Clients trust me to help them get from point A to point B. I listen to their wants and needs and evaluate their past, current and future situation, and we work together to find the best solution
Detroit, MI (PRWEB) May 05, 2016
Diane S. Winner, CFP®, BOAA Financial Services, is featured in a special section of the June issue of HOUR Detroit and DBusiness magazines as a 2016 Five Star Wealth Manager award winner.
Five Star Professional partnered with HOUR Detroit and DBusiness magazines to identify and showcase an exclusive group of wealth managers who have demonstrated excellence in their field.
“For me, working at a community bank is what makes my job so fulfilling. Not only am I able to provide independent and objective counsel to my clients, they also receive sophisticated service at a local level,” says Diane S. Winner, CFP®, of BOAA Financial Services.
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.
“Clients trust me to help them get from point A to point B. I listen to their wants and needs and evaluate their past, current and future situation, and we work together to find the best solution,” says Diane.
“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. 1,961 Detroit wealth managers were considered for the award; 630 (33 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.