Author: Nate Moster

CHICAGO, Ill., May 13, 2021 – Arete Wealth has again been named a top Independent Broker-Dealer, according to two separate surveys conducted by national industry news outlets.

The first ranking awarded was based on firms participating in InvestmentNews’ annual independent broker-dealer survey. In comparison to other firms providing data, Arete Wealth ranked in the top 50 for overall revenue, rising 5 spots from 2020’s rankings to number 43. This jump in status afforded the firm the number three spot in the greatest percentage change in revenue from 2019 to 2020, with nearly 24% growth in revenue year-over-year.

The second standing from FA’s Independent Broker-Dealer Rankings 2021 also places Arete Wealth in the 43^rd position with a different set of reporting firms. In comparison to their ranking in the same survey last year, Arete Wealth rose 12 spots higher in overall revenue reported.

“I’m both proud and optimistic about our performance in these industry surveys,” said Arete Wealth Founder and CEO Joshua D. Rogers. “Our firm’s continued growth is just one of the many ways we strive to make ourselves remarkable in wealth management.”

More details on the InvestmentNews and FA rankings can be sourced from each publication, respectively.  

About Arete Wealth

Arete Wealth is a full-service broker-dealer, registered investment advisor, and insurance firm. The firm has smartly guided advisors and high-net-worth investors through alternative investment access, investment banking, private equity programs, and other traditional financial planning since 2007. Annually, the firm ranks as one of the country’s top independent Broker-Dealers across multiple industry surveys*. Headquartered in Chicago, Arete Wealth investments and services are offered through 100 offices and 265 registered advisors nationwide. Find out more at www.aretewealth.com.

*Based on revenue growth as noted in InvestmentNews, Financial Planning, Financial Advisor & WealthManagement.com, 2019 – 2021. Arete Wealth Advisors LLC and Arete Insurance Agency LLC are affiliates of Arete Wealth Management, LLC. Advisory services offered through Arete Wealth Advisors, an SEC registered investment advisor. Securities offered through Arete Wealth Management, LLC, member FINRA and SIPC.

AH: The last few months have been unprecedented and unexpected, a perfect storm if you will, of management challenges both on the employee and client level. You have had to deal with employee safety issues that no CEO has training for, a complete shift in how we do business every day, and  directly correlated market upheaval. What have you implemented at your firm to address this dual threat–Take coronavirus first:

JR: Arete Wealth has 35 branches across the nation, and our home office in Chicago supports each of them. We stay in sync with state mandates, city ordinances and other pandemic-related precautions happening at local levels. Those ordinances are heeded and enforced. For our own headquarters where I am based – as well as across the country – we have implemented work-from-home policies employees can utilize to ensure their safety. Virtual meetings were normalized before, but are more important than ever to keep us connected to our advisors, their offices, and their investors. 

It goes without saying the health of our teams and their communities is a top priority. As we continue to standardize health and safety measures in our workplaces, we are grateful to be moving ahead through these times.

AH: How about the continuing market volatility? What are you telling your advisors to do/ what are you hearing from clients?

Read the full interview on AdvisorHub.

The world of investing normally sees experts telling us the “right” way to manage our money. How often do these experts pull back the curtain and tell us how they invest their own money? Never. How I Invest My Money changes that. In this unprecedented collection, 25 financial experts share how they navigate markets with their own capital. In this honest rendering of how they invest, save, spend, give, and borrow, this group of portfolio managers, financial advisors, venture capitalists and other experts detail the “how” and the “why” of their investments. They share stories about their childhood, their families, the struggles they face and the aspirations they hold. Sometimes raw, always revealing, these stories detail the indelible relationship between our money and our values. Taken as a whole, these essays powerfully demonstrate that there is no single “right” way to save, spend, and invest. We see a kaleidoscope of perspectives on stocks, bonds, real assets, funds, charity, and other means of achieving the life one desires. With engaging illustrations throughout by Carl Richards, How I Invest My Money inspires readers to think creatively about their financial decisions and how money figures in the broader quest for a contented life.

See the CNBC article.

With contributions from: Morgan Housel, Christine Benz, Brian Portnoy, Joshua Brown, Bob Seawright, Carolyn McClanahan, Tyrone Ross, Dasarte Yarnway, Nina O’Neal, Debbie Freeman, Shirl Penney, Ted Seides, Ashby Daniels, Blair duQuesnay, Leighann Miko, Perth Tolle, Josh Rogers, Jenny Harrington, Mike Underhill, Dan Egan, Howard Lindzon, Ryan Krueger, Lazetta Rainey Braxton, Rita Cheng, Alex Chalekian.

Josh Rogers’ attitude toward success and failure took shape while reading a book titled The Success Principles, authored by mega-selling author Jack Canfield, who broke big with the publication of his first book (co-authored with Mark Victor Hansen), Chicken Soup for the Soul.

“I read it, more or less, right when I was beginning my professional career,” says Rogers, the founder and CEO of Arete Wealth Management. “He wrote this one thing I have never forgotten, that unsuccessful people think the universe is conspiring against them, while successful people take everything that happens to them and they assume that it is the universe conspiring to help them. So every time I get what appears on the surface to be a setback or a failure — or something that doesn’t go my way, or I get knocked down — I figure in the grand scheme of things it is actually the universe helping me achieve my long-term goals. It all sounds a bit metaphysical, but I basically believe there is a protective force around me, so when things seem to be going wrong on the surface, it is actually just the protective force making sure that I am not making a worse misstep by negotiating a deal destined to fail.”

Read the full interview on Real Assets Adviser.