investor.com Releases its 2020 Top Charitable Financial Advisor Firms in the Nation List

ROYAL OAK, Mich. - June 10, 2020 - PRLog -- The world and business as we know it has drastically changed in the last few months. Navigating these unchartered waters has been difficult for not only financial advisory firms, but the customers and organizations they serve.

investor.com, a consumer advocacy website, has announced that 108 firms in the nation were named to its first-ever 2020 Top Charitable Financial Advisor Firms in the Nation List. Only 108 firms in the country were selected.

"Our mission at investor.com is to be a trusted resource for Americans researching and comparing financial advisors," said Jessica Hoelscher, director of data and research at investor.com. "investor.com has a strong focus on consumer advocacy and because of this, we feel it is important to highlight and recognize firms that are committed to helping charitable organizations. Oftentimes, these acts of service are not brought to the forefront, and we are taking this opportunity to recognize these 108 firms for going above and beyond for charitable organizations."

The 2020 Top Charitable Financial Advisor honorees were not nominated, and the selection process was not "pay-to-play"; in fact, the firms had no idea they were even in the running for this honor.

In order to select the list, investor.com's research team analyzed 28 million data points from more than 7,000 Registered Investment Advisors (RIAs) and applied the following qualifiers:

·      The firm must be Trusted by investor.com according to the Trust Algorithm (https://investor.com/trust-algorithm).
·      The firm must have a clean disciplinary history.
·      The firm must have at least 10% or greater of its total client base with charitable organizations.
·      The firm must have at least 10% or greater of its total AUM with charitable organizations.

The honor of being named to this list is not lost on the firms that have dedicated themselves to supporting the work of nonprofits, such as Harpswell Capital Advisors in New Gloucester, Maine.

"Harpswell is dedicated to serving nonprofits and is pleased investor.com understands the importance of our commitment," said Harpswell Capital Advisors Managing Partner Jack Moore. "We appreciate being acknowledged by investor.com for our dedication to charitable institutions, foundations and not-for-profits."

The Top Charitable Financial Advisor Firms in the Nation list can be found at https://investor.com/charitable-organizations.