Ric Edelman Named Nation's Top Independent Financial Advisor

Tue Sep 1, 2009 2:49pm EDT

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Ranked No. 1 in Elite List by Barron's

FAIRFAX, Va., Sept. 1 /PRNewswire/ -- Ric Edelman, the renowned financial
advisor, best-selling author and talk show host, has been named the No. 1
financial advisor in the country by Barron's, the prestigious Wall Street
weekly publication. 

The list of "Top 100 Independent Financial Advisors" appears in this week's
(Aug. 31) edition of Barron's.

Edelman is chairman and CEO of Edelman Financial Services, one of the
country's largest independent investment advisory firms, managing nearly $4
billion for more than 11,000 clients nationwide. 

"We are excited and humbled by this recognition," said Edelman. "All the
credit goes to my team of advisors and our entire staff." Edelman Financial
has 200 employees, including 40 advisors in Virginia, Maryland, New York and
New Jersey. 

The Barron's list is culled from more than 500 nominations, and is based on
assets under management, the advisor's contributions to the firm's revenues
and the quality of each advisor's practice. Edelman's firm is not the largest,
and ranks dead last in average account size per client, a source of great
pride to Edelman. "Although we serve a great many millionaires," Edelman
explained, "the vast majority of our clients are not in the exclusive realm of
high-net-worth investors. Most are middle class folks trying to pay for
college for their kids while trying to secure their own retirement. It's an
honor to serve them."

Edelman provides financial advice weekly on The Ric Edelman Show, heard on
radio stations nationwide, and he hosts PBS television specials on investing
and financial planning.  His seven books include the recent No. 1 bestseller,
Rescue Your Money, and www.RicEdelman.com offers extensive information on
personal finance.

Editors' note: Ric Edelman is Chairman and CEO of Edelman Financial Services
LLC. He is also President and Director of Sanders Morris Harris Group. Ric is
an Investment Advisor Representative and offers advisory services through EFS
an SEC-registered investment advisor. He is also a Registered Representative
of and offers securities through SMH Capital Inc., an independent
broker/dealer, member FINRA/SIPC.

SOURCE  Edelman Financial Services LLC

Mark Bagley of Edelman Financial Services LLC, +1-703-227-0529,
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