Financial Advisor Magazine’s annual ranking of large independent investment advisors listed Level Financial Advisors 470 out of 707 firms nationally, according to the publication’s July edition.
Querying thousands of firms throughout the U.S., Level posted 17.5% growth to $360 million in AUM (assets under management), marking the second year in a row the firm posted a +17% growth rate.
The firm has continued its 2017 trend with strong results in the first half of 2018. The company achieved a record $380 million in AUM in July.
“We continue working our strategic plan, which includes aggressive marketing, development of our CFP® professionals, and innovating our service offering and operations through technology,” said the firm’s Chief Operating Officer and Partner, Michael Heburn. “We are constantly looking for new ways to bring value to our clients and it shows in the results our team has achieved over the last three years.”
FA Magazine performs the annual survey as a means of measuring growth among independent advisors across the country. Firms must be registered investment advisors and provide financial planning and/or related services to individual clients. All firms must be either independently owned or a freestanding subsidiary of another business. Data is provided by each firm, mostly from numbers and information published on public disclosures, including assets under management.