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 Wyman, CFP®, JD, is the Managing Partner and CERTIFIED FINANCIAL PLANNER™ professional at Center for Financial Planning, Inc.® For the second consecutive year, in 2019 Forbes included Tim in its Best-In-State Wealth Advisors List in Michigan¹. He was also named a 2018 Financial Times 400 Top Financial Advisor².
A leader in his profession, Tim has served on the National Board of Directors for the 28,000-member Financial Planning Association. He frequently speaks to organizations and businesses on financial planning topics. A frequent contributor to national and local media, he has made appearances on Good Morning America Weekend Edition and WDIV Channel 4 News, and has contributed to lead articles in Forbes, The Wall Street Journal, Money Magazine, SmartMoney, The Chicago Tribune, and other national publications.
An active community volunteer, Tim serves as Director for Leadership Oakland, the premier leadership and networking organization serving Southeast Michigan. He is a former Wing Lake Property Association board member and was recently appointed to the Albion College Endowment Investment Committee.
Tim and his wife, Jen, have three children. The oldest, Matt, graduated from The University of Kansas, where he was a placekicker for Jayhawks football team. Son, Jack, a U.S. Army 2nd Lieutenant, lives with his fiancé Libby in Washington. He recently graduated from Tim and Jen’s alma mater, Albion College, where he was admitted to Carl A. Gerstacker Institute for Business and Management. Jack also captained the school’s baseball team and was a member of Army ROTC. Kacy, their youngest child, is a student at Bloomfield Hills High School and an avid swimmer.
Juris Doctorate, Cum Laude, Detroit College of Law at Michigan State University, admitted to practice law in the State of Michigan
Bachelor of Arts, Economics & Management, Albion College
LICENSES & CERTIFICATIONS:
CERTIFIED FINANCIAL PLANNER™ (CFP®)
Various securities and insurance licenses
LEADERSHIP & COMMUNITY INVOLVEMENT:
Financial Planning Association, National Board of Directors
Leadership Oakland, Director
Albion College Endowment Investment Committee, Member
Wing Lake Property Association, Board Member
¹ 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 29,334 advisors nominated by their firms, 3,477 received the award. 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. Raymond James is not affiliated with Forbes or Shook Research, LLC. Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. Any opinions are those of Center for Financial Planning, Inc.® and not necessarily those of Raymond James.
² The FT 400 was developed in collaboration with Ignites Research, a subsidiary of the FT that provides special-ized 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 re-ceived and 400 were selected to the final list (45.5%). The 400 qualified advisers were then scored on six attrib-utes: AUM, AUM growth rate, compliance record, years of experience, industry certifications, and online accessibil-ity. 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 experi-ence, 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.