We are humbled to have been chosen for the 2016 Five Star Wealth Managers Award. We send a sincere thank you to the peers who nominated us.
Baltimore, MD (PRWEB) February 16, 2016
Gregory P. Armstrong, CFP® and Roy G. Dixon, CFP®, PFP of Armstrong Dixon and Colin B. Exelby of Celestial Wealth Management, divisions of ADE, LLC, are featured in a special section of the February issue of Baltimore magazine as 2016 Five Star Wealth Manager award winners.
Five Star Professional partnered with Baltimore magazine to identify and showcase an exclusive group of wealth managers who have demonstrated excellence in their field.
“We are humbled to have been chosen for the 2016 Five Star Wealth Managers Award. We send a sincere thank you to the peers who nominated us,” Colin B. Exelby of Celestial Wealth Management. Gregory P. Armstrong, of Armstrong Dixon says, “We merged these two independent firms in March of 2015 to leverage a combined 55 years of investment and financial planning experience. We look forward to continuing our quest to help clients answer the question, what am I missing?”
The 2016 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.
“The research behind this award is extensive with each wealth manager being thoroughly vetted from numerous angles. We are proud to showcase these distinguished professionals,” says Jonathan Wesser, Research Director, Five Star Professional.
Wealth Manager award candidates are identified through firm nominations, peer nominations and industry qualifications, then evaluated on 10 objective eligibility and evaluation criteria including client retention rates, client assets administered, firm review and a favorable regulatory and complaint history.
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. 1,215 Baltimore wealth managers were considered for the award; 356 (30 percent of candidates) were named 2016 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 fivestarprofessional.com
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through ADE, LLC a registered investment advisor. ADE, LLC, Armstrong Dixon and Celestial Wealth Management are separate entities from LPL Financial.
1500 Sulgrave Avenue
Baltimore, MD 21209
Celestial Wealth Management
29 W. Susquehanna Avenue
Towson, MD 21204