Please Note: Limitations. Neither rankings and/or recognition by unaffiliated rating services, publications, media, or other organizations, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Grimes & Company, Inc. is engaged, or continues to be engaged, to provide investment advisory services. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers (see participation data/criteria below).
Important Disclosures:
Hyperlinks on this Website are provided as a convenience. Grimes & Company does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to the Website or incorporated herein, and takes no responsibility for the same. All such information is provided solely for convenience, educational, and informational purposes only, and all Users are guided accordingly.
1. Barron’s Magazine – “Top 100 Independent Financial Advisors,” (2009 through 2021; 2023); Barron’s Magazine – “Top 1,200 Financial Advisors Ranking by State” (2011 through 2021; 2023, 2024).
Source: Barron’s “Top 100 Independent Financial Advisors” (September 18, 2023); Barron’s “Top 1,200 Financial Advisors” (March 8, 2024), respectively. Grimes & Company, Inc. (“Grimes & Company”) is not an affiliate of Barron’s. Barron’s does not endorse Grimes & Company or any of its representatives.
Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved. Barron’s “Top 100 Independent Financial Advisors,” and “Top 1,200 Financial Advisors” base their rankings upon data provided by individual advisers and their firms, including submissions by Grimes & Company. Barron’s confirms that data via regulatory databases, crosschecks with securities firms and conversations with individual advisers. Grimes & Company applied for consideration, and the result was independently granted.
According to Barron’s, Advisors who wish to be ranked complete a survey of more than 100 questions about their practice. Barron’s verifies that data with the advisors’ firms and with regulatory databases and then apply their proprietary ranking formula to the data to generate a ranking. The formula has three major components: assets managed, revenue produced and quality of practice. Investment returns are not a component of the rankings because an adviser’s returns are dictated largely by the risk tolerance of clients. The quality-of-practice component includes an evaluation of each adviser’s regulatory record.
With respect to the Barron’s “Top 100 Independent Financial Advisors,” Timothy Grimes received the ranking in 2009 through 2016. Kevin Grimes received the ranking in 2017 through 2021 and 2023.
With respect to Barron’s “Top 1,200 Financial Advisors Rankings by State,” Timothy Grimes received the ranking in 2011 through 2017. Kevin Grimes received the ranking in 2018 through 2021 and 2023 through 2024.
Barron’s does not require membership or payment in order for award participants and/or applicants to be considered for an award designation. Moreover, neither Grimes & Company nor any other participating advisers paid a fee to be eligible for the “Top 100 Independent Financial Advisors,” or “Top 1,200 Financial Advisors Rankings by State” rankings. Barron’s does not publish, nor is Grimes & Company aware of the percentage of other advisers that received the applicable rankings.
Notwithstanding the foregoing, Barron’s-ranked advisors may pay Barron’s a separate fee for special advertising to publish a Barron’s-ranked advisor’s contact information including applicable phone numbers, email addresses, and website addresses. This publication option is offered on an annual basis and is limited to Barron’s-ranked advisors for that respective year. After receiving the respective award designations, Grimes & Company paid a separate fee to Barron’s in exchange for Barron’s publication of this information. Barron’s most recent directory listing featuring Kevin Grimes can be found at the following link: https://www.barrons.com/advisor/finder/results?mod=browse_list_finder_lp. In addition to this payment, Grimes & Company also paid a separate fee to Barron’s for additional reprints of the Barron’s Top 100 Independent Financial Advisors ranking and article and the Barron’s Top 1,200 Financial Advisors Ranking by state article.
While Grimes & Company paid these fees after receiving the designation, and not as a condition precedent, the fact that Grimes & Company paid any fee with respect to its receipt of the designation should be considered whether such designation is a factor in a client or prospective client’s evaluation of whether to initially engage or continue to engage Grimes & Company for investment advisory services. It should be noted that this type of payment creates an inherent conflict of interest because it provides the awarding entity with a monetary incentive to grant such ranking, recognition, or designation to participating Advisors that submit such forms of consideration. To mitigate that conflict of interest Grimes & Company reminds current and prospective clients that these ratings, rankings, and designations should not be construed as an endorsement of Grimes & Company by any client, and that they are no guarantee of future investment success.
Grimes & Company is unaware of any undisclosed facts that could potentially invalidate the appropriateness of the ranking. By virtue of disclosing this ranking, Grimes & Company is disclosing favorable ratings (to the extent that Grimes & Company is ranked above other advisors) and unfavorable ratings (to the extent that Grimes & Company is ranked below other advisors). The rankings may not be representative of any one client’s experience because of the way in which it is calculated. The rankings are independently granted. Inclusion on the Barron’s Lists is absolutely not indicative of Grimes & Company’s future performance, or any future performance pertaining to its clients’ investments; should not be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Grimes & Company is engaged, or continues to be engaged, to provide investment advisory services; and should not be construed as a current or past endorsement of Grimes & Company by any of its clients.
