Monument Wealth Administration is proud to announce that our very personal Jessica Gibbs, CFP® and Emily Harper, CFP® have each been ranked by Forbes as High Girls Advisors within the State of Virginia for 2025!
“As an advisor, I feel rather a lot about serving to Monument’s purchasers greatest navigate their distinctive paths. It’s a privilege to obtain this recognition as a result of it reaffirms that the trail I selected—to turn into a monetary planner—continues to be a satisfying and significant journey for me. Nevertheless, the actual delight comes from serving to others open the door to what’s doable,” mentioned Jessica.
This announcement comes on the heels of our earlier recognition as Forbes Girls Wealth Advisors Greatest-In-State 2023, Forbes High Subsequent Gen Wealth Advisors Greatest-In-State, and Northern Virginia Journal’s High Monetary Professionals.
That is Emily Harper’s first time rating on this Forbes checklist, an honor meaning rather a lot to her personally and professionally. Emily was additionally lately voted one in all Northern Virginia’s High Monetary Professionals in 2023 by Northern Virginia Journal.
“Working with our purchasers and their households to think about ‘what’s doable’ and advising them on find out how to make these potentialities a actuality is one thing that brings me pleasure. It’s an honor to take part in our purchasers’ lives in such a significant method and construct shared success. I’m happy with this recognition and the good work we do at Monument as a staff – I’m only one a part of this group of sensible gifted professionals that ship for our purchasers!” mentioned Emily.
As a agency that locations a concentrate on supporting girls and our subsequent era of leaders, we’re thrilled to hitch Jessica and Emily in celebrating this well-earned accomplishment.
Forbes’ checklist was compiled by SHOOK Analysis, which is predicated on an algorithm of qualitative information, realized by way of surveys and interviews carried out by phone, in-person and nearly to judge greatest practices, similar to service fashions, investing fashions and compliance information in addition to quantitative information, similar to income tendencies and belongings underneath administration.
SHOOK Analysis goals to create rankings of function fashions—advisors which are main the best way in providing greatest practices and offering a high-quality expertise for purchasers. All advisors have a minimal of seven years’ expertise. Portfolio efficiency is just not a criterion because of various consumer goals and lack of audited information. Neither Forbes nor SHOOK obtain a payment in trade for rankings. SHOOK accepts advisors who meet pre-determined minimal thresholds and acceptable compliance information.
Jessica and Emily have been ranked #53 and #54 within the State of Virginia
Extra Concerning the SHOOK Analysis Methodology
SHOOK is just not a “robo-ranker.” To make sure high quality of their analysis, SHOOK collects each qualitative and quantitative information for his or her rating algorithm.
Qualitative information is collected by way of in-person, digital and phone due diligence conferences to judge every advisor. This contains consumer influence, trade expertise, assessment of greatest practices and compliance information, and agency nominations. Quantitative information can also be collected together with belongings underneath administration and income generated.
The Course of
As a part of the appliance course of, our advisors’ info is submitted into the SHOOK system. Our advisors periodically assessment and replace the data within the database, and SHOOK makes use of this info to pick out its nominees annually.
The next describes the necessities and metrics used of their rating algorithm:
Primary Necessities for High Girls Wealth Advisors
- 7 years as an advisor
- Minimal 1 12 months at present agency, with exceptions similar to acquisitions
- Advisor have to be really helpful, and nominated, by their agency
- Completion of a web-based survey
- Enterprise that’s carried out with people is evaluated
- Acceptable compliance file
Quantitative Metrics
- Weightings assigned for each income and manufacturing information
- Property underneath administration—and high quality of these belongings—each custodied and a scrutinized take a look at belongings held away
- Shopper-related information, similar to retention
- Portfolio efficiency is just not an element
Qualitative Metrics
- Phone, digital and in-person conferences with advisors
- Compliance information and U4s
- SHOOK measures consumer “influence,” a proprietary indicator that measures distinction advisors make within the lives of their purchasers
- Advisors that present a full consumer expertise together with service mannequin, investing course of, payment construction, breadth of companies
- Credentials (years of service can function proxy)
- Use of staff and staff dynamics
- Neighborhood involvement
- Discussions with administration, friends, competing friends
- Phone, digital and in-person conferences
- Rating Algorithm
As described on their web site, the algorithm is designed to pretty evaluate the enterprise practices of a big group of advisors based mostly on quantitative and qualitative parts. Knowledge are weighted to make sure priorities are given to dynamics similar to most popular “greatest practices,” enterprise fashions, latest enterprise exercise, and so forth. Every variable is graded and represents a sure worth for every measured element. This information is fed into an algorithm that measures hundreds of advisors in opposition to one another.
For all the particulars on the methodology utilized by SHOOK Analysis, click on right here.
Untapping Wealth Potential: Aligning Cash with Which means
It’s actually an honor to be acknowledged by Forbes. As a registered funding advisor (RIA) that operates as a fiduciary, it’s our purchasers’ opinions that really matter. Try our Google Evaluations to examine our purchasers’ experiences, in their very own phrases. Our mission is to not solely assist individuals untap their potential for wealth, however their potential for residing. And after we’ve completed that, that’s the mark of actual success!
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