These are the top 40 regional brokers under 40 in 2023

Note: To see the list of top 40 brokers under 40, click here.
Also, see 2022's overall top 40 and the 2022 regional list.

With our annual rankings, Financial Planning recognizes the industry's top-producing young financial advisors among wirehouses and regional firms. 

The Top 40 Regional Brokers Under 40 produced $94.9 million in collective annual revenue, an average of $2.4 million each, in trailing 12-month production from Oct. 1, 2021 through Sept. 31, 2022. They collectively managed $13 billion in client assets as of that latter date. 

Compared to last year's group of top young regional brokers, the cohort's productivity bumped up 9% from $87.3 million. But client assets fell 13% from last year's $15 billion as markets went south.

Financial advisors who earned a spot in the 2023 rankings come from seven different firms: Ameriprise, RBC, Raymond James and Associates, Baird, William Blair, Janney Montgomery Scott and Oppenheimer.

Among regional firms, Ameriprise leads again with nine brokers in this year's list, followed by RBC in second with eight representatives, and Raymond James in third with seven. 

Top 40 Under 40

Top advisors reveal how wirehouses can retain the best young talent

February 1, 2023 1:36 PM

A note on methodology: Nominees for the rankings were age 39 or younger as of Dec. 31, 2022, and were registered with a wealth management firm in the employee channel. FP uses production totals that are verified by each broker's employer to determine the rankings. The reported trailing 12-month production and AUM are as of Sept. 31, 2022.