April 2023
USA Today, describing the Registered Investment Advisors (RIAs) on the list, said: “These are companies that have a fiduciary duty to act in their clients’ best interest at all times. They charge fees rather than sales commissions and employ investment advisor representatives (IARs) who are licensed to give financial advice.”
There were more than 32,000 RIA firms in the U.S. at the end of 2021. USA Today and Statista Inc. included 500 firms on this list. One Day In July is the sole Vermont-based financial advisory firm to be included.
USA Today went on to say: “Other types of financial firms, such as broker-dealers, earn commissions from selling you products – such as stocks, bonds, or mutual funds – and only have to provide advice that’s suitable for their clients. That means the investments they recommend should not be inappropriate, but they don’t necessarily have to meet the client’s objectives. A broker-dealer can, for example, recommend investment products that could potentially be more expensive than competing products, allowing the person to earn a fee.”
This award is presented by USA Today and Statista Inc., the world-leading statistics portal and industry ranking provider. The award list was announced on April 26, 2023 and can currently be viewed on the USA Today website.
This award was published on April 26, 2023 on usatoday.com. One Day In July LLC was notified of
its status as an award winner being included on USA Today’s Best Financial Advisory Firms 2023 list
on March 15, 2023. Firms being awarded with placement on the list are determined by
recommendations from clients and peers and a firm’s growth of Assets under Management (AUM).
ODIJ did not pay an application fee to be considered for inclusion on this list. ODIJ is not affiliated
with USA Today or Statista Inc. ODIJ licensed the use of this logo through a payment to Statista Inc.