Nicholas Loring honored as Top 500 Next Generation Wealth Advisor

Smithfield, RI (July 28, 2017)—Loring Advisory Group, a Wealth Management firm in Smithfield, RI, today announces that its Vice President, Nicholas (Nick) Loring, CFP®, MBA, CRPC®, CRPS® has been named to Forbes’ Top 500 Next Generation Wealth Advisors list for 2017. The inaugural list was published on Forbes.com.

Nick joined Loring Advisory Group in 2013, after starting his career in the financial services industry with Merrill Lynch in Providence, RI. Nick has built his practice focusing on a holistic, comprehensive approach to a client’s financial picture, including many areas of their lifestyle that tend to get overlooked. Nick has expertise and experience serving many types of clients, including individuals & families, small business owners, non-profits & endowments, and millennials. Prior to his career as a wealth advisor, Nick was commissioned as a Captain in the US Army, where he served overseas and was awarded a Bronze Star during Operation Iraqi Freedom.

Wayne Bloom, CEO of Commonwealth Financial Network®, Loring Advisory Group’s independent broker/dealer–RIA, said, “I extend my sincere congratulations to Nick on being recognized by Forbes. Nick represents the future of the advice industry, possessing the passion and drive to innovate, cultivate, and deliver superior independent advice to the next generation of investors. We remain committed to supporting Nick’s growth and will continue to provide the leading, client-forward resources his business demands.”

“It’s really quite an honor, and I’m quite humbled to be included on the inaugural list” said Nick of the award. “This wouldn’t have been possible without the support of the team at Loring Advisory Group, and the trust and faith that our clients have in our ability to help them achieve the lifestyle of their dreams. I am most grateful for their support, and I look forward to continuing to serve them for many more years to come.”

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The 2017 ranking of Forbes’ Top 500 Next Generation Wealth Advisors recognizes advisors born in 1980 or later with a minimum of four years of experience. Advisors were rated based on a proprietary algorithm of qualitative and quantitative criteria: assets under management, revenues generated for their firms, client retention, industry experience, credentials, and compliance records. SHOOK Research also employs an opinion-based weighting system that prioritizes its preferred “best practices,” which include business models, activities, processes, and structure. Overall, 2,356 advisors were considered, and 500 (21 percent of candidates) were recognized. Nick is one of three advisors to be recognized for the state of Rhode Island. You can find the full methodology that Forbes developed in partnership with SHOOK Research on Forbes.com.

About Loring Advisory Group
Loring Advisory Group has been providing individuals and organizations with financial guidance since 1993. Located at 600 Putnam Pike Suite 4, Greenville, RI (401) 949-4196, the firm prides itself on crafting unique strategies for each client. For more information, please visit www.loringadvice.com. Securities and Advisory Services offered through Commonwealth Financial Network; Member FINRA/SIPC, A Registered Investment Advisor.

*This recognition and the due-diligence process conducted are not indicative of the advisor’s future performance. Your experience may vary. You are encouraged to conduct your own research to determine if the advisor is right for you. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. SHOOK does not receive a fee in exchange for rankings.

http://www.loringadvice.com