All of us at The Price Group are honored to be recognized by Forbes as the #30 Wealth Management Team in Texas - South for 2024. Over 10,000 wealth management teams applied for this distinguished recognition, and we consider it a great privilege to be recognized by Forbes.
Matt and I spent some time reflecting over the past few weeks. We are humbled that we welcomed over two dozen new client families to The Price Group in 2023. To provide context, according to a recent study by PriceMetrix, the average financial advisor loses 5% - 10% of their clients each year. Here at The Price Group, our client retention rate has been over 99% for the last 5 years. We do not say this to brag or “pat ourselves on the back” but we share this to say thank you for your kind referrals. A referral is the highest compliment we can receive, and we appreciate you sharing our name with family, friends, and colleagues.
While we have experienced controlled growth over the past five years, we promise again that our service level and value proposition will not waver to our clients. We will continue to strive to know every client family on a personal level. As a result of our growth, we are pleased to announce that we will be adding a new team member to The Price Group this spring. Our goal is to always be “over-staffed” to meet the needs of our clients.
To our clients who are already familiar with The Price Group, it is a privilege to serve you. We are very grateful for your continued personal and professional trust.
For those exploring our firm, we are honored to be considered for your retirement planning and investment management needs. Everyone has a unique story – we hope to become an integral part of yours and exceed your expectations every step of the way.
About the Author
Randy Price serves as a Partner and an Executive Managing Director for The Price Group of Steward Partners. He resides in Houston with his wife, Lindy, and the family golden retriever. Lindy and Randy are recent empty nesters as their five children have all moved out of the house. Over the past 30+ years, Randy has helped families find comfort, confidence, and clarity regarding their wealth and their legacy. Randy firmly believes everyone needs a wealth coach!
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Source: Forbes.com (January, 2024). Forbes Best-in-State Wealth Management Teams ranking was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of each team’s best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and team, and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. SHOOK is a registered trademark of SHOOK Research, LLC.
The members of The Price Group are not employees or registered representatives of Raymond James Financial Service
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