39-Year-Old Firm Also Named to List of 1,200 Top Advisors Nationally for Ninth Year
MINNEAPOLIS--(BUSINESS WIRE)-- JNBA Financial Advisors’ CEO Richard S. Brown has been ranked by Barron’s as Minnesota’s top financial advisor, as well as the top Registered Investment Advisor (RIA) in Minnesota. Also, for the ninth consecutive year, the independent firm has been named to Barron’s list of the 1,200 top advisors in the country.
“It’s extremely gratifying to be recognized by Barron’s as the number-one financial advisor in the state, and as a national leader in the wealth management industry,” says JNBA President Kim Brown. “Richard and JNBA are and have always been unwavering proponents of an independent and no-conflict-of-interest business model. We believe our firm’s culture of service and collaboration has had a measurable and positive impact on our clients, employees and community for the past four decades, and this honor really reinforces that our approach is making a difference.”
By delivering a high standard of asset management and comprehensive financial planning, JNBA has posted a more-than-97-percent client-retention rate since tracking began 2001, and its business is continuing to grow and thrive with nearly $1 billion in assets under management today.
Barron’s ranked advisors on a comprehensive set of factors including quality of practice, assets under management, revenue and regulatory record. JNBA’s dedication to client service and providing individualized investment and financial planning strategies has fueled the firm’s continued growth, including its expansion to Duluth, Minn., in 2010.
JNBA’s fiercely independent status allows the firm to customize investment strategies to individual client goals, which are implemented by an experienced team and disciplined process, including a review of each portfolio every 10 business days.
Better Business Bureau of Minnesota and North Dakota named JNBA Financial Advisors a winner of its 2015 BBB Torch Awards for Ethics, and the firm was named a finalist in the 2016 BBB International Torch Awards for Ethics. In addition, for three consecutive years, the Financial Times named JNBA to its 300 Top Registered Investment Advisers (RIA) list, which recognizes top independent RIA firms from across the U.S. JNBA was also named a Barron’s Top 100 Independent Advisor in 2015, 2016 and 2017.*
Minneapolis-based JNBA Financial Advisors, Inc. is an independent fee-only wealth management firm driven to deliver a higher standard of comprehensive planning, asset management, and life enrichment by providing customized financial strategies. As a nearly four-decade old firm, its advisory structure leverages a team approach, reviewing client portfolios every 10 business days and driving the planning process, including strategy development and implementation with estate, tax, and risk professionals as appropriate. For more information, visit www.jnba.com.
*As seen in the 6/16/16, 6/18/15 and 6/26/14 issues of the Financial Times and in the 2/22/10, 2/21/11, 2/20/12, 2/18/13, 2/24/14, 2/23/15, 8/24/15, 3/7/16, 8/29/16, 3/6/17, 9/18/17 and 3/10/18 issues of Barron's. As recognized by the Better Business Bureau of Minnesota and North Dakota for 2015 and the Better Business Bureau International for 2016. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA Financial Advisors, Inc. is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of JNBA Financial Advisors, Inc. by any of its clients. Rankings published by magazines. and others, generally base their selections exclusively on information prepared and/or submitted by the recognized advisor. Rankings are generally limited to participating advisors. Barron's is a trademark of Dow Jones & Company, Inc. All rights reserved.
The 2014/2015/2016 Financial Times 300 Top Registered Investment Advisors is an independent listing produced by the Financial Times. The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FTs research. As identified by the FT, the listing reflected each practice's performance in six primary areas, including assets under management, asset growth, compliance record, years in existence, credentials and accessibility. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.
JNBA’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including providing the criteria used for any referenced ranking.
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Brian Bellmont, 612-255-1113
Source: JNBA Financial Advisors, Inc.