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Five Star Professional Honors David Cyrs of CYRS Wealth Advisors LLC With the 2016 Five Star Wealth Manager Award
  • USA - English


News provided by

Five Star Professional

Dec 05, 2016, 15:30 ET

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Chicago, IL (PRWEB) December 05, 2016 -- David Cyrs, CYRS Wealth Advisors LLC will be featured in a special section of the November issue of Chicago magazine as a 2016 Five Star Wealth Manager award winner.

“It is both humbling and gratifying to be recognized among our peers. We have always focused upon client best interest, rather than that of some vendor, or institution,” David Cyrs of CYRS Wealth Advisors LLC.

Five Star Professional partnered with Chicago magazine to identify and showcase an exclusive group of wealth managers who have demonstrated excellence in their field.

I certainly want to thank those we have the pleasure of serving as they have enabled us to pursue our passion.

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“I certainly want to thank those we have the pleasure of serving as they have enabled us to pursue our passion. I got into this business to make a profound positive difference in people’s financial lives, retirement, while empowering their goals, and financial security. Core values at CYRS Wealth Advisors LLC include: “Listening, Collaborating, Critical Thinking and Independence,” David Cyrs.

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.

“CYRS Wealth Advisors, LLC is a Northern Illinois based specialty financial advisory firm focusing on Retirement and Wealth Management solutions. Founded on the basis of making a profound positive difference in people’s financial lives, and retirement, while empowering goals and financial security. We provide industry leading ideas and personalized practical advice. Independence, integrity, trust, ongoing educational value and personal touch; are themes are clients recognize us by,” David Cyrs.

“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.

Securities and Investment Advisory Services offered through Commonwealth Financial Network,®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed Insurance and services through CYRS Wealth Advisors LLC or CES Agency. CYRS Wealth Advisors is located at 1111 South Alpine Rd., Suite 701, Rockford, Illinois 61108, 815-316-1111

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. 3,411 Chicago wealth managers were considered for the award; 726 (22 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.

Five Star Representative, Five Star Professional, http://www.fivestarprofessional.com, +1 (651) 259-1118, [email protected]

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