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Advisors honored by Financial Times and Barron's

April 28, 2017
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Timothy Long
Timothy Long. Courtesy Merrill Lynch

Several West Michigan wealth management advisors have been honored by a pair of industry publications for their work in the field.

Merrill Lynch Wealth Management Grand Rapids’ Scott Bernecker, Timothy Long and David Lund, and Portage-based Todd Sanford of Sanford Financial Services were all named to the 2017 “Financial Times 400 Top Financial Advisers” ranking.

Long was also named to Barron’s “America’s Top 1,200 Financial Advisors” ranking, joined by Jim Veldheer of the Merrill Lynch Grand Rapids office and Bruce Johnson of Holland’s CapTrust.

Charles Zhang of Portage-based Zhang Financial was named the top advisor in the state by Barron’s.

Financial Times methodology

The “Financial Times 400” ranking is chosen based on surveys sent out to the largest brokerages in the nation, requesting practice information and data for their top advisors. Information was collected for advisors with more than 10 years of experience and more than $300 million in assets under management.

Advisors were chosen based on a formula that takes into consideration the following factors: assets under management; AUM growth rate; years of experience; compliance record; industry certifications; and online accessibility. Assets under management accounted for an average of 66 percent of the advisor’s score.

Barron’s methodology

Barron’s ranked the top 1,200 advisors in the country based on data provided by more than 4,000 of the nation’s most “productive” advisors.

The rankings take into consideration assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.

There are 30 advisors from Michigan included in the Barron’s ranking.

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