ORANGE COAST MAGAZINE NAMES GARY J. VYNEMAN FIVE STAR WEALTH MANAGER
2010 FIVE STAR Wealth Managers is an elite group, representing less than 3 percent of the wealth managers in the Orange County area. Only 353 of the top scoring wealth managers made this year’s list in Orange Coast Magazine.
Each wealth manager was reviewed for regulatory actions, civil judicial actions and customer complaints as reported by FINRA (the Financial Industry Regulatory Authority) and other regulatory agencies. Then, before finalizing the list, wealth managers were reviewed by a blue-ribbon panel. The blue-ribbon panel was comprised of individuals from within the financial services industry.
WHO DOES THE RATING AND WHAT IS THE CRITERIA?
In July, Crescendo surveyed, by mail and phone, 80,000 high-net-worth residents in the Orange County area and subscribers of Orange Coast Magazine. An additional 5,600 surveys were sent to financial services industry professionals.
On the surveys, recipients were asked to evaluate only wealth managers whom they knew through personal experience, and to evaluate them based upon nine criteria: customer service, integrity, knowledge/ expertise, communication, value for fee charged, meeting of financial objectives, post-sale service, quality of recommendations and overall satisfaction.
Only original surveys — no copies — returned in their specially designed envelopes were accepted as valid. By August, stacks of surveys had arrived and Crescendo began carefully scoring each wealth manager. Both positive and negative evaluations were included in the scoring. Only wealth managers with five years of experience in the financial services industry were considered.
The Five Star Wealth Manager Award is based on a survey conducted by an independent third party. The opinions of those who responded to the survey may not be representative of the experience of others. The Five Star award is not based on investment performance nor is it an indication of future performance. Respondents were not paid to participate in this survey.
