David Latko of Latko Wealth Management Honored With the 2015 Five Star Wealth Manager Award

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David Latko named one of Chicago’s outstanding wealth managers.

David Latko

I give my thanks to my clients for believing in me, my team, our financial philosophy and trusting me year in and year out to do the right thing with their money

Five Star Professional is pleased to announce David Latko, Latko Wealth Management, has been chosen as one of Chicago’s Five Star Wealth Managers for 2015.

“My business would not be where it is today without my clients…each and every one of them. Most of our clients have been with the Latko Wealth Management Team for over a quarter century. I give my thanks to my clients for believing in me, my team, our financial philosophy and trusting me year in and year out to do the right thing with their money. Thank you so much for being wonderful advocates for my business,” says David Latko of Latko Wealth Management.

Five Star Professional partnered with Chicago’s magazine to recognize a select group of Chicago area wealth managers who provide quality services to their clients. David Latko will be featured, along with other award winners, in a special section of the November issue.

“I have been helping clients manage their money through the transitions of their lives for over three decades. I’ve written three nationally awarded financial books and have been the host of my own radio show for eight years called ‘David Latko’s Money and More’. I am a Chartered Retirement Planning Counselor (CRPC) and a Certified Divorce Financial Analysts (CDFA). Latko Wealth Management manages well over $100 million in client assets. I focus on retirement and estate planning for a clientele whose net worth ranges from $50,000-10,000,000. People come to our firm because they need our help but stay with us because they become part of the Latko Wealth Management family,” says David.

The Five Star Wealth Manager award program is the largest and most widely published 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.

“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 Johnathan Wesser, Research Director, Five Star Professional.

David Latko’s Five Star award profile can be viewed here.

About the research process:

Now entering its 12th year, Five Star Professional conducts in-depth, market-specific research in more than 45 markets across the United States to identify premium service professionals.

Wealth manager award candidates are identified through firm nominations, peer nominations and industry qualifications, and 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.

Self-nominations are not accepted, and wealth managers do not pay a fee to be considered or awarded. The award is not indicative of the wealth manager's future investment performance. For detailed information on the Five Star Wealth Manager research methodology visit http://www.fivestarprofessional.com.

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. 5,833 Chicago wealth managers were considered for the award 716 (13% of candidates) were named 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.

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Five Star Professional Representative

Tiffany Latko

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