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Robert
Fragasso, president and founder of Fragasso Financial Advisors Inc., a
downtown financial planning firm, has recently been selected as
one of the top 100 high-end financial advisors nationwide by The
Dow Jones Business and Financial Weekly, Barron's.
Recipients
are chosen for this honor from among more than 3,000 financial
advisors. Selection criteria include integrity, professionalism
and a niche specialty for serving high-wealth individuals, defined
as people with $1-10 million or more to invest.
Barron's
is the premier publication for private investors, money managers
and corporate executives involved with the financial community.
With a circulation of more than 300,000, the content of Barron's
is comprised of in-depth analyses of the markets and their impacts,
industry developments, economic indicators and investment opportunities.
The 100 winners were recognized in the September 20th issue of
the publication in a special section titled, "Best Brokers."
According
to the editors of Barron's, "Financial advisors are
the most important professionals when it comes to helping Americans
achieve their goals for retirement and for their children's educations.
So rating them, however difficult it may be, is clearly worthwhile."
Barron's
relied on the services of R.J. Shook who has been ranking top
financial advisors nationwide for more than 10 years. The process
is as follows: Firms nominate themselves. Then, Shook independently
checks the nominated candidates for a range of criteria including
regulatory records, amount of assets under management, and firm
objectivity when offering investment products to clients. Shook
then talks extensively with those working with the candidate as
well as clients of the candidate before making a final determination.
This
award comes on the heels of two other recent and notable awards
for Fragasso Financial Advisors. In May, Bob Fragasso was chosen as one
of the top 10 investment professionals nationwide by Registered
Rep Magazine. In addition, on October 7 at a luncheon in downtown
Pittsburgh, Fragasso Financial Advisors will be recognized as one of the
30 best places to work by The Pittsburgh Business Times.
At
a time when public trust of financial advisors and the financial
industry in general, including that of affluent investors, is
declining, Fragasso Financial Advisors's high standard of quality, ethics
and client service seems to be raising the bar for those in the
industry.
The
Fragasso Group is a Pittsburgh-based financial planning firm that
specializes in retirement planning, wealth management, college
expense planning, employer plans, insurance needs and estate planning.
For more than three decades, Fragasso Financial Advisors has served individuals
and corporations as an independent investment advisory firm. The
Fragasso Group manages more than $400 million in assets for more
than 1,500 households, corporations and retirement plans.
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