Thinking about moving leftover 529 funds to a Roth IRA?
Director and Wealth Planner Tiffany Bell, CFP®, recently discussed this with Financial Advisor Magazine.
Read the full article by clicking here.
Boston-based advisory firm celebrates notable rise in prestigious national ranking
Boston, Mass. (October 8, 2024) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston with offices in Connecticut and Rhode Island, is pleased to announce it has been named to the annual Forbes/SHOOK America’s Top RIA Firms list for 2024. The firm climbed 17 spots this year, ranking No. 59, up from No. 76 in 2023.
“We are incredibly proud to be included once again in such a prestigious Forbes ranking of this competitive industry,” said Crestwood CEO/Managing Partner Michael Eckton. “This recognition highlights the dedication and expertise of our team and the trust our loyal clients place in us to deliver exceptional service year after year.”
The Forbes 2024 Top RIA Firms List, developed by SHOOK Research, recognizes the top 250 registered investment advisors (RIAs) in the U.S. based on both qualitative and quantitative factors. The rigorous selection process involves an analysis of key metrics such as revenue trends, assets under management, compliance records, and overall industry experience.
SHOOK Research conducted in-depth interviews with leadership and staff, assessing firms based on leadership, growth and dedication to client service. This year’s evaluation included more than 46,200 nominations, 21,400 telephone interviews and thorough reviews of thousands of RIAs through in-person or virtual meetings. More than 25,000 firms across the U.S. were invited to participate in the ranking process.
In its third year, the Forbes Top RIA list continues to set the standard for evaluating advisory firms across the country. The full methodology for the ranking can be found here.
Crestwood did not pay a fee to appear on the published list or to market the award.
Please view Crestwood Advisors’ list of important disclosures regarding awards and recognitions here.
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About Crestwood Advisors
Crestwood Advisors is an independent, fee-only, wealth management firm with over $5.7 billion in assets under management. Founded in 2003, Crestwood Advisors provides investment management with financial planning strategies to help high-net-worth individuals and families identify and prioritize their goals and build sustainable wealth so that they may enjoy more financially secure and purposeful lives. For more information, please visit https://www.crestwoodadvisors.com.
We are proud to announce Crestwood Advisors has earned a place on the Boston Business Journal’s 2024 list of the “Largest Independent Investment Advisers in Massachusetts,” ranking #16.
“This acknowledgment reflects our team’s unwavering commitment to providing personalized financial strategies that empower our clients to reach their goals,” said Crestwood CEO/Managing Partner Michael Eckton.
To read more on this recognition and the methodology of the ranking click here.
Fast-growing New England advisory moves up to No. 81 in prestigious national ranking, highlighting continued excellence in financial advisory services
Boston, Mass. (September 18, 2024) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston and with offices in Connecticut and Rhode Island, is pleased to announce that it has been named once again to the Barron’s 2024 Top 100 RIA Firms list.
This year, the firm has moved up to No. 81, a notable improvement from last year’s ranking of No. 93.
“We are honored to be ranked among Barron’s Top 100 RIA Firms, and even more so to see our advancement this year,” said Crestwood CEO/Managing Partner Michael Eckton. “We recognize that this honor is possible only through the continued partnerships between our incredible clients and dedicated team.”
Each year, Barron’s publishes its Top 100 RIA Firms list, ranking independent advisory companies based on a comprehensive set of criteria. These criteria include assets under management, technology investments, staff diversity, succession planning, and other key metrics.
The full methodology for the Barron’s 100 list can be found here. Crestwood did not pay a fee to appear on the published list.
Please see Crestwood Advisors’ important disclosures regarding awards and recognitions here.
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About Crestwood Advisors
Crestwood Advisors is an independent, fee-only, wealth management firm with over $5.7 billion in assets under management. Founded in 2003, Crestwood Advisors provides investment management with financial planning strategies to help high-net-worth individuals and families identify and prioritize their goals and build sustainable wealth so that they may enjoy more financially secure and purposeful lives. For more information, please visit https://www.crestwoodadvisors.com.
As client relationships form the backbone of any successful advisory firm, ensuring a smooth onboarding experience is crucial.
Director and Wealth Manager Billy Spencer, CFP®, CFT-I™, FBS®, recently shared his insights with InvestmentNews, stressing that client input is key: “If the client’s not having a chance to share what they’re looking for, any sort of advice that comes after that isn’t really tailored to what their needs are,” he said.
Click here to read the full article.
“Planning opportunities will most certainly be missed if people are unaware of Qualified Small Business Stock (QSBS),” says Managing Director and Wealth Strategist Katherine M. Sheehan, J.D., AEP®, in her recent piece on Tax Notes.
Katie delves into the intricacies of QSBS and outlines key estate, gift and income tax planning opportunities that advisors should know to help clients maximize the benefits of QSBS.
Click here to read the full article.
Summer is coming to an end, which means it’s time for students to head back to school. At Crestwood, we aim to help our clients plan for their children’s future – including how to finance their education.
Crestwood Director and Wealth Manager Billy Spencer, CFP®, CFT-I™, FBS® recently spoke with InvestmentNews on financial strategies and tips we share with clients to help prepare for back-to-school season.
“With the resources that you have, whether that’s through student loans, stipend from parents or earnings from the child working, they can use that awareness around where the money’s going to allocate it well and have it aligned with what they value and what their needs are,” he said.
Click here to read the full article.
Feeling the weight of a family legacy? With great wealth comes great responsibility — and unique challenges.
In a recent conversation with Crain Currency, Katherine M. Sheehan, Managing Director and Wealth Strategist at Crestwood Advisors, sheds light on the emotional struggles faced by next-gen family members. She emphasizes the importance of seeking support from peers who understand these challenges.
“Look at other similarly situated next-gen people who are living the same struggles and ask them: ‘How are you dealing with this? Can I bounce ideas off you?’ It’s important to get another set of eyes and ears,” she said.
Click here to check out her insightful discussion on how to handle the pressures and expectations of inheriting wealth.
Jumping on the latest trend may seem like a great idea in the moment, but will it set you up for the future you desire?
Partner and Chief Investment Officer John Ingram shared his thoughts on investing in Nvidia and other currently popular trades with Financial Planning.
“We all need guardrails to prevent us from buying an Nvidia at the top of the market — if this is a top. And I’m not predicting that it is, but if it is a top, do our guardrails prevent us from buying it at this price and then losing our shirt on the way down?” he said.
Click here to read the full article.
Want to invest smartly but can’t decide between ETFs and index funds? While both offer a diversified, low-cost way to grow your wealth over time, they also have unique advantages and disadvantages.
Crestwood Advisors Portfolio Manager Jimmy Doogan, CFA, recently spoke with CNN on the pros and cons of these popular investment options.
Make the best choice for your financial future – read his insights by clicking here