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 High Ladies Advisors within the State of Virginia for 2025!
“As an advisor, I believe 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 grow 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 doable,” mentioned Jessica.
This announcement comes on the heels of our earlier recognition as Forbes Ladies Wealth Advisors Greatest-In-State 2023, Forbes High Subsequent Gen Wealth Advisors Greatest-In-State, and Northern Virginia Journal’s High Monetary Professionals.
That is Emily Harper’s first time rating on this Forbes record, an honor meaning loads to her personally and professionally. Emily was additionally lately voted one among Northern Virginia’s High Monetary Professionals in 2023 by Northern Virginia Journal.
“Working with our purchasers and their households to think about ‘what’s doable’ and advising them on learn 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 pleased with this recognition and the nice work we do at Monument as a group – I’m only one a part of this group of sensible gifted professionals that ship for our purchasers!” mentioned Emily.
As a agency that locations a concentrate on supporting ladies and our subsequent technology of leaders, we’re thrilled to hitch Jessica and Emily in celebrating this well-earned accomplishment.
Forbes’ record was compiled by SHOOK Analysis, which is predicated on an algorithm of qualitative knowledge, discovered by surveys and interviews carried out by phone, in-person and just about to judge greatest practices, akin to service fashions, investing fashions and compliance information in addition to quantitative knowledge, akin to income developments and property beneath administration.
SHOOK Analysis goals to create rankings of position fashions—advisors which can 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 will not be a criterion attributable to various consumer aims and lack of audited knowledge. Neither Forbes nor SHOOK obtain a charge in trade for rankings. SHOOK accepts advisors who meet pre-determined minimal thresholds and acceptable compliance information.
Jessica and Emily had been ranked #53 and #54 within the State of Virginia
Extra In regards to the SHOOK Analysis Methodology
SHOOK will not be a “robo-ranker.” To make sure high quality of their analysis, SHOOK collects each qualitative and quantitative knowledge for his or her rating algorithm.
Qualitative knowledge is collected by way of in-person, digital and phone due diligence conferences to judge every advisor. This contains consumer affect, trade expertise, assessment of greatest practices and compliance information, and agency nominations. Quantitative knowledge can also be collected together with property 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 assessment 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:
Fundamental Necessities for High Ladies Wealth Advisors
- 7 years as an advisor
- Minimal 1 yr at present agency, with exceptions akin to acquisitions
- Advisor should be really useful, and nominated, by their agency
- Completion of a web-based survey
- Enterprise that’s carried out with people is evaluated
- Acceptable compliance document
Quantitative Metrics
- Weightings assigned for each income and manufacturing knowledge
- Belongings beneath administration—and high quality of these property—each custodied and a scrutinized take a look at property held away
- Consumer-related knowledge, akin to retention
- Portfolio efficiency will not be an element
Qualitative Metrics
- Phone, digital and in-person conferences with advisors
- Compliance information and U4s
- SHOOK measures consumer “affect,” a proprietary indicator that measures distinction advisors make within the lives of their purchasers
- Advisors that present a full consumer expertise together with service mannequin, investing course of, charge construction, breadth of providers
- Credentials (years of service can function proxy)
- Use of group and group dynamics
- Neighborhood 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 based mostly on quantitative and qualitative components. Information are weighted to make sure priorities are given to dynamics akin to most popular “greatest practices,” enterprise fashions, latest enterprise exercise, and many others. Every variable is graded and represents a sure worth for every measured element. This knowledge is fed into an algorithm that measures hundreds of advisors towards 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 actually an honor to be acknowledged by Forbes. As a registered funding advisor (RIA) that operates as a fiduciary, it’s our purchasers’ opinions that actually matter. Try our Google Opinions to examine our purchasers’ experiences, in their very own phrases. Our mission is to not solely assist individuals untap their potential for wealth, however their potential for residing. And once we’ve achieved that, that’s the mark of actual success!
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