Parcion Private Wealth CEO Terry Cook Listed on the Barron’s Top Advisor List
Thank you, Terry, for your leadership, drive, and dedication. This award is well deserved!
Terry Cook, CFP®, CIMA® was ranked #7 in Washington for Barron’s annual Top 1200 Financial Advisor in America ranking, issued on March 10, 2023 by Barron’s. The award was announced in 2023 and is based on data as of 09/30/2022. Barron’s annual Top 1200 Financial Advisors in America ranking was developed by Barron’s. The rankings calculations have three major components: assets under management, revenue, and quality of practice. The financial results used in the calculations are as of September 30, 2022. According to Barron’s, assets under management and revenue are two good indicators of client satisfaction. Clients who like the way their advisors manage their assets tend to give them more to manage, and they also refer friends and family to their advisors. When clients are happy with the value they’re receiving from an advisor, they’re unlikely to ask for a reduction in the fees they’re charged, and the advisor’s revenue will remain stable or grow. The third general component of the rankings—quality of practice—is based on a constellation of questions aimed at evaluating an advisor’s character. These questions address regulatory records, professional experience, education, community involvement, and more. Investment performance isn’t an explicit ranking criterion because returns are directly affected by the risk appetites of individual clients. For more information, please see These Are America’s Top 1200 Advisors. Parcion Private Wealth paid no compensation directly or indirectly in connection with obtaining or using the third-party rating.