Kayne Anderson Rudnick (KAR), a leading investment adviser, is proud to announce that Managing Director and Senior Wealth Advisor Spuds Powell and the Kayne Anderson Rudnick Wealth Advisory (KARWA) team have been recognized with a #4 placement on the Barron’s 2025 Top 100 Independent Advisors list. This achievement highlights Powell’s leadership in wealth management and his long-standing commitment to delivering exceptional outcomes for clients.
Powell and the KARWA team have consistently been recognized among the nation’s top advisors, ranking first on Barron’s Top 100 Independent Advisors list five times (2017–2020, 2022). In addition, the team has placed within the top 10 for 13 consecutive years, a testament to their enduring excellence and client-first approach.
Advisors considered for the Barron’s Top 100 Independent Advisors list complete a 102-question survey about their practices. Data is verified with the advisors’ firms and with regulatory databases before being analyzed through Barron’s proprietary formula. The formula weighs three major categories: assets, revenue, and quality of practice. Sub calculations factor in the types of assets managed, client retention, practice growth, team diversity, industry designations, philanthropic work and compliance records.
“Spuds’ recognition as one of the nation’s top independent advisors once again underscores the depth of his experience and the trust he has built with clients over decades through his ability to guide them with foresight, clarity, and care,” said Stephen A. Rigali, Executive Managing Director. “His leadership, combined with the strength of our advisory team, is a reflection of our shared commitment to put clients first and deliver lasting value.”
For the full list of honorees visit https://www.barrons.com/advisor/report/top-financial-advisors/independent?page=1.
The Barron’s “Top 100 Independent Advisors 2025” was given in September 2025 and covers the year 2025. KAR has not paid a fee to participate in the rankings but has paid fees for a license to reprint and distribute the results of the rankings.
