Annual ranking of top registered investment advisors includes more than 400 firms
FALLS CHURCH, Virginia (July 23, 2024) – Azzad Asset Management has once again been named in Financial Advisor Magazine’s annual ranking of largest registered investment advisors in the United States. This year, Azzad Asset Management was listed as the 236th largest RIA in the country. Today’s announcement marks seven straight years of making the list.
The firm said in a statement:
“Being named to the Financial Advisor RIA ranking is always a mark of distinction for our firm. We thank our clients, partners and employees for their continued trust and support throughout the years. We are grateful to receive this recognition and congratulate our peers included on the list.”
FA‘s RIA Ranking is an independent listing produced by Financial Advisor Magazine. It is based on data gathered by Financial Advisor from RIA firms. Neither the RIA firms nor their employees pay a fee to Financial Advisor to be included in the listing.
The annual survey is performed by Financial Advisor Magazine as a means of measuring growth among independent advisors across the country. Firms must be registered investment advisors and provide financial planning and/or related services to individual clients. All firms must be either independently owned or a freestanding subsidiary of another business.
Data is provided by each firm, primarily from numbers and information published on regulatory forms, including the amount of assets under management. Each advisor is then ranked alongside their participating peers.
Azzad Asset Management was listed as a Top RIA by Financial Advisor magazine in 2024. Awarded July 2024. Results based on discretionary and non-discretionary assets under management as reported in the Form ADV of the 431 eligible firms. To be eligible, firms must provide financial planning and related services to individual clients, be independently registered investment advisors, file an ADV statement with the SEC, and have at least $1 billion in assets under management as of December 31, 2023, based on their ADV filing with the SEC. Azzad did not pay to participate in any of the above rankings. No direct or indirect compensation has been provided by Azzad for participation. Third-party awards, rankings and recognition should not be construed as a client endorsement or as an indication of future performance. SEC Registration does not imply a certain level of skill or training.
About Azzad Asset Management
Since 1997, Azzad has been committed to providing investment services designed to help people enjoy optimum performance without compromising their Islamic values. In addition to investment management, the firm offers holistic financial planning services to American Muslim families across the United States. For more information, visit azzadasset.com.
