May 30, 2024 Seventy2 Capital Wealth Management named to Barron’s 2024 Top 250 Private Wealth Management Teams
Seventy2 Capital Wealth Management, a client-centered, independent wealth management practice headquartered in the Washington DC – Baltimore region, announced today that they ranked 56th on Barron’s 2024 Top 250 Private Wealth Management Teams.
“We are honored to be included in Barron’s Top Teams for the second consecutive year (2023 and 2024), and thrilled to have moved from 99th to 56th on the list,” said Paul Carlson, CEO & Co-Founder of Seventy2 Capital. “The advancement of our ranking is a validation of our team’s work to support our Advisors. The best part is that our clients are the winners.”
Each year, Barron’s ranks wealth advisory teams that specialize in serving individuals and families on a variety of factors, including their size and shape, regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. These lists serve as a starting point for clients looking for an advisor, or first-pass vetting that can help investors narrow a search.
Seventy2 Capital is paving the way in the wealth management industry by combining the benefits and support of a wirehouse firm with the freedom and compensation of independence. Co-Founders Paul Carlson and Thomas Fautrel founded the practice in 2016 after leaving a wirehouse firm and joining Wells Fargo Advisors Financial Network (WFAFN). They quickly realized that there was a demand for a business model that allowed their fellow advisors to go independent, yet still have a platform in place to handle overhead and back-office tasks, such as taking care of office space, human resources, operational support, marketing, and asset management. Today, the practice is one of the largest and fastest growing within WFAFN, growing from $200 million in assets under management in December 2016 to over $6 billion as of May 2024.
About Barron's Top 250 Private Wealth Management Teams
2024 Barron's Top 250 Private Wealth Management Teams: Awarded May 2024; Data Compiled by Barron's based on the time period from Jan. 2023 - Dec. 2023 (Source: Barrons.com).
2023 Barron’s Top 100 Private Wealth Management Teams: Awarded April 2023; Data Compiled by Barron’s based on the time period from Jan. 2022 – Dec. 2022 (Source: Barrons.com).
The Barron’s Top 250 Private Wealth Management Teams are evaluated on a range of factors for the Financial Advisor and their team, who specialize in serving individuals and families. Factors included in the ratings include their previous year’s size and shape, the regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria.
About Seventy2 Capital
Seventy2 Capital is a full-service, independent wealth management practice committed to supporting individuals, families, and business owners to achieve their financial goals. We are passionate about the work we do for our clients. We form a deep understanding of our client’s goals and values and then develop and implement customized strategies that fit those objectives.
About Wells Fargo Advisors Financial Network
For more than 20 years, Wells Fargo Advisors Financial Network (FiNet), the independent brokerage arm of Wells Fargo & Company, has simplified independence by partnering with successful financial advisors and fostering a mutual passion for doing what's right for clients. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. www.wfafinet.com
Seventy2 Capital Wealth Management is a separate entity from Wells Fargo Advisors Financial Network.
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