AlphaCore Named Among Financial Advisor Magazine’s Fastest-Growing RIAs of 2023

We are pleased to announce that AlphaCore Wealth Advisory has been named among the 50 fastest-growing RIA firms of 2023 by Financial Advisor Magazine. In addition to this recognition, the publication also recognized AlphaCore as one of America’s Top RIAs, an annual list that ranks the most elite independent advisory firms based on a variety of factors, for the third consecutive year.

This recognition from the financial media showcases AlphaCore’s monumental growth in a year where many firms struggled amidst frothy market performance and growing economic uncertainty. Financial Advisor Magazine also published a special report alongside the rankings, stating that the industry is currently experiencing a consolidation crunch. This situation underscores the significance for companies to offer a comprehensive service, similar to AlphaCore’s approach. AlphaCore combines innovative investment management with sophisticated wealth planning, providing clients with the best of both worlds.

In response to the firm’s achievement, AlphaCore CEO and Founder Dick Pfister explained, “Being named as one of the fastest growing RIAs, particularly during a time when many firms face negative growth, speaks volumes about the growing importance of alternative investments. Alts are no longer an option but rather a necessity for achieving a properly diversified portfolio, which is something our team at AlphaCore has fully embraced when constructing client portfolios.”

For firms to be eligible for Financial Advisor Magazine’s annual RIA rankings, they must be independent Registered Investment Advisors, file their own ADV statement with the SEC and provide financial planning and related services to individual clients. To view Financial Advisor Magazine’s entire Top 50 Fastest-Growing Firms and Top RIA list, as well as the corresponding report, click here.

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