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Four MAI Capital Advisors Named Best-In-State Wealth Advisor by Forbes

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Four MAI Capital Advisors Named Best-In-State Wealth Advisors by Forbes

 

April 19, 2022 – MAI is pleased to highlight that four MAI advisors were named 2022 Best-In State Wealth Advisors by Forbes. Those recognized include Managing Partner Rick Buoncore, Wealth Management Group Head Albie MacDonald, Regional President Joan Malloy, and Regional President Patrick Gingras (who was named under his former firm Brenton Point Wealth Advisors).

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 approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data.

MAI remains committed to our clients and are focused on our mission to deliver quality service and advice to help clients navigate their financial lives.

To view this year’s list, please visit: https://www.forbes.com/best-in-state-wealth-advisors

 

In the 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 Forbes to be included in their rankings or awards.

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, Joan Malloy ranked 33rd out of 50 advisors in St. Louis, and Patrick Gingras ranked 24th out of 118 advisors in Connecticut in the “High Net Worth” category. 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.

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.

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