Five Star award winner Scott E. Holstein, CPA, CFP, PFS

PROFESSIONAL PROFILE

Contact Me

Scott E. Holstein, CPA, CFP, PFS

Wealth Manager / Financial Advisor

Prudent Wealth Management

Ste 200

Warminster, PA 18974

Office: 800-458-9330

Info@prudentwm.com
www.prudentwm.com

Our Qualifications and Approach

My Staff and I have been offering our clients personalized financial solutions since 1987. During that time, we have established a considerable reputation for providing professional and knowledgeable advice in many areas of financial services including Retirement and Estate Planning. No matter where your life takes you, you can depend on us to be there, analyzing your needs and adapting your planning to pursue your goals.

Our Planning Process

We first perform a financial physical to assess your current condition by reviewing your investment statements, previous planning, tax returns, assets, liabilities, expected present and future capital outlays, and compile income and expense projections

We perform a risk tolerance analysis to assess your attitudes toward risk and develop an understanding of what risk means to you. We then review the types of risk, and levels of risk, you are willing to accept to pursue your objectives.

We create a customized plan to pursue your goals. This plan will outline our strategies to help manage and grow your wealth. This plan may also incorporate asset allocation models, an insurance review, estate planning and special needs analysis such as education or retirement projections

We review your plan with you and answer any questions you have in understandable terms. During this phase we also analyze the statistical percentage chance of success of reaching all of your financial goals

We sign papers and begin the funding process of setting up accounts and transferring the assets to our firm

We contact you frequently by your choice of phone, letter or e-mailto discuss your account and the overall economic conditions.

We send you a newsletter monthly and set a custom contact interval based on your expectation of contact.

We meet to review your plan at least annually. We update your plan as-needed
At your request we will work directly with your accountant or attorney throughout the year on tax, estate planning, and other matters concerning your wealth management

Call us today to arrange a confidential no obligation appointment. A small investment of time now could reap significant rewards in the future.

See Accomplishments

This award was issued on 11/01/2024 by Five Star Professional (FSP) for the time period 02/13/2024 through 08/30/2024. 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. 4532 Philadelphia-area wealth managers were considered for the award; 303 (7 % of candidates) were named 2024 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2023: 3,885, 328, 8%, 11/1/23, 2/13/23 - 8/31/23; 2022: 3604, 305, 8%, 11/1/22, 2/21/22 - 8/19/22; 2021: 3576, 310, 9%, 11/1/21, 1/18/21 - 9/3/21; 2020: 4148, 366, 9%, 11/1/20, 2/10/20 - 9/11/20; 2019: 3910, 437, 11%, 11/1/19, 2/11/19 - 9/20/19; 2018: 3721, 439, 12%, 11/1/18, 2/20/18 - 9/19/18; 2017: 3022, 437, 14%, 11/1/17, 1/20/17 - 9/8/17; 2016: 2671, 660, 25%, 10/1/16, 3/5/16 - 10/7/16; 2015: 4696, 805, 17%, 11/1/15, 3/5/15 - 9/9/15; 2014: 4438, 856, 19%, 11/1/14, 3/5/13 - 9/9/13; 2013: 3354, 934, 28%, 10/1/13, 3/5/12 - 9/9/12; 2012: 2847, 773, 27%, 11/1/12, 3/5/11 - 9/9/11.

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Securities and investment advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC, a registered investment advisor. Certain advisory services and financial planning services offered through Vicus Capital, Inc., a federally registered investment advisor. Cetera is under separate ownership from any other named entity.

The Top 250 Wealth Advisors – 2008 issued by Worth Magazine. An invitation is sent to readers to nominate advisors who represent the absolute best of their profession. Worth Magazine solicits nominations from banks, wealth management and investment firms, and industry associations. Nominated advisors & others who wish to participate then complete a detailed online questionnaire in which they provide their educational and professional credentials and discuss their approaches to customer service, portfolio management, and risk. Based on the quality of these responses, and on each applicant’s insights into the current investment climate, Worth editors make the selections. Following the completion of a preliminary list, the final step involves confirming, to the extent possible, that the information the advisors provided is accurate and truthful. Listing in this publication and/or award is not a guarantee of future investment success. This recognition should not be construed as an endorsement of the advisor by any client. No compensation was provided directly or indirectly by the recipient for participation or in connection with obtaining or using the third-party rating or award.

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.