Illinois-based Savant Wealth Management, a nationally recognized, fee-only registered investment adviser (RIA), with an office in Doylestown, announced it ranked fifth among firms with $5 billion or more in assets under management (AUM) on USA Today’s list of the Best Financial Advisory Firms in the United States, and earned the No. 12 spot overall.
To determine its list of top firms, announced Apr. 23, USA Today partnered with Statista to rank the top 500 RIA firms. The market research firm evaluated over 30,000 RIA firms and determined its rankings on AUM growth over the short- and long-term, coupled with recommendations by financial advisors, clients, and industry experts. Savant did not pay a fee to be included in the rankings.
In 2023, Savant nearly doubled its AUM as it concentrated on regional expansion outside of major cities. As of Mar. 31, 2024, Savant had $27.2 billion in AUM and 40 offices in 15 states.
Earlier this year, Savant also was named to CNN Underscored’s list of 10 Best Financial Advisors in the United States.
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