Dec 06, 2019
Meritage named as CNBC Top 100 Financial Advisor
Meritage Portfolio Management is pleased to share that the firm has been named to the 2019 Top 100 Financial Advisory Firms in the nation – CNBC FA 100. The list was selected from more than 1,000 qualifying financial advisory firms using a proprietary methodology developed by CNBC in partnership with data provider AccuPoint Solutions.
Unlike some rankings that focus primarily on assets under management, asset growth, or recent performance, the CNBC approach blends a broader mix of firm attributes, such as years in business, average account size, total accounts under management, number of investment advisors, disclosures, the ratio of investment advisors to total number of employees and discretionary assets under management, and total AUM.
“It is always gratifying to be recognized among your peers,” says Meritage Principal, James Klein, CFA. “We see our strong ranking (#49) as affirmation of our people, our processes, and how we’ve gone about our daily commitment to take care of our clients for 28 years.”
Meritage CEO, Mark Eveans, CFA adds “It is impressive to see the number of years behind the firms that populate this list. While our industry and the investment environment are undergoing constant change, firms like ours that have gone through multiple market cycles will be able to make a real difference for their clients.”
According to CNBC, “Given the increased complexity of our financial lives, investors are seeking more guidance and education regarding income investment planning. Over the next 25 years, the U.S. will see the biggest generational wealth transfer with 45 million households passing $68 trillion to their children. The top-ranked advisory firms on the CNBC FA 100 list are using consumer-focused strategies, which helps advisors serve their client’s children, to further connect with their clients.”
Meritage’s boutique approach is structured to understanding the individual circumstances of each of their clients. Their high touch client service model from credentialed investment professionals is particularly conducive to interacting with multiple generations in an advisory and educational capacity. The Overland Park firm manages $1.7 billion for individuals, families, foundations, and corporations.