Barron's magazine names state's best financial advisers

Back to TopCommentsE-mailPrintBookmark and Share
On The Beat Industry News In Brief

Indiana boasts 15 of the nation’s top 1,000 financial advisers, according to Barron’s. The majority of them work for Merrill Lynch, and all but two live in Indianapolis. The financial publication ranks Thomas Buck, 56, of Indianapolis, the state’s best. He manages $875 million for Merrill Lynch.

Tom Buck mug Buck

In its Feb. 22 edition, Barron’s named and ranked the financial advisers it considers the cream of the crop in all 50 states. To be considered, advisers were required to have at least seven years of financial services experience and to have worked for their current firm at least a year.

Merrill Lynch led Indiana, with nine top advisers. It also had the most advisers on the total list, by a long stretch, with 239. Wachovia Securities had the second-most among the top 1,000, with 135; followed by Smith Barney with 122; Morgan Stanley with 121; and UBS, with 118.

Barron’s measured the advisers in terms of how much money they have under management, their return on assets, their client satisfaction and retention, their regulatory compliance, and their community involvement. Here’s how the full list broke down:

1. Thomas Buck, Merrill Lynch, Indianapolis: $875 million in total assets

2. Martin Gregor, Merrill Lynch, Indianapolis: $1.1 billion in total assets

3. Eric Payne, Merrill Lynch, Indianapolis: $700 million in total assets

4. Chris Cooke, Wells Fargo Advisers, Indianapolis: $1.1 billion in total assets

5. Brian Cooke, Wells Fargo Advisers, Indianapolis: $1.1 billion in total assets

6. Richard Searles, Merrill Lynch, Indianapolis: $587 million in assets

7. William Craig Dobbs, Graystone Consulting, Indianapolis: $8.8 billion in total assets

8. Jonathan Klausner, UBS Financial Services, Indianapolis: $720 million in total assets

9. Carleton Evans, Merrill Lynch, Indianapolis: $348 million in total assets

10. Jim Schillaci, Merrill Lynch, Indianapolis: $180 million in total assets

11. Kevin McMullen, Merrill Lynch, Indianapolis: $262 million in total assets

12. Ron Mencias, Merrill Lynch, Indianapolis: $700 million in total assets

13. Paul Stscherban, Robert W. Baird, Mishawaka: $345 million in total assets

14. Matthew Kahn, Merrill Lynch, South Bend: $525 million in total assets

15. John Cate, Morgan Stanley Smith Barney, Indianapolis: $900 million in total assets


Post a comment to this story

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now