With our annual rankings, Financial Planning recognizes the industry’s top-producing young brokers among wirehouses and regional firms.
On a combined basis, the Top 40 Brokers Under 40 generate more than $203 million in annual production — an average of $5.1 million per year — and oversee $46 billion in client assets. The group’s production rose 22%
Financial advisors earning a spot in the 2022 edition of the rankings come from seven different firms: Merrill Lynch, Morgan Stanley, J.P. Morgan Chase, UBS, Wells Fargo, William Blair and Baird. For the third year in a row, Merrill Lynch Wealth Management and Merrill Private Wealth Management together have the most brokers in the group, at 15, followed by Morgan Stanley Wealth Management and Morgan Stanley Private Wealth Management with 11.
To view the Top 40 Brokers Under 40, scroll down our slideshow. For a profile of award-winning J.P. Morgan Wealth Management advisor David Li,
A note on methodology: Nominees for the rankings were 39 or younger as of Dec. 31, 2021, and were registered with a wealth management firm in the employee channel. FP uses production totals that are verified by each broker’s employer to determine the rankings. Trailing 12-month production and AUM are as of Sept. 31, 2021.
