October 19, 2023 – For the second consecutive year, Transcend Capital Advisors has been named by Forbes as one of the top RIA firms in America. After ranking #31 in the inaugural ranking announced in 2022, Transcend maintained its position in the top 50 RIA firms in the country with a ranking of #42 in the 2023 list.
“It is an honor to once again be recognized by Forbes and SHOOK as one of the top RIA firms in the nation. We are humbled that our differentiated approach to wealth management has been so well-received since our founding just four years ago. We are grateful for our clients and colleagues who helped make this recognition possible,” said Duncan Niederauer, Transcend Founder and Managing Partner and former CEO of the New York Stock Exchange.
As noted in the ranking, “the second annual Forbes/Shook Top RIA list has 250 advisory firms with cumulative assets of more than $1.1 trillion. Registered investment advisory (RIA) firms are legally bound by a fiduciary standard, and thus committed to working in a client’s best interest rather than a “suitability” standard which can translate into high commissions. All of the RIAs on Forbes list have strong pedigrees when it comes to providing a steady hand for clients and preserving their wealth over the long term.”
The Forbes ranking of America’s Top RIA Firms, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual and in-person due diligence interviews, and quantitative data. The algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices and approach to working with clients. Neither Forbes nor SHOOK receive a fee in exchange for rankings.
About Transcend Capital Advisors
Founded in 2019 and headquartered in Madison, New Jersey, Transcend is an independent registered investment advisor (RIA) offering wealth management services, public and private investments, strategic advisory services, and access to banking, lending, and family office solutions. Transcend is an employee-owned firm and manages approximately $2.7 billion of assets, serving families, business owners, executives, retirees, and entrepreneurs across the United States. Leveraging the unique network of its experienced management team, Transcend provides clients with access to investment opportunities not typically available to individual investors. For more information on Transcend, please visit transcendcapital.com.
