Disclosure Information - Rankings and Awards

Barron’s Magazine –America’s Top 100 Independent Wealth Advisors, America’s Top 1,200 Financial Advisors, America’s Top 100 Financial Advisors, America’s Top 100 Private Wealth Teams, and Financial Advisors Hall of Fame

The selection methodology described below is for Barron’s which is a registered trademark of Dow Jones & Company, Moran Wealth Management (“MWM”) is not affiliated with Barron’s or Dow Jones & Company, L.P. “America’s Top 100 Independent Wealth Advisors”, “America’s Top 1,200 Financial Advisors”, “America’s Top 100 Financial Advisors”, and “America’s Top 100 Private Wealth Teams” bases the rankings upon data provided by individual advisers and their firms, including submissions by MWM. Barron’s confirms that data via regulatory databases, crosschecks with securities firms and conversations with individual advisers. MWM applied for consideration, and the result was independently granted. Advisors who wish to be ranked fill out a survey about their practice. Barron’s then verifies that data with the advisors’ firms and with regulatory databases and then applies its rankings formula to the data to generate a ranking. The formula Barron’s uses to rank advisers is proprietary. It has three major components: assets managed, revenue produced and quality of practice. Investment returns are not a component of the rankings because an adviser’s returns are dictated largely by the risk tolerance of clients. In addition, Barron’s also considers a wide range of qualitative factors, including the advisors’ experience, their advanced degrees and industry designations, the size and shape of their teams, their charitable and philanthropic work and regulatory compliance records. “America’s Top 1,200 Financial Advisors” rank all advisors regardless of whether they are considered independent or not.  “America’s Top 100 Independent Wealth Advisors” only ranks advisors they consider “independent”. “Barron’s Hall of Fame” is an award honoring advisors who have appeared in 10 or more of Barron’s annual Top 100 Advisor rankings.

MWM is unaware, nor has Barron’s published, the number of nominees considered for the award rankings. Barron’s does not require membership or payment in order for award participants and/or applicants to be considered for an award designation. Moreover, neither MWM nor any other participating advisers paid a fee to be eligible for the “America’s Top 100 Independent Wealth Advisors”, “Barron’s Financial Advisors Hall of Fame”, “America’s Top 1,200 Financial Advisors”, “America’s Top 100 Financial Advisors”, and “America’s Top 100 Private Wealth Teams.” However, MWM may pay a fee in exchange for plaques, logo licensing, a web link, or article reprints commemorating the designation. MWM would pay this fee only after receiving the designation and not as a condition precedent to receiving it. The fact that MWM pays any fee with respect to its receipt of the designation should be considered if such designation is a factor in a client’s or prospective client’s evaluation of whether to initially engage or continue to engage MWM for investment advisory services. Barron’s-ranked advisors may pay Barron’s a separate fee for special advertising to publish a Barron’s ranked advisor’s contact information including applicable phone numbers, email addresses, and website addresses. This publication option is offered on an annual basis and is limited to Barron’s-ranked advisors for that respective year. It should be noted that this type of payment creates an inherent conflict of interest because it provides the awarding entity with a monetary incentive to grant such ranking, recognition, or designation to participating advisors that submit such forms of consideration. After receiving the respective award designations, MWM did not pay a separate fee to Barron’s in exchange for publication of this information. Barron’s does not publish, nor is MWM aware of the percentage of other advisers that received the applicable rankings. MWM is unaware of any undisclosed facts that could potentially invalidate the appropriateness of the ranking. By virtue of disclosing this ranking, MWM is disclosing favorable ratings (to the extent that Thomas Moran or MWM is ranked above other advisors) and unfavorable ratings (to the extent that Thomas Moran or MWM is ranked below other advisors). By considering the compliance record, eligibility to appear on the rankings seeks to ensure that a participating advisor has an established and significant history and record free from regulatory sanctions. The rankings are not representative of any one client’s experience because of the way in which it is calculated. Inclusion on the above list is absolutely not indicative of MWM’s future performance, or any future performance pertaining to its clients’ investments; should not be construed by a client or prospective client as a guarantee that they will experience a certain level of results if MWM is engaged, or continues to be engaged, to provide investment advisory services; and should not be construed as a current or past endorsement of MWM by any of its clients.

