This award means a great deal to me. I feel as though I work very hard to give my clients the best experience possible.
West Chester, PA (PRWEB) November 20, 2015
Adam Varrenti Jr. of The Varrenti Company, Inc. and Goldberg, Weinstein, & Varrenti LLC, CPAs is featured in a special section of the December issue of Philadelphia magazine as a 2015 Five Star Wealth Manager award winner.
“I have provided tax efficient expertise to individuals and businesses that want to increase their assets for over 40 years. It is not what you earn, it is what you keep,” said Adam Varrenti Jr., RIA, CLU®, Chartered Financial Consultant®.
Five Star Professional partnered with Philadelphia magazine to identify and showcase an exclusive group of wealth managers who have demonstrated excellence in their field.
“This award means a great deal to me. I feel as though I work very hard to give my clients the best experience possible,” says Adam. ‘I enjoy traveling around the country to meet with my clients, which makes my job more enjoyable. My clients consider me “America’s guest.”’
The 2015 Five Star Wealth Manager award winners have been carefully selected for their commitment to providing quality services to their clients. The award is based on an in-‐depth research process incorporating peer and firm feedback with objective criteria such as client retention rates, client assets administered, industry experience and regulatory and complaint history.
“It is a privilege to present exceptional wealth managers with the Five Star award each year. These select wealth managers have worked hard to get where they are with a deep knowledge of their industry and care for their clients,” stated Lynn Hargreaves, VP, Research and Services Operations, Five Star Professional.
Adam Varrenti Jr.’s Five Star 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. 4,696 Philadelphia wealth managers were considered for the award; 805 (18% 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.
For research methodology information visit http://www.fivestarprofessional.com.