Five Star Professional Honors Laurie S. Stegenga of Foresight Capital Management Advisors, Inc. with the 2016 Five Star Wealth Manager Award
Saline, MI (PRWEB) September 07, 2016 -- Laurie S. Stegenga, Foresight Capital Management Advisors, Inc. is featured in the September 12th issue of The Wall Street Journal as a 2016 Five Star Wealth Manager award winner.
Five Star Professional partnered with The Wall Street Journal to identify and showcase an exclusive group of wealth managers who have demonstrated excellence in their field.
Laurie Stegenga is President and founder of Foresight Capital Management Advisors, Inc., a fee-only Registered Investment Advisory firm that focuses on individual wealth management, corporate 401(k) and 403(b) retirement plan services. Foresight's team of advisors have professional designations including CPA, PFS, CFP®, AIF®, and AAMS. Foresight offers a wealth of services to individuals, businesses, and organizations covering investment strategies, financial planning, retirement plan services, estate planning, business succession planning, and family office planning and duties. Foresight financial advisors are committed to understanding your unique life goals and developing a comprehensive/targeted strategy that will encompass all aspects of financial situations you request. Tax planning is essential to wise investment strategies. Our CPA/PFS provides continuous tax monitoring for our clients. Continuing education is a part of all of our advisors yearly training, including ethical governance by five National and State Boards - AICPA, CEFEX®, CFP®, MICPA, and NAPFA. We offer a state-of-the-art retirement plan service to your company that is managed by an AIF® (Accredited Investment Fiduciary). Foresight is a registered firm with NAPFA.org.
The 2016 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.
“I wanted to be able to offer the following 3 services: Individuals Wealth Management, Company Retirement Plans, and Fiduciary Consulting. We enjoy helping our clients reach their personal retirement goals and dreams. Our firm conducts business as a fiduciary and we accept Investment fiduciary liability under ERISA Section 3(38) for our retirement Plans. Foresight offers a free consultation and review of your current portfolio and strategy,” says Laurie S. Stegenga of Foresight Capital Management Advisors, Inc..
“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,” states Jonathan Wesser, Research Director, 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% 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.
Five Star Representative, Five Star Professional, http://www.fivestarprofessional.com, +1 (651) 259-1965, [email protected]
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