As seen in
Chicago Five Star award winner

PROFESSIONAL PROFILE

David Cyrs

Founder/Senior Partner
CYRS Wealth Advisors, LLC
1111 S. Alpine, Ste. 701
Rockford, IL 61108
Office: 815-316-1111
dave@cyrswealthadvisors.com
www.CYRSWealthAdvisors.com

Professional Approach

HELPING PEOPLE POSITIVIELY CHANGE LIFE'S FINANCIAL OUTCOMES

David brings more than 20 years of executive-level corporate and personal financial planning and capital management experience to clients.  He founded CYRS Wealth Advisors in 2007, specializing in retirement and wealth management solutions for individuals and families.

His skills and experience include developing and implementing custom asset management strategies, retirement portfolio/investment management solutions, tax planning, intergenerational wealth management and 401(k) pension planning.

David has a BA in financial management and a master's in business and holds the CERTIFIED FINANCIAL PLANNER™ certification and his FINRA Series 7 (General Securities Representative) securities registration.  He also holds the FINRA Series 66 (Uniformed Combined State Law Examination) securities registration and is an Investment Adviser Representative (IAR) of Commonwealth Financial Network®. He has obtained the AIF® (Accredited Investment Fiduciary®) designation and an insurance license in Illinois among other states.  Experienced in consulting with many of the Northern Illinois region’s largest employers regarding executive benefits, retirement, deferred compensation and welfare benefit plan designs. 

David has served in various community leadership positions throughout the years, contributing to his community as moderator for the Rockford area Chamber of Commerce Leadership Development program, to his church, as a board member of Maria Linden Healthcare Center, as a board member for the MILL Youth Center and Mill Foundation, Rockford, and as a board member for the Rosecrance Health Network Foundation, Rockford, Illinois.

This award was issued on 10/1/23 by Five Star Professional (FSP) for the time period 1/9/23 through 7/31/23. 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. 5,549 Chicago-area wealth managers were considered for the award; 405 (7% 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: 4912, 384, 8%, 10/1/22, 1/24/22 - 7/29/22; 2021: 5635, 382, 7%, 10/1/21, 12/28/20 - 8/6/21; 2020: 4636, 356, 8%, 10/1/20, 1/6/20 - 8/7/20; 2019: 5430, 429, 8%, 10/1/19, 1/7/19 - 8/9/19; 2018: 5449, 435, 8%, 10/1/18, 1/12/18 - 8/17/18; 2017: 3781, 438, 12%, 10/1/17, 12/16/16 - 8/3/17; 2016: 3411, 725, 21%, 9/1/16, 2/26/16 - 8/19/16; 2015: 5833, 716, 12%, 10/1/15, 2/4/15 - 8/3/15; 2014: 8161, 744, 9%, 10/1/14, 2/4/13 - 8/3/13; 2013: 3998, 772, 19%, 10/1/13, 2/4/12 - 8/3/12; 2012: 2970, 780, 26%, 10/1/12, 2/4/11 - 8/3/11.
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Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services are separate from and not offered through Commonwealth.

This communication is strictly intended for individuals residing in the states of CO, DC, FL, GA, IA, IL, IN, LA, MA, MN, NC, NJ, OH, SC, TX and WI. No offers may be made or accepted from any resident outside of these states due to various state regulations and restriction requirements regarding investment products and services.

 

*Winners appearing on this page do not pay a fee to be considered or to win the Five Star Award. Professionals with a digital profile have paid a promotional fee.
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.