Five Star award winner Nick Silva

PROFESSIONAL PROFILE

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Nick Silva

Financial Advisor & Owner

ProWealth LLC

201 Jones Rd Fl 5

Waltham, MA 2451

Office: 978-766-1427

Cell: 978-766-1427

Nick@prowealth-llc.com
Prowealth-llc.com

Professional Approach

Nick is a comprehensive financial planner and personal finance professional for business owners, doctors, dentists, and other professionals. His areas of focus include wealth management, retirement planning, estate planning, investment planning, education planning, business executive benefits, and business succession planning.

Nick’s mission is to fully understand the unique needs and goals of his clients, and position himself as their most valuable and trustworthy financial resource. To accomplish this, Nick and his team emphasize ongoing service and ongoing client education. They take pride in offering independent advice.

With 11 years of experience in financial advisory services, Nick values the long term relationships he has developed with clients and other professionals. His professional network allows him to be more resourceful – fostering his continuous pursuit to add value for clients.

Nick’s process includes a few simple steps: 1) actively listening to clients to make sure he fully understands what and who is important to them, 2) a thorough analysis of their situation, and 3) a presentation of the most efficient plan including a clear and simple summary of recommendations. After this, the next steps are implementation followed by ongoing education and guidance.

Nick’s passion to educate and help everyone make better decisions with their money resulted in his free financial planning commentary titled “My Two Cents.” My Two Cents is published with the intention of arming readers with knowledge and information on general topics in an effort to help enhance decision-making – whether they are a new parent, a business owner, a recent college grad, a retiree, a high net worth individual, a high finance professional, or just a curious person.

Outside of his financial planning practice, Nick enjoys playing golf and basketball, reading financial and behavioral literature, and weight training. Nick is also a car enthusiast.

To learn more about Nick and how he and his team may be of service to your business or family, He invites you to connect with him on LinkedIn or visit his website at www.ProWealth-LLC.com. Also, his financial planning commentary can be found at http://www.nicholasasilva.com/.13.htm .

See Accomplishments

This award was issued on 2/1/20 by Five Star Professional (FSP) for the time period 04/1/2019 through 12/13/2019. 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. 3580 Boston-area wealth managers were considered for the award; 463 (13% of candidates) were named 2020 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2019: 3619, 566, 16%, 1/1/19, 4/18/18 - 11/6/18; 2018: 2819, 532, 19%, 1/1/18, 3/23/17 - 11/10/17; 2017: 2467, 623, 25%, 12/1/16, 3/26/16 - 11/23/16; 2016: 2530, 632, 25%, 12/1/15, 5/18/15 - 11/6/15; 2015: 3542, 801, 23%, 1/1/15, 5/18/14 - 11/6/14; 2014: 1707, 655, 38%, 1/1/14, 5/18/13 - 11/6/13; 2013: 2362, 713, 30%, 1/1/13, 5/18/12 - 11/6/12; 2012: 2591, 454, 18%, 1/1/12, 5/18/11 - 11/6/11.

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Nick Silva, owner of ProWealth LLC, is a Financial Advisor offering investment advisory services through Eagle Strategies LLC, a Registered Investment Adviser, dba ProWealth LLC. He is a Registered Representative offering securities through NYLife Securities LLC, Member FINRA/SIPC, A Licensed Insurance Agency, 201 Jones Rd 5th Floor, 781.392.1767. ProWealth LLC is not owned or operated by NYLIFE Securities LLC or its affiliates. ProWealth LLC, Eagle Strategies LLC, and NYLIFE Securities LLC are not affiliated with Five Star Professionals. Please see disclosure below for complete description on research methodology employed by Five Star.

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.