A copy of Grimes & Company’s current written disclosure statement discussing its advisory services and fees remains available upon request.
Additional information about Barron’s “Top 100 Independent Financial Advisors,” Barron’s “Top 1,200 Financial Advisors Ranking by State” is available at the following link: https://www.barrons.com/advisor/articles/barrons-methodology-for-ranking-financial-advisors-51615843316.
Barron’s Top 100 Independent Financial Advisors
The 2009 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2009.
The 2010 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2010.
The 2011 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2011.
The 2012 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2012.
The 2013 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2013.
The 2014 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2014.
The 2015 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2015.
The 2016 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2016.
The 2017 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: http://www.barrons.com/report/top-financial-advisors/independent/2017.
The 2018 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: https://www.barrons.com/report/top-financial-advisors/independent/2018
The 2019 Barron’s “Top 100 Independent Wealth Advisors” is available at the following link: https://www.barrons.com/report/top-financial-advisors/independent/2019
The 2020 Barron’s “Top 100 Independent Financial Advisors” is available at the following link: https://www.barrons.com/report/top-financial-advisors/independent/2020
The 2021 Barron’s “Top 100 Independent Financial Advisors” is available at the following link: https://www.barrons.com/report/top-financial-advisors/independent/2021
The 2023 Barron’s “Top 100 Independent Financial Advisors” is available at the following link: https://www.barrons.com/advisor/report/top-financial-advisors/independent/2023
Barron’s “Top 1,200 Financial Advisors Ranking by State”
The 2011 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2011.
The 2012 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2012.
The 2013 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2013.
The 2014 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2014.
The 2015 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2015.
The 2016 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2016.
The 2017 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2017.
The 2018 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2018.
The 2019 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2019.
The 2020 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2020.
The 2021 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2021.
The 2023 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/report/top-financial-advisors/1000/2023.
The 2024 Barron’s “Top 1,200 Financial Advisors Rankings by State” is available at the following link: http://www.barrons.com/advisor/report/top-financial-advisors/1000/2024
2. Financial Advisor Magazine – RIA Survey & Ranking, 2012 through 2021; 2023
Source: Financial Advisor Magazine (July, 2012; July 2013; July 2014; July 2015; July 2016; July 2017; July 2018; July 2019; August 2020; August 2021; August 2023).
The Financial Advisor Magazine is a monthly news publication that delivers market information and strategies to help advisors better serve their affluent clients, as well as practice management ideas to help advisors build their firms. Grimes & Company is not affiliated with Financial Advisor Magazine.
Candidates for Financial Advisor Magazine’s RIA Survey and Ranking must complete an online survey that contains approximately twenty-six (26) to thirty (30) questions (number of questions may vary year to year) concerning the candidate firm’s clients, Registered Investment Adviser (“RIA”) size, RIA age, services, and growth efforts. With respect to the candidate’s clients, the questionnaire contains inquiries concerning the firm’s total number of clients and demographics. The questionnaire also inquires as to the candidate’s total assets under management, additional assets, and techniques employed by the candidate firm that promoted or hindered growth to the candidate’s asset base. The questionnaire also contains inquiries concerning the candidate’s registration status as an investment adviser and/or broker-dealer, identification of the candidate’s custodians, and the date of firm’s most recent ADV filing. The questionnaire further asks candidates to check-off all services the candidate currently offers its clients. With respect to the candidate’s employees, the questionnaire inquires as to the firm’s total number of employees and the firm’s employee recruitment practices over the preceding three years to completing the survey. With regards to the firm’s growth efforts, the questionnaire inquires as to the candidate’s likelihood of expansion efforts in the three (3) years preceding completion of the survey and in the forthcoming twelve (12) months from the date the candidate completing the survey. Some of these inquiries include whether the firm hired a strategy consultant, obtained a valuation appraisal, added one or more offices, engaged in merger discussions, rejected a merger proposal, or hired former registered representatives. The questionnaire also asks candidate to reveal one thing that the candidate would do to improve the advisory profession.
The criteria on which the final ranking is presented ranks candidates based on five (5) categories: 1) year-end discretionary and non-discretionary assets under management (“AUM”) reported on the candidate’s Form ADV; 2) the candidate’s percentage of growth in assets for the relevant calendar year; 3) average assets per client relationship; 4) percentage of growth in assets per client; 5) candidate’s percent change in number of client relationships.