Additional information regarding the above rankings is available at the following links:
2022 Top Independent Advisors:
https://www.barrons.com/advisor/report/top-financial-advisors/independent/2022
2022 Top Advisor Rankings by State:
https://www.barrons.com/advisor/report/top-financial-advisors/1000/2022
2022 Top Private Wealth Teams:
https://www.barrons.com/advisor/report/top-financial-advisors/private-wealth/2022
2022 Top Financial Advisors:
https://www.barrons.com/advisor/report/top-financial-advisors/100/2022
Barron’s Financial Advisors Hall of Fame:
https://www.barrons.com/articles/barrons-financial-advisor-hall-of-fame-51572028751
https://www.barrons-advisor.com/hall-of-fame.html
Methodology:
https://www.barrons.com/articles/barrons-top-advisors-methodology-1534541819

Forbes –America’s Top Wealth Advisors and Best-In-State Wealth Advisors

“Forbes” is a registered mark of Forbes LLC. Moran Wealth Management (“MWM”) is not affiliated with Forbes. Data for the Forbes “America’s Top Wealth Advisors” and “Best-In-State Wealth Advisors” are developed by “SHOOK Research.” Each advisor considered for the award was nominated by their respective firm, then vetted and ranked by SHOOK Research. Thomas Moran applied for consideration, and the result was independently granted. The Forbes “America’s Top Wealth Advisors,” and “Best-In-State Wealth Advisors” rankings are based on an algorithm of qualitative criteria mostly gained through telephone and in-person due diligence interviews, and quantitative data. An advisor would meet basic requirements for consideration based on having a minimum of seven years experience, a minimum of one year at the current firm (with exceptions based on acquisitions, etc.), being nominated and recommended by a firm, completion of an online survey, over 50% of revenue / production must be with individuals, and an acceptable compliance record. The algorithm weights factors like revenue trends, assets under management, compliance record, industry experience, and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. In developing its applicant pools for “America’s Top Wealth Advisors” and “Best-In-State Wealth Advisors” SHOOK sets thresholds to limit nominations for consideration. For “America’s Top Wealth Advisors” Forbes and SHOOK may receive tens of thousands nominations (based on SHOOK thresholds), invited around 10,000 candidates to complete the online survey, conduct a lesser number of  telephone interviews, and conduct a smaller sample of in-person interviews at the Advisor’s location. Forbes recognizes a couple hundred wealth advisors.  For “Best-In-State Wealth Advisors” Forbes and SHOOK may receive tens of thousands nominations (based on SHOOK thresholds), invite thousands of candidates to complete the online survey, conducted thousands of telephone interviews, and conducted a smaller sample of in-person interviews at the Advisors’ location. Neither Forbes nor SHOOK receive a fee or require membership in exchange for rankings. Accordingly, neither MWM or Thomas Moran nor any other participating advisors paid a fee to be eligible for the “America’s Top Wealth Advisors” and “Best-In-State Wealth Advisors” rankings. Based on its stated methodology, SHOOK does not name advisors if the ratings are not statistically valid; and there are no facts that would call into question the validity of the inclusion on the “America’s Top Wealth Advisors” and “Best-In-State Wealth Advisors” rankings or the appropriateness of MWM advertising the same. By considering the compliance record, eligibility to appear on the rankings seeks to ensure that a participating advisor has an established and significant history and record free from regulatory sanctions.

MWM is unaware of any undisclosed facts that could potentially invalidate the appropriateness of the above rankings. By virtue of disclosing the rankings, MWM is disclosing favorable ratings (to the extent that Thomas Moran or MWM is ranked above other advisors) and unfavorable ratings (to the extent that Thomas Moran or MWM is ranked below other advisors). The ranking may not be representative of any one client’s experience because of the way in which it is calculated. The ranking is not indicative of MWM’s and its advisors’ future performance, or any future performance pertaining to its clients’ investments, nor should it be construed as a current or past endorsement by any of its clients.

Additional information regarding the above rankings is available at the following links:
America’s Top Wealth Advisors List:
https://www.forbes.com/top-wealth-advisors/#7090fd611a14
Best-In-State Wealth Advisors List:
https://www.forbes.com/best-in-state-wealth-advisors/#4aefa6f4291d
Methodology:
https://www.forbes.com/sites/rjshook/2022/04/07/methodology-forbes-best-in-state-wealth-advisors-2022/?sh=2ab9cd727fee

NAPFA FEE-Only Registered Financial Advisors

Both Ryan Frank & Corey Grant are National Association of Personal Financial Advisors (“NAPFA”), registered financial advisors. To qualify as a NAPFA registered financial advisor, the program requires individuals to be a fee only financial advisor subject to third party ADV review, have a bachelor’s degree from an accredited institution, earned the Certified Financial Planner ® certification, submit a comprehensive financial plan or participate in a peer review dialogue with a third party plan/peer reviewer both of which are reviewed using a check list, complete 60 continuing education credits in six subject areas every two years. Additionally, his/her Form ADV may be reviewed by NAPFA. NAPFA-registered advisors renew a fiduciary oath yearly, subscribe to NAPFA’s Code of Ethics and pay annual dues.

Additional information regarding the above NAPFA registration is available at the following link:
https://www.napfa.org/membership/our-standards