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Seventy2 Capital Named in Forbes 2023 Best-In-State Wealth Management Teams
News provided byEIN Presswire
Jan 24, 2023, 8:53 AM ET
BETHESDA, MARYLAND, UNITED STATES, January 24, 2023 /EINPresswire.com/ -- Seventy2 Capital Wealth Management, a client-centric, independent wealth management practice headquartered in the Washington-Baltimore region, announced today that they were ranked as the sixth top firm in Maryland in the Forbes 2023 Best-In-State Wealth Management Teams list.
Co-Founder and Partner Tom Fautrel was quoted saying “We are so proud to rank within the top ten wealth management teams in Maryland. Our team members have worked hard to provide the best possible service to our clients, and it is an honor to be recognized for our efforts in client experience and success.”
The Forbes/SHOOK Best-In-State Wealth Management Teams list considers both quantitative and qualitative data to rank teams that have proven track records of success – even with the economic slowdown, inflation, and interest rate hikes seen over the last year. Quantitative data includes revenue trends, assets under management, and headcounts. Qualitative data, primarily collected through interviews, includes best practices such as service models, investing process, team structure, skill sets, and compliance records.
Despite a difficult market, Seventy2 Capital had a strong year. They grew their practice from 36 to 56 team members in 2022, opening new offices in McLean and Leesburg, Virginia and expanding in Hunt Valley and Bethesda, Maryland. Additionally, they were named on the inaugural Forbes Top Wealth Management Teams – High Net Worth list, ranking within the top 100 teams in the country.
View the Best-In-State Wealth Management Teams list on Forbes.com.
About Seventy2 Capital
Seventy2 Capital is an independent, private client practice headquartered in Bethesda, MD. With hundreds of years of combined experience at some of Wall Street's largest firms, advisors specialize in addressing the unique needs of Fortune 500 executives, successful individuals and families, and small to medium-sized businesses. Seventy2 Capital's commitment to maintaining the highest standards of care and professionalism has earned its advisors some of the most advanced designations including the CFA(R), CIMA(R), CFP(R), CAIA(R), and national industry awards. Visit Seventy2 Capital.
About Wells Fargo Advisors Financial Network
For 20 years, Wells Fargo Financial Network, the independent brokerage arm of Wells Fargo & Company, has simplified independence by partnering with successful financial advisors and fostering a mutual passion for doing what's right for clients.
Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. WFAFN uses the trade name Wells Fargo Advisors. Any other referenced entity is a separate entity from WFAFN. www.wfafinet.com.
About Forbes Best-In-State Wealth Management Teams
The Forbes Best-in-State Wealth Management Teams rating algorithm is based on the previous year’s industry experience, interviews, compliance records, assets under management, revenue and other criteria by SHOOK Research, LLC, which does not receive compensation from the advisors or their firms in exchange for placement on a rating. Investment performance is not a criterion. Self-completed survey was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria.