A junior at Boca Raton’s St. Andrews High School was able to spark the nation’s top financial advisors to donate a record-breaking $1.4 million during an annual summit.
Jamie-Brooke Shook attended her parents’ business conference the Forbes/SHOOK Top Advisor Summit at the Wynn in Las Vegas last month where she helped raise money for the Make-A-Wish Foundation.
“I have always had a passion for children and helping those with cancer,” the teenager said.
Her parents Liz and RJ launched their company Shook Research in 2015. They rank financial advisors across the country and publish the results in Forbes magazine. Advisors come from big firms like Morgan Stanley and Merrill Lynch as well as individual firms.
Shook Research is a reboot of a company they previously had that did similar work with Barrons that they sold in 2008. When their non-compete ended after about seven years, they formed their current business where they analyze financial advisors both qualitatively and quantitatively.
Liz Shook said they spend time and money researching all the financial advisors and what they offer to their clients.
Those rankings are published several times and year. The couple decided to begin hosting an annual summit that brought the best advisors together to share best practices. Firms and individuals from around the country are represented for a three-day, agenda-filled meeting.
The Shooks brought in a philanthropic component to the summit several years ago. The idea came from the work they did before the launch of Shook Research. They had worked on a Best Givers ranking with Forbes. The list featured the top givers that year like Warren Buffett and Bill Gates.
“There was a competition to get on this list,” she said. “Because the more you give the more others wanted to give.”
So, they knew they wanted to add a charitable component to their conferences.
“We wanted to spotlight philanthropy in our national conferences,” she said. “For us, all we wanted to do was give back. Giving back is a beautiful thing and it makes us feel better.”
The first year, they spotlighted Susan G. Komen’s breast cancer foundation and raised about $546,000 in 2018. Last year, they hit $1 million for Children’s Cancer Research Fund.
This year, it was their daughter, Jamie, who suggested they fundraise for Make-A-Wish.
“I have seen all the amazing things Make-A-Wish can do,” Jamie said. “They give these children the spirit and will to fight and it gives them smiles.”
She sold her parents on the difference the nonprofit makes to kids with terminal illnesses.
During the event, Jamie recited a poem in front of the advisors and introduced the 1,200 attendees to three Make-A-Wish recipients.
Zoe, who was diagnosed with a rare disease that attacks motor skills, had a wish to go to Disneyland. Olivia, who was battling Leukemia, went to Broadway to see a show. And Angelica, who received a kidney transplant from her mother, wanted to visit Disney World. Thanks to Make-A-Wish, they were able to have their dreams come true.
“These three Wish kids I met, they were so amazing,” Jamie said. “They touched my heart.”
Jamie helped raised $1.4 million during the event.
“I can’t believe I was a part of that,” she said.