News and Announcements
We’re proud to share that our Private Wealth Advisor, Michael Sofka, has been named a recipient of this year’s AdvisorHub 50 Next Gen Advisors to Watch award—ranked #19 overall. This prestigious recognition highlights top financial advisors across the country who are delivering exceptional client service while building innovative and growing practices.
This annual ranking evaluates advisors across three key areas:
- Business Scale: Assets under management and client relationships
- Growth: Year-over-year increases in clients, assets, and revenue
- Professionalism: Experience, credentials, regulatory record, and community involvement
This recognition reflects Michael’s commitment to providing thoughtful, personalized guidance and building lasting relationships with clients.
A key theme emerging from this year’s rankings is the evolution of wealth management into a more holistic and team-based approach- an area where sofka Wealth Management has dedicated a tremendous amount of time. Leading advisors are moving beyond traditional portfolio management to deliver comprehensive strategies across retirement planning, tax strategy, estate planning, and more—meeting the growing demand for full-spectrum financial advice.
Top advisors are also investing in:
- Specialized teams and next-generation talent
- Scalable infrastructure to enhance the client experience
- Technology that supports deeper insight while maintaining the human element
The industry’s leading advisors continue to distinguish themselves by combining innovation, collaboration, and expertise—while helping clients navigate an increasingly complex financial landscape with clarity and confidence.
The 2026 AdvisorHub 1,000 Advisors to Watch ranking is based on an algorithm of criteria, focused on three key areas: Quality of Practice,Year-Over-Year Growth, and Professionalism & Character. The rankings weigh the scores in Quality and Growth more heavily than other areas. Time period upon which the rating is based is from 12/31/2024 - 12/31/2025, and was released on 6/16/2026. Advisors considered have a minimum of seven years' experience, a clean regulatory record with 2 or fewer complaints and no significant judgements, must have been with their current firm for at least two years and in good standing, and have at least $100 million in assets under management. Out of 2,172 total nominations received, 1,000 advisors received the award across five categories: Over $1B: 205; RIAs: 250; Under $1B: 400; Next Gen: 50. This ranking is not based in any way on the individual's abilities in regards to providing investment advice or management. This ranking is not indicative of advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Raymond James is not affiliated with AdvisorHub.
Private Wealth Advisor is a designation awarded by Raymond James to financial advisors who have demonstrated mastery in anticipating and managing the expansive financial needs of high-net-worth individuals, families and organizations.
Raymond James and its advisors do not offer tax or legal advice.
