Dronen Financial Services provides wealth management services and financial, retirement, educational and estate planning services. We also provide corporate retirement services for businesses and organizations.
Chicago, IL (PRWEB) October 21, 2015
Keith Dronen, Dronen Financial Services, LLC, will be featured in a special section of the November issue of Chicago magazine as a 2015 Five Star Wealth Manager award winner.
Five Star Professional partnered with Chicago magazine to identify and showcase an exclusive group of wealth managers who have demonstrated excellence in their field.
“Dronen Financial Services provides wealth management services and financial, retirement, educational and estate planning services. We also provide corporate retirement services for businesses and organizations,” says Keith.
A graduate of Northwestern University and Chicago Kent College of Law, Keith was a partner in a Chicago law firm and, for the past 18 years, has served clients as a financial advisor. He is the author of “Mirroring Other Insurance Clauses: Contribution by Equal Shares or Pro Rata by Limits?”
Keith is a director of the Western Golf Association, a board member of Steamboat Adaptive Recreational Sports (STARS) and past president and former board member of Wilmette Public Schools District 39.
The 2015 Five Star Wealth Manager award winners have been carefully selected for their commitment to providing quality services to their clients. The award is based on an in-depth research process incorporating peer and firm feedback with objective criteria such as client retention rates, client assets administered, industry experience, and regulatory and complaint history.
“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.
Keith Dronen’s Five Star award profile can be viewed here.
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 percent 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.
Securities offered through LPL Financial, Member FINRA/SIPC