We actually only have two tiers, 6 journals in Finance:
(Real top journals: AER, JPE, QJE, ECTA, RES)
In finance:
Tier 1: JF, RFS, JFE
Tier 2: JFQA, RoF, MS
All the others are simply crappy!
http://www.econjobrumors.com/topic/top-8-finance-journal?replies=37