Merrill Lynch Advisor Named on Forbes "Best-in-State" List

Merrill Lynch has announced that Financial Advisor Leo Stevenson has been recognized on the Forbes “Best-in-State Wealth Advisors" inaugural list, published on February 15, 2018. In all, 639 Merrill Lynch advisors are included on this year’s list, the most of any firm.

Leo, managing director, wealth management in the Merrill Lynch Wyandotte, Michigan office, was also named to the Forbes Top 250 Wealth Advisors list in 2017. Leo has trained over 500 Merrill Lynch financial advisors across the United States on practice management. Leo earned his bachelor’s degree in finance from Michigan State University

“We are incredibly proud of Leo and his recognition on this list, and believe he consistently demonstrates what it means to be a leader in the wealth management space through strong dedication to a high standard of service for our clients,” said David Jennings, Merrill Lynch Market Executive for Southeast Michigan/ Northwest Ohio.

The Forbes "Best-in-State Wealth Advisors" ranking was developed by SHOOK Research and is based on in-person and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: 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. Rankings are based on the opinions of SHOOK Research, LLC and not representative nor indicative of any one client’s experience, future performance, or investment outcome. Neither Forbes nor SHOOK Research receives compensation in exchange for placement on the ranking.

Leo has also been named to the Barron’s list of Top 1,200 advisors for four continuous years.