FormulaFolios has received another honor for its performance in the financial advice industry, placing 62nd on Barron’s 2020 Top 100 RIAs list.

First published in 2004, Barron’s annual advisor rankings are calculated based on a survey submitted by each firm that wants to be considered. Each firm is ranked based on assets, revenue, quality of practice, plus, as of 2020, technology spending, staff diversity and succession planning. For 2020, Barron’s also expanded the list from 50 to 100 entries.

“This ranking is just the latest endorsement of the work we’re doing to help our advisors and their clients succeed, especially in today’s challenging environment,” said Jason Crump, Vice President of Relationship Management. “Knowing that our efforts are resonating with industry watchers only motivates us to work harder to provide our advisors with the tools and technology they need to keep moving forward.”

For more information about the Barron’s 2020 Top 100 RIAs and to see the complete list, visit https://www.barrons.com/report/top-financial-advisors/ria/2020

To be considered for the Barron’s 2020 Top 100 RIAs list, firms were required to have a minimum of $1bil in managed assets, be registered with the SEC, and complete an application form.