Jeffrey Fratarcangeli, managing principal of Fratarcangeli Wealth Management in Bloomfield Hills, was ranked number one in Michigan on Forbes’ 2023 Best-in-State Wealth Advisor for Private Wealth list for the third consecutive year.
He also placed 34th on Forbes’ Top 250 Wealth Advisors (also known as the Top Wealth Advisors) list. Fratarcangeli is a 28-year industry veteran and managing principal of Fratarcangeli Wealth Management.
“Our team’s greatest focus is providing our clients with the highest level of service while helping them meet their family’s financial goals,” says Fratarcangeli. “I believe being ranked number one by Forbes in Michigan for Private Wealth on their Best-In-State Wealth Advisors list is a testament to our team’s commitment to our clients.”
According to Forbes, the ranking of Best-In-State Wealth Advisors and America’s Top Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria learned through telephone, virtual, and in-person due diligence interviews, and quantitative data such as revenue trends and assets under management.
The algorithm additionally weighs factors such as service models, compliance records, and industry experience and focuses on those that encompass best practices in their approach to working with clients.
Fratarcangeli Wealth Management serves more than 500 households across
its Florida, Indiana, Michigan, and New York offices. The team’s assets under management as of Dec. 31, 2022, was $3.53 billion.
