Walsh & Associates CEO Joseph Walsh was once again ranked among the Forbes Best-In-State Wealth Advisors for the third year in a row. Advisor rankings are based on quantitative and qualitative factors such as quality of assets under management; client retention and other client-related data; “best practices” within the advisor’s practice and approach to working with clients; and credentials. The Forbes Best-In-State Wealth Advisors 2022 spotlights more than 6,500 top advisors across the country who were chosen from almost 35,000 advisor nominations. Walsh ranked #13 out of 63 in the Tampa Area of Florida.
Walsh is pleased that his independent family firm is ranked alongside mostly multinational financial services companies, or what he calls “the big boys.” After all, Finance is Walsh’s second act; 40 years ago, he was a successful restaurateur entering the field of Finance simply to learn how to manage his restaurant’s profits. But with his newfound knowledge, Walsh became a go-to for friends and family with personal finance questions, who then told their friends and family to "go ask Joe—he'll know." In 1986, as word spread of his willingness to help others sort their financial lives, Walsh established Walsh & Associates for people seeking financial guidance without product or sales influence. The personal gratification he received as an advisor set him on a new path, and Walsh sold his restaurant in 1994 and turned his part-time wealth management business into his full-time career.
An even greater source of pride for Walsh than the recognition for simply doing what he loves is that he has been joined at Walsh & Associates by his three sons Joe III, Michael, and Tom. After 36 years, clients are still sending their friends and family to "go ask Joe," but they now also include “or Joe III, or Michael, or Tom.”
In addition to his role as advisor and CEO of Walsh & Associates, Walsh is a volunteer instructor for Adult & Community Enrichment (ACE) at Suncoast Technical College. His classes cover many of the same topics broached with clients, like Social Security strategies, estate planning and the transition to retirement. He also serves the Finance industry as a member of the Investments & Wealth Institute (formerly IMCA) Certification Item/Test Form Review Task Force.
Walsh has an MBA in Finance and CFP®, CFA®, CTFA, AIFA®, CRPC®* and CPWA® designations.
*CRPC conferred by College for Financial Planning.
Forbes Best-in-State Wealth Advisors ranking was developed by SHOOK Research and is based on in-person, virtual, and telephone due diligence meetings to measure best practices; also considered are: client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: 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 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.
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