Walsh & Associates CEO Joseph Walsh Jr. was ranked among the Forbes Best-In-State Wealth Advisors 2020. Advisor rankings are based on quantitative and qualitative factors such as quality of assets under management; client retention and other client-related data; “best practices” within the advisor’s practice and approach to working with clients; and credentials. The Forbes Best-In-State Wealth Advisors 2020 spotlights more than 4,000 top advisors across the country who were chosen from over 32,000 advisor nominations. Walsh ranked #16 out of 115 in North Florida.
Walsh may never have entered the field of Finance had it not been for the now-shuttered pizza restaurant called J.P. Hannagan’s that he owned for 20 years. Walsh admits, “People loved the restaurant and I loved interacting with customers, but I was never part of their lives.” He entered the field of Finance for the know-how to manage the profits from the restaurant, but he suddenly became the “go-to guy” for friends and family who had personal finance questions. They then told their friends and family to "go ask Joe—he'll know," and in 1986, Walsh officially began his financial planning career.
Walsh finds great reward in building relationships with clients, and he loves hearing their stories. Last year, Walsh met with a couple who had attended one of his financial literacy classes. Their financial situation was interesting, and both the couple and Walsh knew they could benefit from a relationship with Walsh & Associates. Walsh was pleased when the couple decided to become clients, but even more pleased to discover that their first date in 1981 was at none other than J.P. Hannagan's, Walsh’s old restaurant!
Walsh & Associates is a family firm with 12 employees, three of whom are Walsh’s sons Tom, Michael, and Joe III. Clients still send their friends and family to "go ask Joe" (or Tom, or Michael, or Joe III). Walsh says of the firm, “We like what we do, how we do it and the people we do it for. We become part of our clients’ families, and we want what’s best for family.”
In addition to his role as advisor and CEO of Walsh & Associates, Walsh is a volunteer instructor for Adult & Community Enrichment (ACE) at Suncoast Technical College. His classes cover many of the same topics broached with clients, like Social Security strategies, estate planning and the transition to retirement. He also serves the Investments & Wealth Institute (formerly IMCA) as a member of the Certification Item/Test Form Review Task Force.
Walsh has an MBA in Finance and CFP®, CFA®, CTFA, AIFA®, CRPC® and CPWA® designations.
CRPC conferred by College for Financial Planning.
The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years experience, and the algorithm weights factors like revenue trends, assets under management, 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. Neither Forbes or SHOOK receive a fee in exchange for rankings.