of $100 million in assets under management (AUM), and uphold a clean regulatory record. The ranking process focused on three crucial categories: scale, growth, and professionalism.
The scale category evaluated the size and profitability of the business, taking into account factors such as staffing, clientele, and overall practice sophistication. Tim's practice stood out due to its size, profitability, and exceptional business acumen.
In the growth category, AdvisorHub considered the year-over-year change in assets, households, and production. Tim's practice has experienced an impressive growth rate of 92.96% over the past three years. Emphasizing organic growth over mergers and acquisitions, the ranking process also factored in market conditions. Tim's practice, Davis Executive Wealth Management Group, which led all Steward Partners' firms in revenue growth last year, demonstrated aggressive growth, independent of its size, highlighting his ability to adapt and excel in a dynamic market environment. The professionalism category assessed Tim's regulatory record, community involvement, and the overall makeup of his team. AdvisorHub recognizes the importance of ethical conduct, positive contributions to the industry and community, and inclusive hiring practices. Tim's practice exemplifies these qualities, cementing his position as a true professional and leader within the wealth management industry.
For media inquiries or to learn more about Timothy Davis's wealth management practice, please contact:
Timothy Davis, CFP® at (617) 377-4418 or [email protected].
About Steward Partners Global Advisory
Securities and investment advisory services are offered through Steward Partners Investment Solutions, LLC, registered broker/dealer, member FINRA/SIPC, and SEC registered investment adviser. Investment Advisory Services may also be offered through Steward Partners Investment Advisory, LLC, an SEC registered investment adviser. Steward Partners Investment Solutions, LLC, Steward Partners Investment Advisory, LLC, and Steward Partners Global Advisory, LLC are affiliates and separately operated.
Steward Partners Media Contact:
Michaela Morales
JConnelly
[email protected]
973.224.7152
About AdvisorHub
AdvisorHub is a leading online resource and community for financial advisors, providing news, insights, and industry information to support advisors in their professional growth and success. The Fast-Growing Advisors to Watch List is an annual recognition that celebrates advisors who have demonstrated exceptional growth and professionalism within the wealth management industry.
Source: AdvisorHub.Com. AdvisorHub 200 Fastest Growing Advisors to Watch ranking was developed by AdvisorHub and is based on Scope of practice measured by assets, production and level of service; Growth of practice consisting of year over year growth in assets, households and production; and lastly, Professionalism which includes regulatory record, community service and team diversity. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of AdvisorHub and are not indicative of future performance or representative of any one client's experience. These advisors won by bringing in new clients, increasing assets and boosting production. Participation is open to all firms and advisors. Nominees are required to have a minimum of seven years experience, $100m minimum AUM, and a clean regulatory record. Using data on assets, households, and production, we rank advisors on three categories: scale, growth, and professionalism.
Scale, is the traditional metric used in most rankings. It's essentially the size of the business and its profitability. We also considered staffing, clientele, and several other factors. This in aggregate provides a snapshot of the size and sophistication of a practice. Neither Steward Partners Investment Solutions, LLC nor its Wealth Managers pay a fee to AdvisorHub in exchange for the ranking. For more information, see www.AdvisorHub.com.
Source: Forbes.com Forbes Best-in-State Wealth Advisors ranking was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of SHOOK Research, LLC and are not indicative of future performance or representative of any one client's experience. Neither Steward Partners Investment Solutions, LLC nor its Wealth Managers pay a fee to Forbes or SHOOK Research in exchange for the ranking. For more information, see www.SHOOKresearch.com.
SOURCE Steward Partners Global Advisory Group
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