Savant Wealth Management Achieves Numerous Industry Recognitions in 2022

Savant received numerous industry recognitions in 2022, based on various quantitative and qualitative criteria, including assets under management, growth, client retention, and more.

Barron’s ranked Savant No. 33 in its list of the Top 100 RIA Firms of 20221… This annual ranking, published in September of 2022, weighed numerous factors in the rankings including technology spending, staff diversity, and succession planning. Advisors who wish to be ranked complete a survey about their practice, which Barron’s verifies with regulatory databases. Barron’s then applies a rankings formula to the data to generate the ranking. The formula features three major categories of calculations, including assets, revenue and quality of practice.

Savant ranked No. 13 in Financial Planning’s RIA Leaders 20222, which ranks the top 20 RIAs providing fee-only financial planning services. Financial Planning compiled its rankings from SEC Form ADV filings in July 2022. Financial Planning’s data partner, RIA in a Box, ranked RIAs based on these six criteria:

  • At least 50% of the firm’s clients must be individuals or high net worth individuals
  • Firms must not list commissions as a compensation arrangement
  • Firms must have more than zero financial planning clients
  • Firms must not list commission-taking businesses in “other business activities”
  • Firms cannot be affiliated under common ownership with commission-taking businesses

Financial Advisor, a leading financial trade publication, recognized Savant in its annual RIA rankings in August. Savant earned the No. 41 spot in the 2022 RIA Ranking3. The list includes nearly 540 RIAs throughout the U.S. In addition, Financial Advisor also named Savant No. 35 in its list of the 50 Fastest Growing RIAs in 20224. Financial Advisor’s RIA survey ranks firms based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC and provide financial planning and related services to individual clients. Firms must have at least $500 million in assets under management as of December 31, 2021 to be included in the print edition of Financial Advisor magazine’s 2022 RIA survey. This methodology also applies to the 50 Fastest Growing Firms list.

In August, InvestmentNews recognized Savant in its list of Top Fee-Only RIAs in 20225, earning the No. 22 spot. The ranking includes 50 of the top RIA firms in the country and is based on the data each firm reports on its form ADV to the SEC. Firms must also meet 10 specific criteria, including providing investment advisory services to clients during the most recent fiscal year, not being actively engaged in business as a broker-dealer, and not receiving commissions.

Accounting Today recognized Savant in its annual Top Wealth Magnet list, which ranks by AUM 150 CPA financial planners throughout the nation6. Savant earned the No. 2 spot and is part of the “$1B-Plus Club.

1 2022 Barrons Top 100 RIA Firms: This annual ranking published in September of 2022 tabulated by Barrons includes Advisors who wish to be ranked and complete a survey about their practice, which Barron’s verifies with regulatory databases. Barron’s then applies a rankings formula to the data to generate the ranking. The formula features three major categories of calculations, including assets, revenue and quality of practice. Savant did not pay a fee to participate.

2 2022 Financial Planning RIA Leaders: This annual ranking published in October of 2022 was tabulated by RIA in a Box. Rankings were compiled from SEC Form ADV filings in July 2022. Savant did not pay a fee to participate.

3 2022 Financial Advisor RIA Ranking: This annual ranking published in August of 2022 was tabulated by Financial Advisor who ranks firms based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. Firms must have at least $500 million in assets under management as of December 31, 2021 to be included in the print edition of Financial Advisor magazine’s 2022 RIA survey. Savant did not pay a fee to participate.

42022 Financial Advisor Top 50 Fastest Growing Firms: This annual ranking published in August of 2022 was tabulated by Financial Advisor who ranks firms based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. Firms must have at least $500 million in assets under management as of December 31, 2021, to be included in the print edition of Financial Advisor magazine’s 2022 RIA survey. Savant did not pay a fee to participate.

52022 InvestmentNews Top Fee-Only RIAs: This annual ranking published in August of 2022 was tabulated by InvestmentNews who ranked 50 firms based data on each firm’s SEC ADV filings. Firms must also meet 10 specific criteria, including providing investment advisory services to clients during the most recent fiscal year, not being actively engaged in business as a broker-dealer, and not receiving commissions. Savant did not pay a fee to participate.

6 2022 Accounting Today Top Wealth Magnet: This annual ranking was published in May of 2022 with data provided by Accounting Today and Audit Analytics. Firms were ranked by AUM provided in survey by each firm. Savant did not pay a fee to participate.


Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, or any amount of prior experience or success, should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Savant is engaged, or continues to be engaged, to provide investment advisory services. Unless expressly indicated to the contrary, Savant did not pay a fee to be included on any such ranking. No ranking or recognition should be construed as a current or past endorsement or testimonial of Savant by any of its clients.

About Savant Wealth Management

Savant Wealth Management is a leading independent, nationally recognized, fee-only firm serving clients for over 30 years. As a trusted advisor, Savant Wealth Management offers investment management, financial planning, retirement plan and family office services to financially established individuals and institutions. Savant also offers corporate accounting, tax preparation, payroll and consulting through its affiliate, Savant Tax & Consulting.

Media Inquiries

Contact

©2023 Savant Capital, LLC dba Savant Wealth Management. All rights reserved.

Savant Wealth Management (“Savant”) is an SEC registered investment adviser headquartered in Rockford, Illinois. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy, including the investments and/or investment strategies recommended and/or undertaken by Savant, or any non-investment related services, will be profitable, equal any historical performance levels, be suitable for your portfolio or individual situation, or prove successful. Please see our Important Disclosures.