We want to thank our clients for their continued trust and confidence, especially during the prolonged 2008 debacle when ‘risk’ took on a whole new meaning.
Beaverton, OR (PRWEB) September 28, 2016
Five Star Professional is pleased to announce Van Mason, President, StoneRidge Wealth Management, has been chosen as one of Portland’s Five Star Wealth Managers for 2016.
Five Star Professional partnered with The Wall Street Journal to recognize a select group of Portland-area wealth managers who provide quality services to their clients. Van Mason, President is featured, along with other award winners, in the September 12th issue.
“We’re truly honored to receive this award, as it validates our commitment to excellence. The advisors at StoneRidge Wealth Management use a model that is based upon careful financial planning, an emphasis on fee based compensation, and active portfolio management; our success is based upon the close relationships we have with our clients,” says Van Mason, President of StoneRidge Wealth Management. Securities and Financial Planning offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.
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.
“We want to thank our clients for their continued trust and confidence, especially during the prolonged 2008 debacle when ‘risk’ took on a whole new meaning.
No matter what the markets hand us tomorrow, we’ll always promise the highest levels of good faith and trust,” says Van.
“Based on our evaluation, the wealth managers we recognize are committed to pursuing professional excellence and have a deep knowledge of their industry. They strive to provide exemplary care to the people they serve,” stated Dan Zdon, CEO, 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. 811 Portland wealth managers were considered for the award; 223 (28% 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.