Forbes – Best-In-State Next-Generation Wealth Advisors
Cassaday & Company, Inc., is honored to announce that Partners Sean Gallahan, CFP®, CMFC®, Alex Karkeek, CFP®, CMFC®, and Andrew Malay, CFP®, CMFC®, have been recognized by Forbes as 2023 Best-In-State Next-Gen Advisors.
According to Forbes, this list “spotlights the next generation of American financial advisors who are poised to make waves in the industry” and “showcases the future of the wealth management industry at a time when advisors are helping clients through volatile markets amidst inflation and worries of an impending recession.”
The Forbes Next-Gen Wealth Advisors ranking, developed by SHOOK Research, is based on an algorithm of qualitative criterion—mostly gained through telephone and in-person due diligence interviews—and quantitative data. The ranking highlights advisors across the nation, ranked state-by-state, born in 1984 or later. Decisions are made based on a proprietary algorithm of qualitative and quantitative criteria, including:
- In-person interviews
- Industry experience
- Compliance records
- Revenue produced
- Assets under management
By the Numbers:
The Forbes Best-In-State Next-Gen list debuted in 2019. The 2023 ranking spotlights 1,464 advisors that collectively manage $2.5 trillion. SHOOK Research considered 3,738 advisors nationwide for this year’s Next-Gen ranking.
Cassaday & Co. is honored that Sean, Alex, and Drew have been recognized on this year’s list. This recognition is a testament to their tremendous commitment to their clients. The continued confidence and trust that our clients place in Cassaday & Co. is the reason we are able to be recognized as a leader in the wealth management industry. We are proud of these distinctions but are even prouder to be able to offer high-quality, personalized service to our clients and their loved ones.
Sean has been recognized by Forbes as a Best-In-State Next-Gen Advisor in 2019, 2020, 2022, and 2023. Alex and Drew have been honored in 2019, 2022, and 2023.
Forbes/SHOOK America’s Top Next-Generation Best-In-State Wealth Advisors (2023) – This list was developed by SHOOK Research. Advisors considered for this ranking were born in 1984 or later with a minimum 4 years relevant experience; advisors have: built their own practices and lead their teams; joined teams and are viewed as future leadership; or a combination of both. Ranking algorithm is based on qualitative measures: telephone and in-person interviews, client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: assets under management and revenue generated for their firms. Investment performance is not a criteria because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of SHOOK Research, LLC and not representative nor indicative of any one client’s experience, future performance, or investment outcome. Neither Forbes nor SHOOK Research receives compensation in exchange for placement on the ranking. Rankings and recognition from Forbes are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement of the advisor.