McCall & Associates is proud to announce that our team has been named to Forbes Best-In-State Wealth Management Teams for 2023.
McCall & Associates is a boutique financial planning and investment management firm based in Brentwood, TN. Our mission is to holistically serve individuals and families in an objective and unbiased way.
McCall & Associates is led by Barry McCall, CFP®, CPWA®, who is a senior partner and principal of the firm. Joining Barry on the leadership team is Steve Alverson, MBA, CFP®, a senior partner and lead advisor at McCall & Associates. The third member of our advisory team is Austin Coley, CFP®, who also works to serve clients as a lead advisor. McCall & Associates is supported by a wonderful staff including Stephanie Busby, FPQP®, a registered sales assistant and Paraplanner, and Megan Sides, our client relationship manager.
As of January 2023, McCall & Associates has over 60 years of combined experience in the financial services industry, is responsible for more than $350 million in assets under management, and serves clients from over 30 states. The firm also has a strategic relationship with First National Bank in Tennessee and Alabama.
“Our team is humbled and honored to be named among the state of Tennessee’s best wealth management teams for 2023,” said Barry McCall. “The recognition by Forbes is a testament to the quality of person we employ and the way they serve our clients. Most importantly, we’re grateful for all of the families who have trusted us to step alongside and serve them as they navigate their financial journey.”
“When I joined Barry ten years ago, it became our mission to grow a team of the highest quality that would provide immense value to our clients”, said Steve Alverson. “The recognition from Forbes is humbling and validation that we are taking the right steps to accomplish our goal.”
The following information is sourced directly from the Forbes Best-In-State Wealth Management Teams 2023 methodology. You can read the full methodology here.
The rankings, created by SHOOK Research, involved a close examination of the entire team, from its purpose to its culture and skillset. According to the methodology, quality should always be first. If they were going to include a team on their rankings, they had to make sure everyone is of the highest quality and answered yes to the question “Would we recommend this team (or individual) to a friend or family member?”
The Forbes ranking of America’s Top Wealth Management Teams, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual and in-person due diligence interviews, and quantitative data. This qualitative criteria focus on studying each team’s best practices—service models, investing process, team construct, skill sets, etc. The algorithm also weighs factors like revenue trends, assets under management, compliance records. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings.
SHOOK scours the financial services industry for nominations. SHOOK accepts advisors who meet pre-determined minimum thresholds and acceptable compliance records. As of this date, SHOOK has received nearly 37,846 nominations—advisors who meet SHOOK’s thresholds.
Unlike other advisor rankings, SHOOK is not a “robo-ranker”—numbers such as production and assets don’t tell the whole story, especially when much of the data is self-reported. SHOOK Research creates rankings of role models—teams that are leading the way in offering best practices and providing a high-quality experience for clients. A focus on both quantitative and qualitative factors, including telephone and in-person meetings, is imperative.
SHOOK Research is the only ranking firm that interviews teams and advisors via telephone and in person at the firm’s location.
The 2023 Forbes ranking of America’s Top Wealth Management Teams Best-In-State, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 4/1/2021 to 3/31/2022 and was released on 01/12/2023. Advisor teams that are considered must have one advisor with a minimum of seven years of experience, have been in existence as a team for at least one year, have at least 5 team members, and have been nominated by their firm. The algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 8,000 team nominations, 2,860 advisor teams received the award based on thresholds. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please see https://www.forbes.com/lists/list-directory/#470ac626b274 for more info.