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Awards & Rankings

MAI is the recipient of the following industry awards:

 

 

Additional information about awards and rankings:

In each case above, MAI responded to a survey from the sponsoring organization. In no case does MAI pay a fee to be considered for an award or to participate in rankings. Further, MAI is not required to be a subscriber to Barron's, Financial Times, Financial Advisor Magazine, Forbes or any other group to be included in their rankings or awards.

 

Barron's Top RIA Firms: In 2022, MAI placed 26th out of 100 firms listed (31st out of 100 firms in 2021, 36th out of 100 firms in 2020, 26th out of 50 firms in 2019, and 39th in 2018).  In order to be considered for the Barron’s, 2022 Top RIA Firms list, applicants were required to complete a 145 - question survey, with the firm’s ADV informing the majority of responses. Firms were also required to meet a number of other specified requirements to be eligible for inclusion. Firms were ranked based on various qualitative and quantitative factors, including assets managed, the size and experience of teams, regulatory records of the advisors and firms, technology spending, staff diversity, organic and M&A growth, client segmentation as well as succession planning. The number of total RIAs surveyed was not available at time of publication.

The Financial Times 300 Top Registered Investment Advisers is an independent listing produced by the Financial Times (July 2020). The FT 300 is based on data generated from RIA firms, regulatory disclosures, and the FT's research. The listing reflected each practice's performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility.  This award does not evaluate the quality of services provided to clients and is not indicative of the practice's future performance. Neither the RIA firms nor their employees pay a fee to the Financial Times in exchange for inclusion in the FT 300. Some 760 RIA companies applied and 300 made the final list. Financial Times presents the FT 300 as an elite group, not a competitive ranking of one to 300. Financial Times did not offer a survey to participate in the FT 300 list in 2021.

Financial Advisor Magazine Top Registered Investment Advisor & 50 Fastest Growing Firms: In 2021, MAI ranked 42nd out of 607 firms listed on Financial Advisor Magazine's Top Registered Investment Advisor list (45th out of 715 firms in 2020, 59th out of 683 in 2019, and 64th out of 707 in 2018). Financial Advisor’s RIA survey is a ranking based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. FA's RIA ranking orders firms from largest to smallest, based on AUM reported to them by firms that voluntarily complete and submit FA's survey by their deadline. Financial Advisor does its best to verify AUM by reviewing ADV forms. To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC and provide financial planning and related services to individual clients. Firms must have at least $500 million in assets under management as of December 31, 2020 to be included in the print edition of Financial Advisor Magazine's 2021 RIA survey. Firms with under $500 million will be included in FA's expanded 2021 online RIA survey.

Corporate RIA firms and investment advisor representatives (IARs) are not eligible for this survey. A corporate RIA is a registered investment advisor most often formed by a broker-dealer that files an ADV with the SEC. Advisors who are affiliated with the broker-dealer or other entity's corporate RIA may offer investment advice. They are considered Investment Advisor Representatives (IARs) of the corporate RIA. All of the assets under management of the IARs are included in the corporate RIA's ADV filed with the SEC.

In 2020, MAI MAI ranked 24th out of 50 firms on Financial Advisor Magazine's 50 Fastest Growing firms list. The methodology above also applies to this list which is created by comparing firms' year-end AUM to the previous year AUM based on the numbers reported on their survey. The number of total RIAs surveyed was not available at time of publication for either list.

Forbes Best-In-State Wealth Advisors: In 2022, Rick Buoncore ranked 8th out of 192 advisors listed in Ohio, Albie MacDonald ranked 5th out of 45 advisors listed in the Jacksonville Area, and Joan Malloy ranked 33rd out of 50 advisors in St. Louis (and in 2021, Rick Buoncore ranked 2nd out of 161 advisors listed in Ohio, 5th out of 131 advisors listed in Ohio in 2020, and 4th out of 210 advisors listed in Ohio in 2019). Forbes’ Best-In-State, developed by SHOOK Research, is based on an algorithm of qualitative criteria and quantitative data. Considered advisors have a minimum of seven years experience, and the algorithm weighs 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 criterion due to varying client objectives and lack of audited data. Research summary (as of April 2022): 34,925 nominations received based on high thresholds and qualifications, 19,640 invited to complete online survey, 14,476 telephone interviews, 2,657 in-person interviews at advisors' location, and 1,311 web-based interviews.

Forbes Top Next-Gen Wealth Advisors: In 2021, Andrew Meyer ranked 497th out of 500 advisors listed. The Forbes Next-Gen Wealth Advisors rankings, developed by SHOOK Research, is based on an algorithm of qualitative criterion, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of four years' experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass the highest standards of best practices. 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. 3,389 individuals were considered for the Next-Gen ranking. For more information on the methodology for this ranking click here.

Forbes America's Top Wealth Advisors: In 2019, Rick Buoncore ranked 140th out of 250 advisors listed and in 2018, he ranked 109th out of 250 advisors listed. 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 experience, and the algorithm weighs 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 criterion due to varying client objectives and lack of audited data.

Barron’s Top Advisor by State: In 2021, John Palguta ranked 11th out of 30 advisors listed in Ohio. In 2018, Rick Buoncore ranked 7th out of 30 advisors listed in Ohio. The rankings are based on data provided by around 4,000 of the nation's most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn't an explicit component 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. The rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help investors narrow a search. Every advisor will have his or her own approach to investing, financial planning and other services. Clients are encouraged to approach a search for an advisor the way they would a search for a doctor—interviewing multiple professionals and getting opinions from multiple third parties. The number of total advisors surveyed was not available at time of publication.

Barron's Top 100 Independent Wealth Advisors: In 2017, Rick Buoncore ranked 68th out of 100 advisors listed (70th in 2016, 95th in 2015, and 97th in 2014). The ranking reflects the volume of assets overseen by the advisors and their teams, revenues generated for the firms and the quality of the advisors' practices. The scoring system assigns a top score of 100 and rates the rest by comparing them to the winner. The number of total advisors surveyed was not available at time of publication.

 

Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance results. These rankings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client's evaluation.