We are proud to share that Liz Miller and Susie McLane have been named 2025 Five Star Professionals for Wealth Management. This is Liz’s ninth year receiving this recognition and Susie’s first year to receive this recognition! Given to a select group of individuals, this designation recognizes wealth managers and investment professionals for their knowledge, experience and “exceptional client satisfaction and service.”
Click here to read more, and watch the video announcement below:
Award Disclosure: Awards listings, rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Summit Place Financial Advisors, LLC (Summit) is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Summit by any of its clients. Awards listings, rankings and/or recognition published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized advisor. This award was issued on 12/1/24 by Five Star Professional (FSP) for the time period 3/13/24 through 10/7/24. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. A Fee was paid for use of marketing materials. A Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed 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 client’s 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. 7425 New Jersey-area wealth managers were considered for the award; 431 (6% of candidates) were named 2025 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2024: 6,515, 462, 7%, 12/1/23, 3/13/23 – 9/29/23; 2023: 6,606, 407, 6%, 12/1/22, 3/21/22 – 10/18/22; 2022: 6380, 431, 7%, 12/1/21, 4/12/21 – 10/15/21; 6123, 459, 7%, 12/1/20, 3/30/20 – 10/23/20; 2020: 6210, 480, 8%, 12/1/19, 3/1/19 – 10/16/19; 2019: 6097, 477, 8%, 12/1/18, 3/21/18 – 10/12/18; 2018: 4383, 415, 9%, 12/1/17, 2/21/17 – 10/12/17; 2017: 3868, 664, 17%, 11/1/16, 2/25/16 – 10/7/16; 2016: 4143, 626, 15%, 11/1/15, 4/15/15 – 10/16/15; 2015: 5063, 672, 13%, 12/1/14, 4/15/14 – 10/16/14; 2014: 3315, 646, 19%, 12/1/13, 4/15/13 – 10/16/13; 2013: 4049, 733, 18%, 12/1/12, 4/15/12 – 10/16/12; 2012: 1312, 400, 30%, 11/1/11, 4/15/11 – 10/16/11.
