Capstone Named to Financial Advisor Magazine’s 2023 RIA Ranking
Capstone Financial Advisors is pleased to announce that we have been named to Financial Advisor Magazine’s 2023 RIA Ranking, which lists the top Registered Investment Advisor firms in the country. Capstone has been ranked #230 out of the 521 firms included in the survey.
"We are honored to have been selected as one of the top registered investment advisory firms in the nation by Financial Advisor Magazine. This recognition is a testament to our commitment to providing exceptional client service and our dedication to growth," says Troy E. Bute, co-founder of Capstone Financial Advisors. "We are proud to be among the best in the industry and will continue to work hard to maintain our reputation as a top advisory firm."
This is the seventeenth annual ranking of independent advisory firms produced by Financial Advisors (FA) magazine. FA's RIA Ranking orders firms from largest to smallest, based on AUM reported by firms to the Securities and Exchange Commission (SEC).
For a link to the full ranking, please click here.
ABOUT THE RESEARCH PROCESS
RIA firms applied for consideration to be included in the 2023 Financial Advisor RIA Rankings. To be eligible for the ranking, firms must be independent RIAs that file their own Form ADV statement with the SEC and provide financial planning and related services to individual clients. There are no fees or other considerations required of RIAs that are included in the FA 2023 RIA Ranking.
ABOUT CAPSTONE FINANCIAL ADVISORS
Capstone Financial Advisors, headquartered in Illinois, was founded in 1999 and manages $1.825 billion in assets¹. Capstone provides customized financial planning and comprehensive wealth management services to high net worth individuals, families and institutions. As a fee-only, personal financial advisory firm, Capstone offers financial advice that is tailored to clients’ individual goals, risk tolerance and lifestyle needs.
Disclosures:
¹ $1.825 billion of regulatory assets under management (AUM) as of 12/31/2022. Regulatory AUM consists of securities portfolios for which continuous and regular supervisory or management services are provided.
The FA’s RIA Ranking is an independent listing produced annually by Financial Advisor magazine (July 2023).
FA 2023 RIA Survey & Ranking methodology: FA's RIA survey is a ranking based on assets under management at year-end of independent RIA firms that file their own ADV form with the SEC. FA's RIA ranking orders firms from largest to smallest, based on AUM reported to FA by firms that voluntarily complete and submit FA's survey by the deadline. FA verifies AUM by reviewing ADV forms.
FA 2023 RIA Survey & Ranking eligibility: 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. Corporate RIA firms and investment advisor representatives (IARs) are not eligible for this survey. A corporate RIA is a registered investment advisor most often formed by a broker-dealer that files an ADV with the SEC. Advisors who are affiliated with the broker-dealer or other entity's corporate RIA may offer investment advice. They are considered Investment Advisor Representatives (IARs) of the corporate RIA. All of the assets under management of the IARs are included in the corporate RIA's ADV filed with the SEC.
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 Capstone Financial Advisors is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Capstone Financial Advisors 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 adviser. Rankings are generally limited to participating advisers. Capstone Financial Advisors does not pay fees to be considered for any ranking or recognition.