Local Resident Nationally Recognized on Forbes' Inaugural List

S. Wesley Carpenter, CPWA®, CFP®, ChFC®, CRPC®, First Vice President, Wealth Management Advisor, and Resident Director of the Fairhope, AL Merrill Lynch Wealth Management office, was recently named to Forbes’ inaugural “America’s Top Next Generation Wealth Advisors” list. Co-founder of the THE HARTY CARPENTER GROUP, Carpenter works closely with clients to design personalized investment and retirement income strategies for longevity, including retirement income planning, alternative investments, estate planning, and more. The list, developed by SHOOK Research, acknowledges the industry’s future leaders, who were born in 1980 or later.

Carpenter, who has been in the financial services industry for 13 years, graduated from The University of Alabama with a Bachelor of Science in Commerce & Business Administration in Finance and a minor in Economics. In his free time, he enjoys Alabama Football, offshore fishing, golfing and spending time with his wife and two sons.

Additionally, Carpenter is very active on the Eastern Shore including: St. Lawrence Catholic Parish, Rotary Club of Mobile, Estate Planning Council, Eastern Shore Art Center (Board Member), Alabama Planned Giving Council (Board Member), Business Council of Alabama, Eastern Shore Chamber of Commerce, Mobile Big Game Fishing Club, Mobile Touchdown Club, Red Elephant Club and Sigma Nu Alumni Association.

According to Forbes, to qualify for this ranking, advisors must have been born in 1980 or more recent; and Forbes/SHOOK considered advisors building their own teams, and those on teams that are likely to assume a leadership position. In addition, advisors were interviewed by telephone and in person, and measured qualitatively, examining service models, investing processes, experience levels and integrity. Each advisor completes a lengthy survey and factors considered include: compliance records, client retention, revenues produced for their firms and assets managed.