Sage Financial Accolades - Five Star Wealth Manager

Third-Party Rankings

Please note limitations: Neither rankings nor recognitions by unaffiliated rating services, publications, media, or other organizations,  nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that the client will experience a certain level of results if the investment professional or the investment professional’s firm is engaged, or continues to be engaged, to provide investment advisory services. A fee was not paid by either the investment professional or the investment professional’s firm to receive the ranking. The ranking is based on specific criteria and methodology (see ranking criteria/methodology). No ranking or recognition should be construed as an endorsement by any past or current client of the investment professional or the investment professional’s firm.  ANY QUESTIONS: Sage’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including the criteria used for any reflected ranking.

Five Star Wealth Manager 2023

To receive the Five Star Wealth Manager award, a wealth manager must satisfy 10 objective eligibility and evaluation criteria that are associated with wealth managers who provide quality services to their clients. Factors taken into account include assets under management and client retention rate. Candidates also undergo a thorough regulatory and complaint review. Award winners cannot pay a fee to be included in the research or the final list of award recipients.

The award was issued on 12/1/2023 by Five Star Professionals (FSP) for the period 2/13/2023-8/31/2023. Sage did not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Wealth Managers are defined as the individuals as individuals who help their clients prepare a financial plan and/or implement aspects of their financial plan. The Five Star award is not indicative of a professional’s future performance and may not be representative of any one client’s experience.

Research Objective
Our research objective is to recognize wealth management professionals who show a commitment to clients, demonstrate strong industry credentials and are evaluated on the quality of their current practice.

Regulatory Review
Regulatory reviews of reported complaints and disciplinary actions are conducted for each award candidate and consumer feedback is gathered to augment the process.

Award Eligibility and Evaluation Criteria
Award candidates who move on in the process are asked to submit information related to the 10 objective eligibility and evaluation criteria below. The following 10 criteria are used in determining the Five Star Wealth Manager award winners:

Eligibility Required

  • Credentialed as an investment adviser representative or a registered investment advisor.
  • Actively employed as a registered investment advisor representative or as a principal of a registered investment advisor firm for a minimum of five years.
  • Favorable regulatory and complaint history.
  • Fulfilled their firm review based on internal firm standards.
  • Accepting new clients.

Evaluation Criteria Considered

  • One-year client retention rate.
  • Five-year client retention rate.
  • Non-institutional discretionary and/or non-discretionary assets administered.
  • Number of client households served.
  • Education and professional designations.

The specific numeric values for some of the objective evaluation criteria are determined after the wealth managers have submitted their data forms. For example, Five Star Professional will determine the numeric requirement for the client assets administered after the data forms have been received. This helps assure a final list that is appropriately sized for the market, and it also allows Five Star Professional to accommodate the varying levels of client assets administered by wealth managers in different regions of the country.

Firm Review

Each firm has the opportunity to review preliminary award winners from its firm and remove individuals for internal company reasons.

Program Presentation and Discussion with SEC Staff

The Five Star Wealth Manager award program was presented and discussed with the SEC Staff in Washington, D.C., in June 2011. The SEC Staff verbally advised Five Star Professional that the program does not constitute a client testimonial. In the Investment Advisers Association No-Action Letter (December 2, 2005), the SEC Staff lists eight factors that investment advisers should consider when determining whether any advertisement containing a third-party rating is false or misleading.

Award List Publication

The list of Five Star Wealth Managers for each market is published in the leading city and regional magazine and/or business publication and on Five Star award winners do not pay a fee to be included in the research or the final list of award winners.

Sage was recognized on 12/2/2023 for the period 2/13/2023-8/31/2023.

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