MINNEAPOLIS--(BUSINESS WIRE)--For the second year in a row, Barron’s has named JNBA Financial Advisors’ CEO Richard S. Brown to its list of America’s Top 100 Independent Financial Advisors. JNBA, the only Minnesota firm to be named to the 2016 list, was ranked #69 this year, up from #88 in 2015.
“JNBA’s unwavering independence has been our hallmark since Richard’s mother founded the firm 37 years ago,” says JNBA President Kim Brown. “We are extremely proud to be recognized by Barron’s for the second year for our commitment to living our philosophy of independence as a Registered Investment Advisor. Always acting in our clients’ best interest is the heart and soul of our firm’s culture.”
Earlier this year, Richard Brown was ranked by Barron’s as one of Minnesota’s top financial advisors, making JNBA the top RIA in Minnesota for the second year. For the seventh consecutive year, the independent, 37-year-old firm was named to Barron’s list of the 1,200 top advisors in the country. And for the third consecutive year, the Financial Times named JNBA to its 300 Top Registered Investment Advisers (RIA) list, which recognizes top independent RIA firms from across the U.S. JNBA has also twice been named one of the nation’s top 100 independent wealth advisors by Barron’s and The Winner’s Circle, and Better Business Bureau of Minnesota and North Dakota named JNBA a winner of its 2015 BBB Torch Awards for Ethics.*
According to Barron’s, the ranking reflects the volume of assets overseen by the advisors and their teams, revenues generated for the firms, and the quality of the advisors’ practices. JNBA’s independent status allows the firm to customize investment strategies to individual client goals, which are implemented by an experienced team and disciplined process, including a review of each portfolio every 10 business days, says Kim Brown. JNBA’s dedication to client service and providing customized and integrated financial and investment strategies and solutions has contributed to its 96-percent client retention rate since it began tracking in 2001, and has fueled the firm’s continued growth through a challenging economic period. The company expanded to Duluth, Minn., in 2010.
Minneapolis-based JNBA Financial Advisors, Inc. is an independent fee-only wealth management firm specializing in customized financial strategies and goal-directed asset management for 37 years. Its advisory teams champion a team approach, reviewing client portfolios every 10 business days and driving the planning process, including strategy development and implementation with estate, tax, and risk professionals as appropriate. For more information, visit www.jnba.com.
*As seen in the 07/20/07, 07/11/08, 2/22/10, 2/21/11, 2/20/12, 2/18/13, 2/24/14, 2/23/15, 8/24/15, 3/7/16 and 8/29/16 issues of Barron's and in the 6/26/14, 6/18/15 and 6/16/16 issues of the Financial Times. As recognized by the Better Business Bureau of Minnesota and North Dakota for 2015. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA Financial Advisors, Inc. is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of JNBA Financial Advisors, Inc. by any of its clients. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized advisor. Rankings are generally limited to participating advisors. Barron’s is a trademark of Dow Jones & Company, Inc. All rights reserved.
The 2016 Financial Times 300 Top Registered Investment Advisors is an independent listing produced by the Financial Times (June, 2016). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. As identified by the FT, the listing reflected each practice’s performance in six primary areas, including assets under management, asset growth, compliance record, years in existence, credentials and accessibility. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.