Essex Financial honored for second consecutive year by being named to the Forbes 2023 Top RIA List
ESSEX, CT- On October 10, 2023, SHOOK Research announced that Essex Financial has been selected as one of its Top Registered Investment Advisory Firms in the United States for 2023 by Forbes.
“We are honored to be recognized among the nation’s top Registered Investment Advisory firms for the second consecutive year by Forbes. This achievement is a wonderful reflection of our financial advisors and our entire team’s unwavering commitment to our clients’ financial well-being and our relentless work on their behalf. We look forward to continuing to provide innovative and personalized financial solutions that empower our clients to achieve their financial goals,” stated Chuck Cumello, President and CEO of Essex Financial.
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. Neither Forbes nor SHOOK receive a fee in exchange for rankings.
Since 2003, Essex Financial has distinguished itself by providing value to its clients through a hands-on, highly personalized approach to their wealth management and financial planning needs. Today, it is one of the largest independent Registered Investment Advisory firms in Connecticut with $3.2 billion in assets under management or administration. Essex Financial operates as a subsidiary of Essex Savings Bank, with twenty financial advisors and office locations in Essex, Farmington, Madison and Southport, providing comprehensive financial planning and wealth management services to more than 2,700 households & businesses in Connecticut and beyond.
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Investment Advisory Services offered through Essex Financial Services, Inc., a Registered Investment Advisor. A subsidiary of Essex Savings Bank. The securities and insurance products offered through Essex Financial Services, Inc., are not a deposit of, or other obligation of, or guaranteed by any bank, or an affiliate of any Bank, are not insured by the FDIC or any other agency of the United States, the Bank or an affiliate of the bank and involve investment risk, including the possibility of loss of the principal amount invested.
Securities offered through The Leaders Group, Inc., Member FINRA/SIPC, 26 West Dry Creek Circle, Suite 800, Littleton, CO 80120. (303) 797-9080. Essex Financial and Essex Savings Bank are not affiliated with The Leaders Group, Inc.