Monument Wealth Administration is proud to announce that our very personal Jessica Gibbs, CFP® and Emily Harper, CFP® have each been ranked by Forbes as Prime Ladies Advisors within the State of Virginia for 2025!
“As an advisor, I feel loads about serving to Monument’s purchasers greatest navigate their distinctive paths. It’s a privilege to obtain this recognition as a result of it reaffirms that the trail I selected—to turn out to be a monetary planner—continues to be a satisfying and significant journey for me. Nevertheless, the true delight comes from serving to others open the door to what’s potential,” mentioned Jessica.
This announcement comes on the heels of our earlier recognition as Forbes Ladies Wealth Advisors Finest-In-State 2023, Forbes Prime Subsequent Gen Wealth Advisors Finest-In-State, and Northern Virginia Journal’s Prime Monetary Professionals.
That is Emily Harper’s first time rating on this Forbes checklist, an honor which means loads to her personally and professionally. Emily was additionally lately voted one in every of Northern Virginia’s Prime Monetary Professionals in 2023 by Northern Virginia Journal.
“Working with our purchasers and their households to think about ‘what’s potential’ and advising them on tips on how to make these potentialities a actuality is one thing that brings me pleasure. It’s an honor to take part in our purchasers’ lives in such a significant manner and construct shared success. I’m happy with this recognition and the good work we do at Monument as a group – I’m only one a part of this group of good gifted professionals that ship for our purchasers!” mentioned Emily.
As a agency that locations a deal with supporting ladies and our subsequent technology of leaders, we’re thrilled to hitch Jessica and Emily in celebrating this well-earned accomplishment.
Forbes’ checklist was compiled by SHOOK Analysis, which is predicated on an algorithm of qualitative information, realized by means of surveys and interviews carried out by phone, in-person and nearly to guage greatest practices, comparable to service fashions, investing fashions and compliance information in addition to quantitative information, comparable to income tendencies and belongings beneath administration.
SHOOK Analysis goals to create rankings of position fashions—advisors which might be main the way in which in providing greatest practices and offering a high-quality expertise for purchasers. All advisors have a minimal of seven years’ expertise. Portfolio efficiency just isn’t a criterion on account of various shopper targets and lack of audited information. Neither Forbes nor SHOOK obtain a payment in alternate for rankings. SHOOK accepts advisors who meet pre-determined minimal thresholds and acceptable compliance information.
Jessica and Emily have been ranked #53 and #54 within the State of Virginia
Extra Concerning the SHOOK Analysis Methodology
SHOOK just isn’t a “robo-ranker.” To make sure high quality of their analysis, SHOOK collects each qualitative and quantitative information for his or her rating algorithm.
Qualitative information is collected by way of in-person, digital and phone due diligence conferences to guage every advisor. This contains shopper impression, trade expertise, evaluation of greatest practices and compliance information, and agency nominations. Quantitative information can be collected together with belongings beneath administration and income generated.
The Course of
As a part of the appliance course of, our advisors’ data is submitted into the SHOOK system. Our advisors periodically evaluation and replace the data within the database, and SHOOK makes use of this data to pick its nominees every year.
The next describes the necessities and metrics used of their rating algorithm:
Primary Necessities for Prime Ladies Wealth Advisors
- 7 years as an advisor
- Minimal 1 yr at present agency, with exceptions comparable to acquisitions
- Advisor should be advisable, and nominated, by their agency
- Completion of an internet survey
- Enterprise that’s carried out with people is evaluated
- Acceptable compliance file
Quantitative Metrics
- Weightings assigned for each income and manufacturing information
- Property beneath administration—and high quality of these belongings—each custodied and a scrutinized have a look at belongings held away
- Shopper-related information, comparable to retention
- Portfolio efficiency just isn’t an element
Qualitative Metrics
- Phone, digital and in-person conferences with advisors
- Compliance information and U4s
- SHOOK measures shopper “impression,” a proprietary indicator that measures distinction advisors make within the lives of their purchasers
- Advisors that present a full shopper expertise together with service mannequin, investing course of, payment construction, breadth of companies
- Credentials (years of service can function proxy)
- Use of group and group dynamics
- Group involvement
- Discussions with administration, friends, competing friends
- Phone, digital and in-person conferences
- Rating Algorithm
As described on their web site, the algorithm is designed to pretty examine the enterprise practices of a giant group of advisors primarily based on quantitative and qualitative parts. Information are weighted to make sure priorities are given to dynamics comparable to most well-liked “greatest practices,” enterprise fashions, current enterprise exercise, and so forth. Every variable is graded and represents a sure worth for every measured part. This information is fed into an algorithm that measures hundreds of advisors in opposition to one another.
For the entire particulars on the methodology utilized by SHOOK Analysis, click on right here.
Untapping Wealth Potential: Aligning Cash with That means
It’s really an honor to be acknowledged by Forbes. As a registered funding advisor (RIA) that operates as a fiduciary, it’s our purchasers’ opinions that really matter. Take a look at our Google Evaluations to examine our purchasers’ experiences, in their very own phrases. Our mission is to not solely assist folks untap their potential for wealth, however their potential for dwelling. And once we’ve completed that, that’s the mark of actual success!
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