Top Financial Advisers 2012
Need help navigating today's economy? We found 13 Main Line experts perfectly suited for this bumpy ride through the recession.
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Raymond James and Associates, 401 City Ave.,
Suite 700, Bala Cynwyd; (610) 668-1402, raymondjames.com/philadelphiapa
Average AUM per client: $695,000
Average number of clients per adviser: 250
Specialties of note: Retirement planning, financial planning, risk management, portfolio management, comprehensive wealth management.
Risk and discretion aren’t your typical pairing, but tactical managers like Norman Nelson know how to marry the two. Asset protection in a down market is a top priority, and Nelson and his team have an armory of strategic-planning expertise to handle any situation
“My business is over 90-percent discretionary, which means people entrust me by providing me power of attorney to make decisions on their behalf,” says Nelson. “I’m a tactical manager. I adjust asset allocation as needed to change the risk in an account.”
With the Main Line’s higher-than-average net worth and its glut of educated investors, Nelson rarely has a dull day in the office. “I understand human psychology, economic cycles and finance history,” he says. “With this perspective, I’m able to make prudent decisions on behalf of my clients.”