FT. LAUDERDALE, FL – April 26, 2022– Provenance Wealth Advisors, an independent office, today that Todd Moll, CFP®, CFA, is once again among the honorees on Forbes’ annual list of top financial advisors in the country for the fourth consecutive year.
The Forbes annual Best-In-State list spotlights more than 5,000 top advisors across the country who were nominated by their firms. SHOOK researched, interviewed and assigned a ranking within their respective states and markets. Nominees were vetted with stringent requirements to effectively represent financial industry role models for best practices and for providing high-quality client experiences.
PWA CEO and RJFS Financial Advisor Eric Zeitlin remarked, “Todd and his team continue to focus on having a positive impact on their clients’ lives with a holistic approach to income, estate, investment and business planning”
Moll is a director and chief investment officer of PWA. In addition, he heads the PWA investment committee and investment research team. With more than 30 years of experience in investment and financial planning, Moll is a leader in the organization and remains committed to providing clients a best-in-state experience.
For more than 20 years the Provenance Wealth Advisors team has provided comprehensive financial planning, estate planning and insurance services to entrepreneurs, professionals and business owners. Advisors of the firm have been recognized as leaders of the industry by Barron’s and Financial Times.
PWA has offices in Miami, Ft. Lauderdale, Boca Raton, West Palm Beach, Sarasota, Cincinnati and New York City.
The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 34,925 nominations, more than 6,550 advisors received the award. Please visit https://www.forbes.com/best-in-statewealth-advisors for more info.
Source: Awarded to Todd Moll, CFP®, CPA. Barron’s “Top 1,200 Financial Advisors,” March 2022. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved. The rankings are based on data provided by 6,186 individual advisors and their firms and include qualitative and quantitative criteria. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.
Source: Awarded to Todd A. Moll, CFP®, CFA. The Financial Times 400 Top Financial Advisors is an independent listing produced annually by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times (April 2020). To qualify for the list, advisers had to have 10 years of experience and at least $300 million in assets under management (AUM) and no more than 60% of the AUM with institutional clients. The FT reaches out to some of the largest brokerages in the U.S. and asks them to provide a list of advisors who meet the minimum criteria outlined above. These advisors are then invited to apply for the ranking. Only advisors who submit an online application can be considered for the ranking. In 2020, roughly 1,040 applications were received and 400 were selected to the final list (38.5%). The 400 qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, years of experience, industry certifications, and online accessibility. AUM is the top factor, accounting for roughly 60-70 percent of the applicant’s score. Additionally, to provide a diversity of advisors, the FT placed a cap on the number of advisors from any one state that’s roughly correlated to the distribution of millionaires across the U.S.
Investment performance is not an explicit component of these awards because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment picking abilities. These rankings are not indicative of an advisor’s future performance, are not an endorsement, and may not be representative of individual clients’ experience. Neither PWA Securities, LLC (PWAS) nor any of its Financial Advisors pay a fee in exchange for these awards/ratings. PWAS is not affiliated with Forbes, Shook Research, LLC., Barron’s, the Financial Times, Ignite Research, or Money-Media, Inc.
Updated February 5, 2024