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 on the 2022 Best-In-State Next-Gen Advisor list by Forbes. Sean was previously recognized on the list in both 2019 and 2020. Alex and Drew were honored in 2019, as well.

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 Methodology:

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 1,000 advisors across the nation, ranked state-by-state, born in 1983 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, spotlighting 1,485 advisors that collectively managed $1 trillion worth of client assets. Just three years later, this year’s advisor list has shrunk by almost a third to 1,000, with client assets under management nearly doubling to $1.8 trillion. SHOOK Research considered 3,513 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.