This award is validation to me that what we're doing is working very well and is valued by our clients and the wealth management community at large.
Brownsburg, IN (PRWEB) September 07, 2016
Matt Teeple, Teeple Wealth Management is featured in a special section of the October issue of Indianapolis Monthly as a 2016 Five Star Wealth Manager award winner.
Five Star Professional partnered with Indianapolis Monthly to identify and showcase an exclusive group of wealth managers who have demonstrated excellence in their field.
"This award is validation to me that what we're doing is working very well and is valued by our clients and the wealth management community at large. It takes creativity and intentionality to make sure we put our clients first in ways that other firms would never even consider. And we go to great lengths to ensure we're giving the best financial advice possible. This gives our clients peace of mind knowing that we're a team and we're working together for them,” says Matt Teeple of Teeple Wealth Management.
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.
"When I first got into this profession, I sat down with my manager on my first day there and during the conversation asked him how many clients he had. When he said he had no idea but somewhere near one thousand, I couldn't believe it. How could he be relational and proactive with all of them? I remember thinking at the time that if I ever had the chance to do it differently, I would. Fast forward several years, and I was blessed to have the opportunity to start my own venture. And the first thing I did, both for me and any advisor who ever came to work with me, was institute a client-cap per advisor. This strategy won't maximize my bottom line, but it will certainly help maximize the bottom line for my clients. And that's what we're all about at Teeple Wealth Management. Always putting our clients first,” says Matt.
“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,” stated Jonathan Wesser, Research Director, 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. 1,083 Indianapolis wealth managers were considered for the award; 332 (31 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.