To be eligible for the ranking, firms must be registered investment advisors and provide financial planning and related services to individual clients. Firms must have filed their Form ADV prior to completing the questionnaire associated with the award. Corporate RIA firms and investment advisor representatives (“IARs”) are not eligible for this survey. From year to year, firms with a certain minimum of assets under management are recognized in the print version of Financial Advisor’s Magazine’s ranking list. Firms with less than the respective year’s prescribed minimum of assets under management are recognized in the Financial Advisor’s Magazine national online digital ranking list on FA’s website, https://www.fa-mag.com/. Grimes & Company was recognized for the award in 2012 through 2021 and 2023. Financial Advisor Magazine awarded the following number of recipients for each respective year: 2012: 513 honorees; 2013: 522 honorees; 2014: 529 honorees; 2015: 562 honorees; 2016: 610 honorees; 2017: 638 honorees; 2018: 707 honorees; 2019: 683 honorees; 2020: 551 honorees; 2021: 607 honorees; 2023: 521 honorees. Grimes & Company applied for consideration, and the result was independently granted.
Financial Advisor Magazine does not require membership or payment in order for award participants and/or applicants to be considered for an award designation. Financial Advisor Magazine does not publish, nor is Grimes & Company aware of the number of participants that applied to be on “RIA Survey & Ranking” for the year(s) upon which it appeared. Grimes & Company is unaware of any undisclosed facts that could potentially invalidate the appropriateness of the ranking. By virtue of disclosing this ranking, Grimes & Company is disclosing favorable ratings (to the extent that Grimes & Company is ranked above other advisors) and unfavorable ratings (to the extent that Grimes & Company is ranked below other advisors).
The award designation may not be representative of any one client’s experience because of the way in which it is calculated. The award designation is absolutely not indicative of Grimes & Company’s and its advisors’ future performance, or any future performance pertaining to its clients’ investments. The award designation should not be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Grimes & Company is engaged, or continues to be engaged, to provide investment advisory services; and should not be construed as a current or past endorsement of Grimes & Company by any of its clients. This ranking or any other rankings and/or recognition by unaffiliated rating services and/or publications should not be construed as a guarantee that a client will experience a certain level of results or satisfaction if Grimes & Company is engaged, nor should it be construed as a current or past endorsement by any of its clients.
Additional information about the Financial Advisor Magazine’s “RIA Survey & Ranking” is available at the following links: https://www.fa-mag.com/research/ria-survey.
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2012 ranking list is available at the following link: http://www.fa-mag.com/userfiles/docs/RIA2012Expanded%20Ranking_rev3.pdf.
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2013 ranking list is available at the following link: https://www.fa-mag.com/userfiles/2013_FA_Issues/July_2013/2013_RIA_Ranking.pdf
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2014 ranking list is available at the following link: https://www.fa-mag.com/userfiles/2014_FA_Issues/July_2014/RIA2014_OnlineRanking1.pdf.
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2015 ranking list is available at the following link: https://www.fa-mag.com/userfiles/2015_FA_Issues/July_2015/RIA2015_Ranking_Online3.pdf.
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2016 ranking list is available at the following link: https://www.fa-mag.com/userfiles/2016_FA_Issues/July_2016/RIA_Files/jul_fa_RIA2016_Ranking_3.pdf
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2017 ranking list is available at the following link: https://www.fa-mag.com/userfiles/2017_ISSUES/Financial_Advisor/July_2017/RIA_Survey/July2017_RIAranking_072017.pdf
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2018 ranking list is available at the following link: https://www.fa-mag.com/userfiles/000002018_IMAGES_ALL/FA_ISSUES_2018/07_JULY_2018/RIA_2018_Ranking.pdf.
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2019 ranking list is available at the following link: https://www.fa-mag.com/userfiles/0000002019_IMAGES_ALL/FA_ISSUES_2019/07_FA_JULY_2019/RIA_Ranking_Online_2019v4.pdf
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2020 ranking list is available at the following link: https://www.fa-mag.com/userfiles/00000002020_IMAGES_ALL/FA_ISSUES_2020/08_FA_AUGUST_2020/RIA_Rankings/2020_RIA_Ranking_Online.pdf
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2021 ranking list is available at the following link: https://www.fa-mag.com/userfiles/000000002021_IMAGES_ALL/FA_ISSUES_2021/07_FA_JULAUG_2021/RIA_Rankings/2021_RIA_Ranking_Online_v2.pdf
The Financial Advisor Magazine’s “RIA Survey & Ranking” 2023 ranking list is available at the following link: https://www.fa-mag.com/userfiles/00000000002023_IMAGES_ALL/FA_ISSUES_2023/06_FA_JULYAUG_2023/2023_RIA_Ranking_Online0810.pdf
