Timothy Wyman, CFP®, JD named to Forbes Top State-by-State Advisors List for 2018 in Michigan and to 2018 Financial Times 400 Top Financial Advisors.
Timothy W. Wyman, CFP®, JD is the Managing Partner and Financial Planner at The Center. A leader in his profession, Tim served on the national Board of Directors for the 28,500 member Financial Planning Association™ (FPA®) from 2005-2007 and recently served the FPA of Michigan chapter as a director. Tim has also appeared on WDIV/TV4, WXYZ/TV7, Detroit Public TV & UPN/TV50 in Detroit and has contributed to lead articles in numerous national publications including: The Wall Street Journal, Money Magazine, SmartMoney, The Chicago Tribune, NY Post Online Edition, Wall Street Career Journal, Parents Magazine, Essence, Bloomberg Personal Finance, Financial Advisor, Investment Advisor and InvestmentNews in addition to local news print such as The Detroit News, The Detroit Free Press, and The Oakland Press.
Tim has served on the Advisory Board of Oakland University’s Personal Financial Planning Program and is a former adjunct faculty member. His expertise and experience have been recognized by serving on national committees comprised of CFP® practitioners and academics from around the country that hold recognized expertise in specialized areas of personal financial planning. Additionally, Tim has served on the Advisory Board of the Journal of Financial Planning, a national trade publication.
Active in his community, Tim currently serves as Director for Leadership Oakland, the premier leadership and networking organization serving Southeast Michigan, the Wing Lake Property Association and is a frequent speaker to area organizations and businesses on various financial planning topics. Tim and his wife, Jen, have three children. The oldest, Matt, is a recent graduate of The University of Kansas studying psychology and was the place kicker on the football team. Son Jack attends Albion College and plays baseball in addition to being a part of the Carl A. Gerstacker Institute for Business and Management and is involved in ROTC. Youngest child, Kacy, is in middle school in Bloomfield, MI and is an avid swimmer.
- Bachelor of Arts, Economics & Management, Albion College
- CERTIFIED FINANCIAL PLANNER (CFP®) certification
- Juris Doctorate cum laude, Detroit College of Law at Michigan State University, admitted to practice law in the State of Michigan
- Holds various securities and insurance licenses
The FT 400 was developed in collaboration with Ignites Research, a subsidiary of the FT that provides specialized content on asset management. To qualify for the list, advisers had to have 10 years of experience and at least $300 million in assets under management (AUM) and no more than 60% of the AUM with institutional clients. The FT reaches out to some of the largest brokerages in the U.S. and asks them to provide a list of advisors who meet the minimum criteria outlined above. These advisors are then invited to apply for the ranking. Only advisors who submit an online application can be considered for the ranking. In 2018, roughly 880 applications were received and 400 were selected to the final list (45.5%). The 400 qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, years of experience, industry certifications, and online accessibility. AUM is the top factor, accounting for roughly 60-70 percent of the applicant's score. Additionally, to provide a diversity of advisors, the FT placed a cap on the number of advisors from any one state that's roughly correlated to the distribution of millionaires across the U.S. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of advisor's future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. The FT is not affiliated with Raymond James.
The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research is based on an algorithm of qualitative criteria and quantitative data. Those advisors that are considered have a minimum of 7 years of experience, and the algorithm weighs factors like revenue trends, AUM, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of 21,138 advisors nominated by their firms, 2,213 received the award. Neither Forbes nor SHOOK receive a fee in exchange for rankings. This ranking is not indicative of advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating.