Financial Advisor Magazine – Top RIA
Cassaday & Company, Inc., has been ranked a Top RIA by Financial Advisor for 2022. This is the firm’s eleventh year on the list. The independent advisor channel continues to grow, and Cassaday & Co is especially proud to be recognized as part of this elite and competitive group.
The Future is Now
“The world can remain stuck in place for a decade and change more in one year than the past 10. The [Covid-19] pandemic served as an accelerant for all the major trends influencing the RIA business for the decade – mergers and acquisitions, expanding use of technology and flex-time work,” says Eric Rasmussen of FA Mag. “With their lives destabilized by the pandemic, clients have become more demanding about holistic advice. That means firms have had to add services to make their relationships stickier,” Eric continued.
The Covid-19 pandemic prompted people to rethink their lives, careers, and financial futures and ask themselves what really matters. An influx of these investors are seeking out advisors to assist with their goals, and the independent advisory channel is seeing growth as a result. Cassaday & Co has adapted to this new demand by continuously adding to our in-house suite of services for our clients. Most recently, the firm has incorporated estate planning, tax services, and life-transitions departments in our goal to be a one-stop source for our clients’ financial needs.
Why is the independent advisory channel growing?
As reported in Financial Advisor Magazine, investors are developing a better understanding and appreciation for the inherent fiduciary nature of the RIA model.
RIAs have more flexibility to find investments, and thus a greater ability to put clients’ needs ahead of their own.
Cassaday was founded in 1993, before the independent advisory model became popular. After 16 years of holding senior and management positions with several major New York Stock Exchange member firms, Steve Cassaday went against the grain to found Cassaday in order to provide investors objective, personalized advice in a small-firm setting, but with big-firm capabilities. It is imperative to us that we uphold our founding principles, and that clients never feel like they are just a number.
To view the full 2022 ranking list, click here.
To view the full article from Financial Advisor, click here
*FA Magazine – Financial Advisor Magazine used discretionary and non-discretionary assets under management as reported on Form ADV to compile their RIA rankings. Cassaday & Company did not pay a fee in exchange for inclusion on this list. More information can be found at http://www.fa-mag.com/research/ria-survey. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results.