Callan Family Office, a registered investment advisor specializing in ultra-high-net-worth families, has secured a spot on the prestigious 2024 Forbes/SHOOK list of America's Top RIA Firms for the second year running. This recognition comes as the firm celebrates significant milestones and expansions in its service offerings, solidifying its position as a leader in wealth management for affluent clients.
The Forbes/SHOOK list, which features 250 firms managing over $1.6 trillion in assets, is compiled through a rigorous selection process involving thousands of nominations, interviews, and in-depth reviews. Callan Family Office's inclusion on this list for two consecutive years speaks to its consistent performance and client satisfaction in a highly competitive field.
Jack Ginter, Chief Executive Officer of Callan Family Office, expressed pride in the recognition, stating, "We are honored to once again be included on the Forbes/SHOOK list, which recognizes the nation's top RIAs." Ginter emphasized the firm's deep experience in working exclusively with ultra-high-net-worth families, highlighting their understanding that managing substantial wealth requires strategic thinking, careful planning, and access to unique solutions.
Launched in 2022, Callan Family Office has quickly established itself as a formidable player in the wealth management industry. The firm's focus on providing objective advice and counsel to ultra-high-net-worth families, foundations, and endowments is driven by a commitment to innovation, research, technology, and education. With 23 partners, the company aims to help families successfully manage their future, achieve their purpose, and realize their full potential.
In the first three quarters of 2024, Callan Family Office achieved several notable milestones that underscore its growth and expansion. The firm surpassed $6 billion in assets under administration, a significant threshold that demonstrates its increasing influence in the wealth management sector. Additionally, Callan Family Office launched a business & transaction advisory unit to support business owners considering transacting or transitioning their businesses, addressing a crucial need for many of its high-net-worth clients.
The firm also expanded its service offerings under the Endure family governance and education program, recognizing the importance of comprehensive wealth management that goes beyond financial advice. Furthermore, Callan Family Office introduced financial administration services tailored specifically for ultra-high-net-worth families, further cementing its position as a one-stop solution for complex wealth management needs.
These developments highlight the firm's commitment to innovation and its ability to adapt to the evolving needs of its clientele. The recognition by Forbes and SHOOK Research validates Callan Family Office's approach and positions it as a trusted advisor in the ultra-high-net-worth segment of the financial services industry.
The inclusion of Callan Family Office on the Forbes/SHOOK list is particularly noteworthy given the extensive screening process involved. Out of 46,212 nominations, SHOOK conducted 21,417 telephone interviews and reviewed thousands of RIAs through in-person or virtual exchanges. This thorough vetting process ensures that only the most reputable and effective firms make the final list.
For ultra-high-net-worth individuals and families seeking wealth management services, Callan Family Office's repeated recognition on this prestigious list serves as a strong indicator of the firm's capability to handle complex financial situations and provide tailored, high-quality advice. As the wealth management landscape continues to evolve, firms like Callan Family Office that can demonstrate consistent excellence and innovation are likely to remain at the forefront of the industry.
The achievement also reflects broader trends in the financial services sector, where specialized expertise and a holistic approach to wealth management are increasingly valued. As ultra-high-net-worth clients face complex challenges ranging from business transitions to intergenerational wealth transfer, the demand for sophisticated, comprehensive advisory services is expected to grow.
Callan Family Office's success story serves as a benchmark for other firms in the industry, illustrating the importance of combining traditional financial acumen with innovative services and a deep understanding of client needs. As the firm continues to expand its offerings and grow its assets under administration, it is
