With our annual rankings, Financial Planning recognizes the industry’s top producing young advisors among regional firms.
The 2021 edition of the Top 40 Advisors Under 40 includes a separate ranking for advisors who work with firms like Ameriprise; RBC; Baird; Oppenheimer & Co.; Janney Montgomery Scott; Raymond James; and Alex. Brown, a division of Raymond James. It’s the second year of naming a group of 40 regional BD advisors, up from 10 and 25, respectively, in previous editions.
This year’s group of the Top 40 Regional BD Advisors Under 40 collectively generated more than $88 million in annual revenue while overseeing nearly $15 billion in assets under management. Ameriprise had the most representatives in the Top 40 among regional BDs, at 12 advisors, followed by Raymond James with eight, RBC with seven and Baird with six.
Please scroll down to see this year’s rankings.
Find three other pieces of Top 40 content elsewhere on our website: To see Nos. 21-40 in the regional BD advisor rankings, click here; For the overall rankings among employee advisors of all firms, see Nos. 21-40 here and Nos. 1-20 here.
First, an important note on methodology: Nominees for the rankings were 39 or younger as of Dec. 31, 2020, and were registered with an advisory firm in the non-wirehouse employee channel. Production totals were used to determine the rankings. Nominees’ information was confirmed with their employers.
Production and AUM figures are as of Sept. 30, 2020.