Visionary is proud to announce that five advisors have received the “Five Star Wealth Management” Award given out by Five Star Professional. Jason Baldus, CFP®, Mike Clark, Rich Collop, CFP®, CLU®, ChFC®, Troy Hedman, CMFC®, CRPC®, and Chad Opel, CFP® were all awarded the honor. To receive the 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. Some of the factors considered include assets under management, education, professional designations, regulatory history, number of client households served, and client retention rate.
Visionary Wealth Advisors is an independent Registered Investment Advisor, founded in March 2014 by Brett Gilliland and Tim Hammett. Visionary Wealth Advisors provides comprehensive financial planning and wealth management services, including retirement, college and estate planning, and small business retirement plans. Visionary Wealth Advisors has offices in Jackson and St. Louis, MO, Edwardsville and O’Fallon, IL, Palm Beach Gardens, Florida, Buena Vista, Colorado, and Overland Park, Kansas.
Congratulations to our five “Five Star Wealth Managers!”
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or Five Star Professional’s consumer complaint process. 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; feedback may not be representative of any one clients’ experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 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 placed on the final list of Five Star Wealth Managers. Award does not evaluate quality of services provided to clients. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The Five Star award is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients’ assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by Five Star Professional or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. 2,431 St. Louis wealth managers were considered for the award; 170 (7% of candidates) were named 2020 Five Star Wealth Managers. 2019: 2,481 considered, 185 winners; 2018: 2533 considered, 179 winners; 2017: 1,681 considered, 181 winners; 2016: 1,427 considered, 324 winners; 2015: 2,194 considered, 358 winners; 2014: 1,401 considered, 389 winners; 2013: 1,726 considered, 485 winners; 2012: 1,800 considered, 455 winners. For more information on the Five Star award, research/ selection methodology, or award statistics, go to www.fivestarprofessional.com.