Forbes Names Destiny Wealth Partners to List of Top 250 RIA Firms

Destiny Wealth Partners has been named to the third annual Forbes ranking of America’s Top RIA Firms, developed by SHOOK Research.

 

The ranking, published by Forbes on October 8, 2024, highlights the top 250 advisory firms that have “strong track records when it comes to stewarding client wealth and preserving it for the long term.”

 

Destiny Wealth Partners is an independent RIA based in Central Florida, which conducts business as Destiny Family Office, Ruggie Wealth Management and Nichols Wealth Partners. Founded by CEO Thomas Ruggie, ChFC®, CFP®, a 30+ year veteran of the financial industry, the firm has also been ranked #1 in North Florida in the list of Forbes 2024 Best-in-State Wealth Advisors, and was recently named the 2024 InvestmentNews RIA Team of the Year. 

 Shook Research’s focus on how each client is actually treated by their independent advisor has led them to measure processes that are inherent in each client relationship, the team’s purpose and the underlying culture seen at all levels. They look closely at the leadership who is primarily responsible for shaping the client’s experience, and question, “Would we recommend this firm (or individual) to a friend or family member? 

 

“Quality is always first; if we’re going to include a firm (or advisor) on our rankings, we have to make sure everyone is of the highest quality.”

 

The Forbes ranking, is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual and in-person due diligence interviews, and quantitative data. The algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices and approach to working with clients. 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.