Inspire Investing Named One of the Best Financial Advisory Firms by USA Today_2024-05-16

Inspire Investing Named One of the Best Financial Advisory Firms by USA Today_2024-05-16

May 16, 2024

Boise, ID, May 8, 2024 – Inspire Investing, the world's largest provider of faith-based ETFs, was ranked by USA Today and Statista as a top Registered Investment Advisor (RIA) for 2024 based on asset growth and recommendations by financial advisors, clients, and industry experts. This is the second year in a row Inspire has been chosen as a top RIA.

This second annual ranking is presented by USA Today in partnership with Statista Inc., the world-leading statistics portal and industry ranking provider. Of 32,600 registered investment advisors, Inspire Investing made the top 500 based on short- and long-term growth of Assets Under Management and recommendations from clients and peers.

In the $1-5 billion AUM category, Inspire is ranked first in Idaho, where they are headquartered, and 63rd in the U.S.

"To be chosen out of more than 32,000 firms two years in a row shows the dedication and passion of our employees and investors. We give all glory to God for the continued growth of faith-based investing and are extremely thankful to be a part of it," said Robert Netzly, CEO of Inspire Investing.

Ranking Methodology

The USA Today/Statista Best Financial Advisory Firms 2024 awarded the top registered investment advisory (RIA) firms in the United States based on two dimensions:

Recommendations from financial advisors, clients, and industry experts:Recommendations were collected via an independent survey among over 25,000 individuals. Clients, industry experts, and financial advisors working for an RIA firm could recommend the RIA firms they find commendable.

Development of Assets under Management (AUM): Both short-term (12-month) and long-term (5-year) AUM development were analyzed using publicly available data.

This year, besides providing an overall ranking, USA TODAY and Statista included separate groupings based on the amount of assets RIAs oversee so readers can compare firms in similar size classes.