The industry recognition follows Johnston Carmichael’s Wealth team’s ongoing adoption of innovative processes for clients, and investment in retention and recruitment of its people.

Johnston Carmichael Wealth employs more than 60 people, forming financial planning, business and support teams across the UK as part of Johnston Carmichael, Chartered Accountancy and Business Advisory firm.

The team specialises in providing expert financial planning and advice on personal and business affairs such as investment and retirement planning, estate planning, and personal and business protection.

Craig Hendry, managing director of Johnston Carmichael Wealth, said: “Everyone at Johnston Carmichael Wealth is hugely proud to have topped FT Adviser’s Top 100 list for the third consecutive year.

“It’s a real tribute to the high calibre of our firm, having held Chartered Status since 2016, the highest accolade a financial planning firm can reach and the high-quality work of our teams, and I would like to congratulate my colleagues on this well-deserved recognition.

“The fact the award is chosen by judges, rather than reliant on the quality of our award entry, makes this extra special.

“We’re an independent firm working with a variety of clients, with over £850 million of assets under our management and we’re keen to build on this success in the months ahead.”

The shortlist for the FT Adviser’s top 100 financial advisers is created based on a six-point methodology, taking into account a variety of metrics, including client retention rates, whether the firm is chartered or accredited, staff retention rates and individual accreditations, as well as how long the firm has been in business.

In recent years Johnston Carmichael Wealth has embraced industry-leading technology and practices including a partnership with City-based investment research and consultancy firm Square Mile, to provide additional insight on the funds market and secure the best possible financial outcomes for its clients.

It also introduced a bespoke wealth platform that provides clients with a summary of their finances and allows them to log in and track performance any time of the day or night.

The firm’s dedication to continuous improvement is further encouraged by the “Grow Your Own Way” initiative, which supports Johnston Carmichael Wealth staff to create unique paths to professional growth, continually developing their knowledge and professional qualifications.