KerberRose Wealth Management is proud to announce our team has been recognized as one of the top firms on Accounting Today's 2024 Wealth Magnets: Top 150 Firms by Assets Under Management (AUM).
Each year, Accounting Today ranks the nation's top 150 CPA financial planning firms by their total assets under management. For 2024, KerberRose Wealth Management reported an impressive $752.3 million in AUM managed by a team of 12 trusted advisors, reflecting strong growth over the past year. This accomplishment is a testament to an unwavering commitment to exceptional client service and knowledge in investment management.
KerberRose Wealth Management President and Shareholder, Tony Powers, shared, “As a fiduciary, we are legally and ethically bound to always act in our clients' best interests, yet our commitment to full transparency and achieving our clients' goals is the root of our success.”
“KerberRose Wealth Management extends its gratitude to our clients for their continuous trust and support. We would not have achieved this milestone without their partnership and confidence in our investment management services,” said Powers.
The CPA financial planning practices that make up Accounting Today’s Top 150 Firms by AUM this year have a collective $295 billion in assets under management, up significantly from last year’s $228 billion; 53 have more than $1 billion in AUM, versus 49 last year; and the threshold for making the list was $108 million, up from $85 million.
Tony Powers, KerberRose Wealth Management President and Shareholder
Notes and methodology For Accounting Today’s 18th annual ranking of CPA firms by assets under management, which starts on page 14, received submissions from more than 200 firms. Such a large number of firms means, among other things, wide diversity in practice structure and in the information submitted. To start, in most cases — but not all — firm names are those of the financial planning subsidiary, not the affiliated CPA firm. Firms have reported either their overall chief executive, or the leader of the planning practice. For simplicity’s sake, they have listed both under “chief executive,” though many bear different titles. In cases where a leader was not identified, they identified the leader of the planning practice from the firm’s website, where available. In addition, some firms reported staff figures for just the planning practice, some just for the overall CPA firm, and some for both. In cases where they had a choice, Accounting Today published figures from just the planning subsidiary. Many firms gave a date for the AUM figure they submitted; these varied widely, from the date of submission to a recent quarter-end, but in no case was it earlier than year-end 2023.
About KerberRose
KerberRose strives to help make clients and team members successful. KerberRose is a certified public accounting and advisory firm specializing in accounting, tax, audit, wealth management, payroll, business strategy and human resource consulting, and technology solutions. With more than 250 professional staff members and 13 locations, KerberRose is a trusted business advisor combining the expertise of a leading regional firm with the convenience, familiarity and passion of a local provider. More information about KerberRose is available at www.kerberrose.com.