Third-party rankings and recognitions do not predict future investment success and do not ensure that a client or prospective client will experience a higher level of performance results. These rankings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation.
Important information about awards and rankings:
In each case shown, Evoke Advisors responded to a survey from the sponsoring organization. In no case does Evoke Advisors pay a fee to be considered for an award or to participate in rankings. Further, Evoke Advisors is not required to be a subscriber to Barron’s, Financial Advisor Magazine, Forbes, or any other group to be included in their rankings or awards.
These rankings should not be interpreted as an endorsement and no ranking or award implies any level of skill or training. Rankings and recognition are no guarantee of the advisor’s, or Evoke’s, future investment success. Evoke is not affiliated with Forbes/SHOOK®. Past performance does not guarantee future results.
Forbes America’s Top RIA Firms:
Evoke was ranked No. 1 on Forbes’ “America’s Top RIA firms” list in 2022, 2023, 2024, and 2025
*Source: The Forbes “America’s Top RIA Firms” list published by Forbes/SHOOK® Research, LLC (“SHOOK®”). Ranking published on October 25, 2022, and based on data as of December 31, 2021, as provided by SHOOK®. Ranking published on October 10, 2023, and based on data as of March 31, 2023, as provided by SHOOK®.
Ranking published on October 8, 2024, and based on data as of March 31, 2024, as provided by SHOOK®.
Ranking published on October 1, 2025, and based on data as of March 31, 2025, as provided by SHOOK®.
Evoke neither received from nor provided compensation to Forbes/SHOOK® with respect to this ranking.
For the 2025, 2024, 2023 and 2022 Forbes “America’s Top RIA Firms” rankings, Forbes accepted advisors who met pre-determined minimum thresholds and acceptable compliance records. America’s Top RIA Firms ranking is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual and in-person due diligence interviews, and quantitative data. The algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices and approach to working with clients.
These rankings should not be interpreted as an endorsement and no ranking or award implies any level of skill or training. Rankings and recognition from Forbes are no guarantee of the advisor’s, or Evoke’s, future investment success. Evoke is not affiliated with Forbes/SHOOK®. Past performance does not guarantee future results. Click for additional information on the Forbes methodology.
Evoke is not affiliated with Forbes/SHOOK®. Past performance does not guarantee future results.
Barron’s Top RIA Firms:
On September 12, 2025, Evoke Advisors ranked 45th out of 100 firms on the Barron’s Top RIA Firms list (44th out of 100 in 2024, 51st out of 100 in 2023, 50th out of 100 in 2022, 49th out of 100 firms in 2021). To be considered, applicants were required to complete a detailed survey of more than 100 questions, based on information provided as of June 30, 2025, with the firm’s ADV informing the majority of responses. Firms were also required to meet a number of other specified requirements to be eligible for inclusion. Barron’s evaluated 199 submissions from pre-qualified firms. Firms were ranked based on assets managed by the firms, growth, technology spending, succession planning, and other metrics. In 2024, rankings calculations were adjusted to prioritize organic growth, a better measure of quality, over mergers-and-acquisitions growth, which could be distorting. For their list of mega RIAs, they selected firms that manage 2% or more of the total assets of all ranking applicants with a threshold of $70 billion in assets.
https://www.barrons.com/advisor/report/top-financial-advisors/ria.
Financial Advisor Magazine 2025 RIA Ranking
Evoke Advisors ranked 27th out of 366 firms on the Financial Advisor Magazine America’s Top RIA Ranking (category #1 billion+ AUM) (24th out of 399 in 2024, 14th out of 309 in 2023).
Financial Advisor Magazine’s annual list of America’s Top RIAs is based on assets under management (AUM) at independent RIA firms. This ranking includes firms with AUM exceeding $500 million as of December 31, 2024, for the print edition of Financial Advisor magazine’s 2025 RIA survey. FA’s RIA survey is a ranking based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. Evoke Advisors does not pay a fee to be considered for an award or to participate in rankings.
Barron’s Top 1200 Advisors
On March 13, 2025, David Hou ranked 11th out of 120 advisors in California, Alex Shahidi ranked 65th out of 120 advisors in California, Mark Sear ranked 78th out of 120 advisors in California, and Andrew Palmer ranked 87th out of 120 advisors in California (In 2024, David Hou ranked 14th out of 120 advisors in California, Alex Shahidi ranked 64th out of 120 advisors in California, Mark Sear ranked 67th out of 120 advisors in California, and Andrew Palmer ranked 75th out of 120 advisors in California; In 2023, David Hou ranked 17th out of 120 advisors in California, Alex Shahidi ranked 65th out of 120 advisors in California, Mark Sear ranked 93rd out of 120 advisors in California, and Andrew Palmer ranked 78th out of 120 advisors in California).
The rankings are based on data provided by over 7,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, and quality of practice. Barron’s also considers a wide range of qualitative factors, including the advisors’ experience; their advanced degrees and industry designations; the size, shape, and diversity of their teams; their charitable and philanthropic work; and their compliance records. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities. The rankings are meant as a starting point for clients looking for an advisor; it can help investors narrow a search.
Link to methodology page: https://www.barrons.com/advisor/articles/barrons-methodology-for-ranking-financial-advisors-c4831b04
Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance results. These rankings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation.
