This award was issued on 7/1/24 by Five Star Professional (FSP) for the time period 9/12/23 through 3/29/24. Fee paid for use of marketing materials. 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. 831 Westchester-area wealth managers were considered for the award; 79 (10% of candidates) were named 2024 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2023: 749, 73, 9.7%, 7/1/23, 9/12/22 - 3/31/23; 2022: 737, 87, 12%, 7/1/22, 10/11/21 - 4/8/22; 2021: 709, 88, 12%, 7/1/21, 9/14/20 - 4/23/21; 2020: 661, 93, 14%, 7/1/20, 10/14/19 - 4/24/20; 2019: 654, 115, 18%, 7/1/19, 10/9/18 - 5/3/19; 2018: 680, 85, 13%, 7/1/18, 10/23/17 - 5/10/18; 2017: 492, 98, 20%, 7/1/17, 10/21/16 - 5/8/17; 2016: 641, 149, 23%, 6/1/16, 12/7/15 - 5/11/16; 2015: 1333, 288, 22%, 7/1/15, 12/7/14 - 5/11/15; 2014: 3105, 283, 9%, 7/1/14, 12/7/13 - 5/11/14; 2013: 1992, 316, 16%, 7/1/13, 12/7/12 - 5/11/13; 2012: 1598, 300, 19%, 7/1/12, 12/7/11 - 5/11/12.
Samalin Investment Counsel, LLC, doing business as Samalin Wealth, is registered as an investment adviser with the SEC. The firm only transacts business in states where it is properly notice-filed or is excluded or exempted from such filing requirements. Registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the adviser has attained a particular level of skill or ability.
All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions or withdrawals, and economic conditions, may materially alter the performance of your portfolio. Past performance is not a guarantee of future success.
Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client’s portfolio. There is no guarantee that a portfolio will match or outperform any particular benchmark.
Third-party rankings and awards from rating services or publications are no guarantee of future investment success. Working with a highly-rated adviser does not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the adviser by any client nor are they representative of any one client’s evaluation. Generally, ratings, rankings and recognition are based on information prepared and submitted by the adviser. Additional information regarding the criteria for rankings and awards is available upon request.
Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria - required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA 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 FSP, 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 FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP'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. FSP does not evaluate quality of services provided to clients. The 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 FSP 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 FSP in the future. Visit www.fivestarprofessional.com.
