This award was issued on 1/1/22 by Five Star Professional (FSP) for the time period 05/10/2021 through 11/30/2021. 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. 2938 Seattle-area wealth managers were considered for the award; 267 (9% of candidates) were named 2022 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2021: 2938, 284, 10%, 1/1/21, 4/27/20 - 10/30/20; 2020: 2735, 273, 10%, 1/1/20, 4/1/19 - 11/13/19; 2019: 2752, 290, 11%, 1/1/19, 4/23/18 - 11/9/18; 2018: 2452, 266, 11%, 1/1/18, 4/25/17 - 11/6/17; 2017: 1785, 436, 24%, 12/1/16, 3/26/16 - 11/18/16; 2016: 1678, 412, 25%, 12/1/15, 5/12/15 - 10/30/15; 2015: 2023, 530, 26%, 1/1/15, 5/12/14 - 10/30/14; 2014: 2649, 424, 16%, 3/1/14, 5/12/13 - 10/30/13; 2013: 2732, 664, 24%, 1/1/13, 5/12/12 - 10/30/12; 2012: 2697, 682, 25%, 1/1/12, 5/12/11 - 10/30/11.
The Five Star Wealth Manageraward, administered by Crescendo Business Services, LLC (dba Five StarProfessional), is based on 10 objective criteria: 1. Credentialed as aregistered investment adviser or a registered investment adviserrepresentative; 2. Actively employed as a credentialed professional in thefinancial services industry for a minimum of five years; 3. Favorableregulatory and complaint history review (please note unfavorable feedback mayhave been discovered through a check of complaints registered with a regulatoryauthority or complaints registered through Five Star Professional’s consumercomplaint process*); 4. Fulfilled their firm review based on internal firmstandards; 5. Accepting new clients; 6. One-year client retention rate; 7. Five-yearclient retention rate; 8. Non-institutional discretionary and/ornon-discretionary client assets administered; 9. Number of client householdsserved; 10. Education and professional designations.
Wealth managers do not pay a feeto be considered or awarded. Once awarded, wealth managers may opt to purchaseadditional profile ad space or related award promotional products. The awardmethodology does not evaluate the quality of services provided. The award isnot indicative of the award winner’s future performance.
*To qualify as having afavorable regulatory and complaint history for this award, the person cannothave (1) been subject to a regulatory action that resulted in a license beingsuspended or revoked, or payment of a fine, (2) had more than a total of threecustomer complaints filed against them (settled or pending) with any regulatoryauthority or Five Star Professional’s consumer complaint process, (3)individually contributed to a financial settlement of a customer complaintfiled with a regulatory authority, (4) filed for bankruptcy, or (5) been convicted of a felony.
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.
