I care about people, and I care about their dreams.
Owings Mills, MD (PRWEB) January 18, 2016
Five Star Professional is pleased to announce Jon Dinkins, Glass Jacobson Financial Group, has been chosen as one of Baltimore’s Five Star Wealth Managers for 2016.
Five Star Professional partnered with Baltimore magazine to recognize a select group of Baltimore-area wealth managers who provide quality services to their clients. Jon will be featured, along with other award winners, in a special section of the February issue.
“We have a pragmatic approach to investing rooted in academic research; it’s very systematic,” says Jon Dinkins, of Glass Jacobson Financial Group. “With anything, proven results occur when systems are employed. Investing is no different. We have a system, and we follow it. We take the time to educate our clients and ensure that they understand the markets.”
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 care about people, and I care about their dreams,” says Jon. “I’ve seen a lot of people abused by bad advice and bad advisors. When I got into the industry, commission brokers and commission insurance agents were holding themselves out as investment professionals and were just selling products for the sake of commission. It was detrimental to the clients and, at times, very costly; it wasn’t a level playing field. Often times, I do things for clients that could be considered detrimental to my own practice, but it’s more important for me that they are taken care of — that’s my fiduciary responsibility.”
“It is a privilege to present exceptional wealth managers with the Five Star award each year. These select wealth managers have worked hard to get where they are with a deep knowledge of their industry and care for their clients,” says Lynn Hargreaves, VP, Research and Services Operations, Five Star Professional.
Jon Dinkins’s Five Star award profile can be viewed here.
Now entering its 13th 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. 1,215 Baltimore wealth managers were considered for the award; 356 (30 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.