Spuds Powell, Managing Director of Kayne Anderson Rudnick (KAR) Wealth Advisors, and the KAR Wealth Advisory team have ranked third within the state of California on the Barron’s Top 1,200 U.S. Financial Advisors by State list for 2023.
The three main components of this ranking include assets under management (AUM), revenue produced for the firm and quality of practice. Barron’s considered AUM and revenue as reputable indicators of client satisfaction, and quality of practice “is based on a constellation of questions aimed at evaluating an advisor’s character. These questions address regulatory records, professional experience, education, community involvement, and more.”
“Spuds Powell and the KAR Wealth Advisory team shined during a year riddled with economic uncertainty by prioritizing client communication and education,” said KAR Executive Managing Director Stephen A. Rigali. “This ranking is a reflection of the team’s dedication to strengthening client relationships through trust and transparency.”
For more information on this ranking, visit: https://www.barrons.com/advisor/report/top-financial-advisors/1000?page=1&.
Powell was also recently inducted into the Barron’s Hall of Fame and ranked #1 on Barron’s list of Top 100 Independent Financial Advisors for 2022. For more information on these recognitions, visit: https://kayne.com/news/kar-ranked-as-barrons-top-independent-advisor-for-2022
The Barron’s “2023 Top Advisor Rankings by State” was given in March 2023 and covers the year 2023. KAR has not paid a fee to participate in the rankings or for a license to reprint and distribute the results of the rankings.
