My aim is to help women feel more confident about their finances.
Boston, MA (PRWEB) January 17, 2016
Five Star Professional is pleased to announce Sandra Gilpatrick, LPL Financial, has been chosen as one of Boston’s Five Star Wealth Managers for 2016.
Five Star Professional partnered with Boston magazine to recognize a select group of Boston-area wealth managers who provide quality services to their clients. Sandra Gilpatrick is featured, along with other award winners, in a special section of the February issue.
“I specialize in working with professional women on good career tracks born 1964 or younger,” says Sandra Gilpatrick of LPL Financial. “I enjoy helping women who want a collaborative relationship with me. My aim is to help women feel more confident about their finances. I take time to understand my clients, put their interests first and work to help them toward their goals.”
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.
“I started my career as a financial advisor after seeing my grandmother inherit wealth from my grandfather and not even know how to write a check on her own,” says Sandra. “I've seen too many women rely on men to run their finances without educating themselves on the process. My mission is to help women understand what they need to know in their financial lives, whether they live alone or have a partner.”
“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.
Sandra Gilpatrick’s Five Star award profile can be viewed here.
Published in Boston magazine, February 2016 issue
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. 2,530 Boston wealth managers were considered for the award; 632 (25 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.
Securities offered through LPL Financial. Member FINRA/SIPC.