Skip to main content

Beacon Trust Named One of America’s Top RIA Firms by Forbes in Combination with SHOOK Research

Written by Customer Service on . Posted in Public Companies.

The second annual ranking includes 250 advisory firms with cumulative assets of more than $1.1 trillion

MORRISTOWN, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) — Beacon Trust, a full-service wealth management firm, announced it has been named on the Forbes ranking of America’s Top RIA Firms, developed by SHOOK Research.

The list of top registered investment advisory (RIA) firms is based on an independent national survey conducted by SHOOK Research, including qualitative and quantitative factors, compliance records, revenue produced, and telephone and in-person interviews.

“I am thrilled that the Forbes ranking of America’s Top RIA Firms has recognized Beacon Trust, which is truly a testament to our commitment to excellence in wealth management,” said Valerie Murray, president of Beacon Trust and chief wealth management officer of Provident Bank. “This accolade reflects our team’s expertise and the trust that our clients place in us and affirms our position as a leading firm in the industry.”

Beacon Trust provides a comprehensive offering of services, including investment advisory, financial planning, tax compliance and planning, trust and estate administration, as well as banking and insurance services through Provident Bank, the parent company of Beacon Trust.

SHOOK’s algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience, and best practices and approaches to working with clients.

Click here for the full methodology.

About Beacon Trust
Based in Morristown, New Jersey, Beacon Trust is a full-service wealth management firm, which together with Beacon Investment Advisory Services, Inc., has approximately $4 billion in assets under administration and decades of proven success, superior solutions and exceptional client service. The firm focuses on helping its clients attain, preserve and expand their assets through customized wealth management planning. Beacon Trust Company is a wholly owned subsidiary of Provident Bank which, in turn, is a subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $14.09 billion as of September 30, 2023.

Media Contact:
Keith Buscio
732-504-9407
Keith.buscio@provident.bank

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.