Recognitions

 

John Sundman, CPA named as a 2013, 2014, 2015, 2016, and 2017 Five Star Wealth Manager

 

John Sundman, CPA has been named as a Five Star Wealth Manager.  John is the owner and founder of Cornerstone Wealth Management, LLC.  John specializes in retirement income planning, investments, insurance, college planning and asset diversification. 

 

The Five Star program, now entering its twelfth year, is the largest and most widely published wealth manager award program in North America.  Five Star Professional conducted research to determine the wealth managers in the Twin Cities area who provide quality services to their clients.  As part of the research process for the Five Star Wealth Manager program, firms and peers nominate award candidates.  Award candidates are evaluated against 10 objective criteria to determine the Five Star Wealth Managers in more than 40 major markets.  The Five Star Wealth Manager award process includes:

 

  • Nominations by peers and firms:  Wealth managers, including financial planners and advisors, CPAs and estate planning attorneys, are nominated by their firm or a peer to be considered for the Five Star Wealth Manager award.  Self-nominations are not accepted.
  • Objective selection process for nominated wealth managers:  Award candidates are evaluated against 10 objective criteria such as client retention rates, client assets administered and a favorable regulatory and complaint history.
  • Regulatory and consumer complaint process:  Feedback from consumer surveys will augment a regulatory history review.
  • Firm review:  Firms will have the option to provide input on nominees from their firm, regardless of nomination source.

 

The resulting list of Five Star Wealth Managers is a select group, representing less than seven percent of the wealth managers in the Twin Cities area.  Now Mpls.St.Paul Magazine, Twin Cities Business and Five Star Professional have teamed up to announce the winners in a special advertising section of their January magazines.

 

 

 

Securities America and its representatives do not provide tax or legal advice.

 

 

Five Star Professional identified pre-qualified award candidates based on industry data and contacted all identified broker dealers, Registered Investment Advisor firms and FINRA-registered representatives in the Twin Cities area (includes Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, Sherburne, Washington and Wright counties in the state of Minnesota; and Pierce and St. Croix counties in the state of Wisconsin) to gather wealth manager nominations. Self-nominations were not accepted.
Award candidates were then evaluated against 10 objective eligibility and evaluation criteria associated with wealth managers who provide quality services to their clients such as client retention rates, client assets administered, firm review and a favorable regulatory and complaint history. Five Star Professional finalized the list of Five Star Wealth Managers to be no more than 7% of the approximately 17,500 wealth managers in the area. 2,151 award candidates in the Twin Cities area were considered for the award, of which 863 were named 2013 Five Star Wealth Managers.
• Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers.
• 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 client's 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, Mpls.St.Paul Magazine or Twin Cities Business.
• 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