Barron’s, the financial and investment newsweekly, has published the 2014 list of America’s Top 100 Financial Advisors, and John W. Rafal of Old Lyme, Conn., is ranked number 12. Very few independent advisors, such as Rafal, were included in the list, which is mostly composed of advisors from the major wire house firms.
Rafal is the Founder and current Vice Chair of Essex Financial Services, which is owned by Essex Savings Bank. The ranking appears in the April 21 edition of Barron’s (www.barrons.com).
In the story accompanying the list, Barron’s noted that Rafal was among a small group of financial advisors who have appeared on the top 100 list every year since inception in 2004.
“I am gratified to Barron’s for the recognition and accept the honor on behalf of the entire team at Essex Financial Services,” said Rafal. “I want to express my sincere thanks to our clients, many of whom we have represented for over 30 years. It’s a privilege to earn and retain your trust.”
Doug Paul, Chairman of the Board of Essex Savings Bank, which also owns Essex Financial Services, stated, “The Barron’s ranking is a testament to John Rafal and the entire team at Essex Financial Services. On behalf of the entire board and management team, I want to offer our congratulations to John Rafal.”
Essex Financial Services, a wholly-owned subsidiary of Essex Savings Bank, is one of the leading independent financial advisory firms in the country