David Laut has been honored by Forbes on the Top Next-Gen Best-In-State Advisors list and has achieved the remarkable distinction of being ranked as the #1 Wealth Advisor under the age of 40 in the Sacramento Metro Region. This recognition is in addition to David’s previous ranking by Forbes as a 2023 Best-In-State Wealth Advisors and #1 Independent Wealth Advisor for all advisors in the Sacramento Metro Region, for which he was awarded in Spring 2023. These achievements are not the result of overnight success, but rather the culmination of a 17-year career dedicated to pursuing excellence.
When it comes to how their top picks for advisors are chosen, Forbes states this: “Since we are recommending advisors to the public, we have to make sure every advisor is high quality and can provide impact. No other advisor ranking provides this type of research and deep due diligence, which includes telephone interviews with every advisor, virtual meetings, and in-person meetings—we’ve met with thousands of advisors in their offices. The Forbes Next-Gen Wealth Advisors rankings, developed by SHOOK Research, is based on an algorithm of qualitative criterion—mostly gained through telephone, virtual, and in-person due diligence interviews—and quantitative data. Those advisors that are considered have a minimum of four years’ experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass the highest standards of best practices. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings.”
David expressed his gratitude for the trust his clients have placed in him, stating, “This recognition is a true blessing from God, and a testament to the trust our clients and team have put in our vision. One that strives to give our clients the confidence to live life abundantly!”
Forbes America’s Top Next-Gen Wealth Advisors 2023 Ranking Methodology:
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The distinction of #1 Next-Gen Wealth Advisor in the Sacramento Region is based on the Forbes Best-In-State Next-Gen Wealth Advisors 2023 ranking list. The list contains the top wealth Advisors in Northern California, and David Laut’s placement on the list awards him this distinction.