Submitted by Atensia Dal Pra, Essex Financial
(October 14, 2024) — On October 8, 2024, SHOOK Research announced that Essex Financial has been selected as one of its Top Registered Investment Advisory Firms in the United States for 2024 by Forbes.
“We take great pride in being recognized by Forbes as one of the nation’s top Registered Investment Advisory firms for the third consecutive year. This incredible achievement is not just a reflection of our work, but a testament to the trust our clients have placed in us. We are truly grateful for their partnership and support, which drives us every day to provide exceptional service.
This recognition is a result of the hard work, dedication, and commitment of our financial advisors and our entire team. Each member has played a vital role in upholding our values and ensuring that we meet our client’s financial needs with the utmost care and diligence. We remain focused on providing highly personalized strategies and insights to help our clients achieve their goals.
We are incredibly thankful for the trust our clients place in us to manage their wealth and to assist them in planning for their financial future and life goals. Our commitment to providing exceptional service and tailored financial strategies remains our top priority. This recognition motivates us to continue to strive for excellence and to work tirelessly on their behalf,” 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 $3.7 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 and businesses in Connecticut and beyond.
