Savant Wealth Management Tops List of CPA Firms in the Nation for Second Consecutive Year
Ranked No. 1 by AUM in Accounting Today’s list of 2024 Wealth Magnets
Savant Wealth Management earned the top spot in Accounting Today’s list of 2024 Billion-Dollar Wealth Magnets, making this Savant’s second consecutive year as the leading firm on the list. Savant was ranked number one by assets under management (AUM) out of 150 firms, 52 of which had more than $1 billion in AUM. The 18th annual ranking, released on June 5, included CPA firms with financial planning practices.
According to Accounting Today, it was a good year for the Wealth Magnets, with AUM significantly growing. The publication found that with growth, firms across the nation were experiencing pressures related to integrating and retaining staff members, technology, and AI, among others. Despite those issues, Accounting Today stated that the rise in AUM will allow these firms to continue to be well-positioned for growth this year and beyond.
“I am proud that we were named the largest fully integrated wealth management and registered investment advisory firm. At Savant, we have grown aggressively and have been strategic in expanding our tax and accounting services,” said Brent Brodeski, CPA, CFP®, CFA®, MBA, chief executive officer of Savant. “Last November we acquired our sixth tax and accounting business to further strengthen Savant’s position as a leader in integrated wealth management, accounting, and tax consulting. Along with our growth and expanded offerings, we continue to refine our team of specialists and leverage technology solutions to streamline and increase the efficiency of our operations.”
In July 2023, Savant acquired Raymond F. Book & Associates, a comprehensive tax and accounting firm with three locations in Delaware. Additionally, in November 2023, Savant acquired Peay & Associates, LLC, a CPA firm located in Clinton, SC. Savant is committed to its growth strategy and is expecting to acquire more firms in the coming months.
2024 Accounting Today Billion-Dollar Wealth Magnet: This annual ranking published in June 2024 includes the top CPA financial planners with a wealth management/financial planning practice based on assets under management. Savant did not pay a fee to be included in this ranking.
Savant is a registered Investment advisor. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Savant is engaged, or continues to be engaged, to provide investment advisory services. Please read our Important Disclosures at savantwealth.com.