Five Star award winner Mark Rapoza AIF®, CFS®, CIS™

PROFESSIONAL ACCOMPLISHMENTS

AWARDS

Five Star Wealth Manager award winner 2023
AIF®
CFS®
CIS™

An Accredited Investment Fiduciary (AIF®) designation means Mr. Rapoza has specialized knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care. To achieve the AIF® designation Mr. Rapoza completed a rigorous training program and passed a comprehensive, closed-book, proctored exam. Ongoing continuing education and adherence to the Code of Ethics and Conduct Standards are required to maintain the AIF® designation.
A CFS® or Certified Fund Specialist designation means that Mr. Rapoza is qualified to provide basic and advanced guidance on a wide range of actively and passively managed investments. He can assist you to determine your risk level, set realistic goals, design an appropriate portfolio, minimize taxes and protect your estate. To achieve the CFS® designation Mr. Rapoza completed a comprehensive advanced program designed to educate the advisor on every aspect of modern portfolio theory (MPT), mutual funds, ETFs, REITs, UITs, EANs, CEFs, asset rebalancing and taxation. Ongoing continuing education and adherence to the Code of Ethics and Conduct Standards are required to maintain the CFS® designation.
A CIS™ or Certified Income Specialist designation means Mr. Rapoza has specialized knowledge to provide basic and advanced guidance in generating and managing plans that provide a stable stream of retirement income. He can assist you in creating and protecting a well-diversified retirement portfolio filled with fixed and variable-rate investments. To achieve this designation Mr. Rapoza completed a comprehensive advanced program designed to educate the advisor on fixed income, preferred stocks, guaranteed investments and withdrawal plans. Ongoing continuing education and adherence to the Code of Ethics and Conduct Standards are required to maintain the CIS™ designation.

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This award was issued on 12/1/22 by Five Star Professional (FSP) for the time period 3/28/22 through 9/30/22. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 637 Rhode Island-area wealth managers were considered for the award; 136 (21% of candidates) were named 2023 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2022: 648, 130, 20%, 12/1/21, 3/29/21 - 10/1/21; 2021 624, 151, 24%, 11/1/21, 2/8/21 - 9/10/21; 2020: 614, 132, 21%, 11/1/20, 3/2/20 - 9/25/20; 2019: 568, 131, 23%, 11/1/19, 2/25/19 - 10/7/19; 2018: 545, 131, 24%, 11/1/18, 3/16/18 - 10/4/18; 2017: 476, 189, 40%, 11/1/16, 0316/16 - 11/1/16; 2016: 495, 173, 35%, 10/1/16, 5/6/16 - 10/4/16; 2015: 637, 194, 30%, 12/1/15, 5/6/15 - 9/30/15; 2014: 677, 204, 30%, 11/1/14, 5/6/13 - 9/30/13; 2013: 553, 185, 33%, 10/1/13, 5/6/12 - 9/30/12; 2012: 287, 111, 39%, 11/1/12, 5/6/11 - 9/30/11.

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Mark Rapoza is a both a Registered Representative and Registered Investment Advisory Representative with Barrett & Company, which means that in addition to his professional services as a broker, he is also registered with the Firm’s investment advisory business where he manages client portfolios. Please refer to https://www.barrettandcompany.com//important-disclosures for further disclosures.

Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria - required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria - considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com.