Irvine, CA (PRWEB) March 25, 2014
Five Star Professional is pleased to announce Sean Loftus, Wells Fargo Advisors, LLC, has been chosen as one of Orange County’s 2014 Five Star Wealth Managers.
Five Star Professional partnered with Orange Coast Magazine to recognize select wealth managers who provide quality services to their clients. Loftus will be featured, along with other winners, in a special section of the April issue.
“Sean Loftus is committed to putting the needs of his clients first and working to help them succeed financially. We at Wells Fargo Advisors are proud to work alongside him,” Jason Buenger, Senior Vice President, Branch Manager.”
Loftus’ award profile can be viewed here.
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Active as a credentialed professional in the financial services industry for a minimum of 5 years; 3. Favorable regulatory and complaint history review (unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process*); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients; 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.
Wealth managers do not pay a fee to be considered or awarded. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The award methodology does not evaluate the quality of services provided and is not indicative of the winner’s future performance. 3,489 Orange Coast wealth managers were considered for the award; 302 (9% of candidates) were named Five Star Wealth Managers.
*To qualify as having a favorable regulatory and complaint history, the person cannot have: 1. been subject to a regulatory action that resulted in a suspended or revoked license, or payment of a fine, 2. had more than three customer complaints filed against them (settled or pending) with any regulatory authority or Five Star Professional’s consumer complaint process, 3. individually contributed to a financial settlement of a customer complaint filed with a regulatory authority, 4. filed for bankruptcy, or 5. been convicted of a felony.
Click here for research methodology information or visit http://www.fivestarprofessional.com.
About Wells Fargo Advisors
With $1.4 trillion in client assets as of December 31, 2013, Wells Fargo Advisors provides investment advice and guidance to clients through 15,280 full-service financial advisors and 3,328 licensed bankers. This vast network of advisors, one of the nation’s largest, serves investors through locations in all 50 states and the District of Columbia. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC). Statistics include other broker-dealers of Wells Fargo & Company. http://www.wellsfargoadvisors.com
Investment products and services are offered through Wells Fargo Advisors, LLC.
Investment and Insurance Products:
Not Insured by FDIC or any Federal Government Agency | May Lose Value | Not a Deposit of or Guaranteed by a Bank or Any Bank Affiliate