Minneapolis, MN (PRWEB) December 08, 2015
Five Star Professional is pleased to announce Bruce Langer, CFA, and Dan Aronson, CFA, of EPIQ Partners, LLC have been chosen as two Twin Cities Five Star Wealth Managers for 2016.
Five Star Professional partnered with Twin Cities Business and Mpls.St.Paul Magazine to recognize a select group of Twin Cities-area wealth managers who provide quality services to their clients. Bruce and Dan are featured, along with other award winners, in a special section of the January issue.
“EPIQ Partners is a boutique investment office built exclusively for successful families and their related interests. Dan and I bring a partnership mentality to all EPIQ relationships and the EPIQ structure allows for a level of superior alignment and advocacy. With authenticity, EPIQ provides thoughtful stewardship to our clients. We work closely with all family members and other advisors to make certain objectives are being met,” says Bruce.
The Five Star Wealth Manager award program is the largest and most widely published wealth manager award program in the financial services industry. The award is based on a rigorous, multifaceted research methodology, which incorporates input from peers and firm leaders along with client retention rates, industry experience and a thorough regulatory history review.
“Our clients are remarkable families, and we are fortunate to have them as partners. Through intelligence and hard work, they have obtained a level of success that puts them in the segment that ‘gets it,’” Bruce explains. “The issues can be complex and the expectations high, but it is difficult to express how enjoyable it is to partner with people that ‘get it.’”
“Five Star Wealth Managers are more than knowledgeable experts in their field. They maintain a sharp focus on building enduring relationships and demonstrate tremendous dedication to the families and individuals they serve,” says Lynn Hargreaves, VP, Research and Services Operations, Five Star Professional.
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. 2,083 Twin Cities wealth managers were considered for the award; 854 (41 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 http://www.fivestarprofessional.com.