The list is led by Greenwich, Conn.-based Jeff Erdmann of Merrill.
By Sreekanth A Nair
Four Indian-origins personalities have been featured in the list of America’s top wealth advisors by the Forbes magazine. According to the Forbes magazine, these 200 members in the list collectively manage $675 billion.
While Raj Sharma of Indian origin ranked 17th, Ash Chopra has been placed 129th on the list. Both of them work for the Merrill Lynch-Private Banking & Investment Group.
Sonny Kothari of Merrill Lynch Wealth Management has been ranked 176th and Raju Pathak of Morgan Stanley Wealth Management is ranked number 184.
The list is led by Greenwich, Conn.-based Jeff Erdmann of Merrill (1) and a pair of Manhattan-based wealth gurus in Morgan Stanley’s Brian Pfeifler (2) and UBS’ Christopher Errico (3).
“The 200 members of Forbes’ 2016 list of America’s Top Wealth Advisors collectively manage $675 billion, serving clients that range from Silicon Valley billionaires and Wall Street titans to small business owners and family fortunes,” Forbes said.
While some advisors cater to small investors, there are some who manages the huge wealth of rich people. The list dominates the advisors affiliated with big wirehouses like Morgan Stanley, Merrill Lynch, and UBS.
“Most great fortunes have their roots in hard work, brilliant business decisions or savvy investing somewhere along the way (more often than not all three), but once the money is made, growing, preserving and passing it on to the next generation becomes paramount. That’s where a wealth advisor can come in handy,” Forbes said.