Forbes Names SFO Top RIA Firm

Stokes is the only Louisiana firm ranked and #35 out of the top 100 advisory firms nationally.

NEW ORLEANS, Oct. 25, 2022—Stokes Family Office, LLC, an SEC registered investment adviser, announced today that it has been named to Forbes’ list of America’s Top Registered Investment Advisory (RIA) firms. The #35 ranking demonstrates the success of the firm’s client-first, relationship-building strategy.

The Forbes ranking of America’s Top RIA Firms, developed by SHOOK Research, includes 100 advisory firms across the U.S. with cumulative assets of $730 billion. 

“Never before has the need for steady-handed financial advice been greater. RIA firms, which are legally bound by a fiduciary standard, remain one of the fastest-growing segments in the wealth management business, precisely because they are committed to working in a client’s best interest rather than for such things as high commission products,” the Forbes release article states.

Forbes/SHOOK invited over 20,000 firms to apply for the ranking. The list is based on SHOOK Research’s in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including assets under management and revenue generated for their firms (data as of 12/31/21).

*No fee was charged to participate.

About Stokes Family Office, LLC

Stokes Family Office, LLC, an SEC-registered investment adviser*, is 100% family owned, and has been continually operating in the New Orleans Area for over 35 years. As a fiduciary, the firm woks on behalf of its clients through wealth management services, retirement plan consulting services, and family office services. The Stokes Family Office’s youthful leadership approaches the complexities of wealth management with fresh eyes, providing a modern, innovative point of view and radically transparent guidance from one clear and patient voice.

*Registration as an investment adviser is not an endorsement by securities regulators and does not imply that Stokes has attained a certain level of skill, training, or ability. 

About SHOOK Research

SHOOK is completely independent and objective and does not receive compensation from the advisors, Firms, the media, or any other source in exchange for placement on a ranking. SHOOK is funded through conferences, publications and research partners. Since every investor has unique needs, investors must carefully choose the right advisor for their own situation and perform their own due diligence. SHOOK’s research and rankings provide opinions for how to choose the right financial advisor and not indicative of future performance or representative of any one client’s experience. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Past performance is not an indication of future results.