Jan 20, 2026 The McCarthy Eljdid Private Wealth Group of Seventy2 Capital Wealth Management Listed in 2026 Forbes Best-in-State Wealth Management Teams
The McCarthy Eljdid Private Wealth Group of Seventy2 Capital Wealth Management, a team of private wealth professionals serving the various needs of high-net-worth individuals, families, and businesses, announced today that they have been named the number 13 team in New Jersey on the 2026 Forbes Best-in-State Wealth Management Teams list.
Jim McCarthy, Executive Market Director, Red Bank, stated, “We are honored to be recognized by Forbes. In our experience, our clients want to live confidently and move toward achieving their highest priority goals, and therefore, we strive to bring this all to fruition by efficiently managing wealth and planning for both the expected and unexpected events in their lives.”
The Forbes | SHOOK Best-In-State Wealth Management Teams list recognizes practices that have been successful in navigating a more nuanced market. 2025 saw higher valuations, changes in interest rate expectations, and greater geopolitical risks, pushing teams to continuously adjust their strategies to do right by their clients. On this fourth annual list, Forbes honors over 6,100 teams with a combined $8.3 trillion in client assets based on both qualitative and quantitative data.
About Seventy2 Capital
Seventy2 Capital is a full-service, independent wealth management practice committed to supporting individuals, families, and business owners to achieve their financial goals. We are passionate about the work we do for our clients. We form a deep understanding of our client’s goals and values and then develop and implement customized strategies that fit those objectives. Seventy2 Capital has been recognized as a Barron’s Top 250 Private Wealth Management Team in 2025. For more, please visit www.seventy2capital.com.
2025 Barron’s Top 250 Private Wealth Management Teams: Awarded May 2025; Data compiled by Barron’s based on the time period from Jan. 2024 – Dec. 2024 (Source: Barrons.com). The Barron’s Top 250 Private Wealth Management Teams are evaluated on a range of factors for the Financial Advisor and their team, who specialize in serving individuals and families. Factors included in the ratings include their previous year’s size and shape, the regulatory records and credentials of their members, and the resources they have at their disposal to serve their client bases. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and is based solely on the disclosed criteria.
About Wells Fargo Advisors Financial Network
For more than 20 years, Wells Fargo Advisors Financial Network, the independent contractor business model of Wells Fargo Wealth & Investment Management (WIM), has offered financial advisors more control, flexibility, and growth around business ownership as well as support from one of the nation’s largest financial institutions. WIM provides financial products and services through various bank and brokerage affiliates of Wells Fargo & Company. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC, Member SIPC (WFAFN), a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. Any other referenced entity is a separate entity from WFAFN.
About 2026 Forbes Best-in-State Wealth Management Teams
2026 Forbes Best-in-State Wealth Management Teams: Awarded January 2026; Data compiled by SHOOK Research LLC based on the time period from 3/31/24 – 3/31/25 (Source: Forbes.com). The Forbes Best-in-State Wealth Management Teams rating algorithm is based on the previous year’s industry experience, interviews, compliance records, assets under management (minimum variable by state), revenue and other criteria by SHOOK Research, LLC. Investment performance is not a criterion. Self-completed survey was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 12,787 wealth management teams were considered for the rating; 6,149 (48% of candidates) were named 2026 Forbes Best-in-State Wealth Management Teams.