Back to Insights  /  Read More About News & Awards

HBKS Wealth Advisors Again Among Nation’s Largest CPA Financial Planners

07/17/2024

HBKS Wealth Advisors (HBKS) remains one of the nation’s largest CPA financial planners according to Accounting Today magazine’s ranking of CPA firms by assets under management (AUM). With more than $5.8 billion in AUM, HBKS ranks 14th of the 150 registered investment advisories (RIAs) listed in the magazine’s 18th annual “Wealth Magnets” study.

In characterizing the year for the firms it reviewed, Accounting Today noted, “It was a good year for the Wealth Magnets—but good times bring their own issues.” Among the issues associated with growth, the magazine pointed out, are “pressures … on the firms that are experiencing it, from capacity issues to the need for structural adjustments and new approaches to burgeoning client rosters.”

The magazine pointed to attracting top talent, identifying qualified prospective clients, and staff shortages caused by burnout as challenges across the accounting profession.

“Successfully navigating these growth challenges is a testament to our team’s dedication and expertise,” noted Brian Sommers, HBKS Chief Investment Officer. “We continue to invest in our people and processes to ensure we meet the evolving needs of our clients while maintaining the high standards that have brought us to this point.”

In addition to its recognition of HBKS as a top ranked Wealth Magnet, Accounting Today lists HBK CPAs & Consultants among its “Top 50” U.S. accounting firms. HBKS is also currently listed as a Barron’s Advisor Top 100 RIA.

“That HBKS continues to perform well in industry rankings and studies reflects more than anything our clients’ faith in us to help them achieve those goals,” noted HBKS CEO and Managing Partner Christopher M. Allegretti. “Every HBKS client relationship starts with their financial plan, and every client meeting thereafter is rooted in a review of their plan and their progress toward their financial goals as outlined in their plan.”

 

IMPORTANT DISCLOSURES

HBKS® Wealth Advisors did not pay any compensation to obtain or use this ranking/rating, either directly or indirectly. Responses collected April 22, 2024 – May 3, 2024.

Investment advisory services are offered through HBK Sorce Advisory LLC, doing business as HBKS Wealth Advisors. Not FDIC Insured – Not Bank Guaranteed – May Lose Value, Including Loss of Principal – Not Insured By Any State or Federal Agency.


Speak to an Advisor

First Name*
 
 
 
 
Last Name*
 
 
 
 
Email Address*
 
 
 
 
Phone Number*
 
 
 
 
Zip*
 
 
 
 
Message