Five Star award winner John Gilchrist

PROFESSIONAL PROFILE

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John Gilchrist

Executive Director - Investments

Oppenheimer & Co. Inc.

500 W Madison St Ste 4000

Chicago, IL 60611

Office: 312-360-5969

john.gilchrist@opco.com

Professional Approach

Following a distinguished 25-year career as an investment banker, John Gilchrist joined the Oppenheimer organization in 1996, to partner with his wife, Joan Gilchrist, a financial advisor whose tenure with Oppenheimer began in 1982. Joan and John, both Executive Directors - Investments, have clients in 23 states, typically wealthy individuals that have sold a company or large block of stock. Their business is growing almost exclusively from referrals, including many client families that have worked with them for more than 20 years. With a methodical approach to investing which seeks to reduce the probability of loss while increasing the odds of favorable returns, wealth preservation is a major focus of their practice.

Wealth preservation, tax and estate planning issues (as they relate to investments) and generational planning are top priorities. Investment strategies are often tailored to various wealth vehicles including: Generation Skipping Trusts, Family Partnerships, Family Foundations, Charitable Remainder Trusts and Estate Related Insurance Policies.

Prior to joining Oppenheimer, John worked as an investment banker in Chicago and New York, most recently having served as Chairman of First Chicago Capital Markets Inc (a wholly-owned securities subsidiary of First Chicago Corporation and an affiliate of the First National Bank of Chicago). In addition, John is a past Chairman of the Illinois State Employees Retirement System, a Past Chairman of the Illinois Study Commission on Public Pension Investment Policy, a past member of the Illinois State Board of Investment and past President of Urban Gateways of Chicago (a National Medal of Art recipient).

John received his BBA from Southern Methodist University, and his MBA from the University of Chicago Graduate School of Business. Joan received her BA from Northwestern University.

With both creativity and attention to detail, they address the intricacies and implementation of wealth management, including many of the tasks essential to a family office.

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This award was issued on 10/1/20 by Five Star Professional (FSP) for the time period 01/6/2020 through 08/7/2020. 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. 4636 Chicago-area wealth managers were considered for the award; 356 (8% 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: 5430, 429, 8%, 10/1/19, 1/7/19 - 8/9/19; 2018: 5449, 435, 8%, 10/1/18, 1/12/18 - 8/17/18; 2017: 3781, 438, 12%, 10/1/17, 12/16/16 - 8/3/17; 2016: 3411, 725, 21%, 9/1/16, 2/26/16 - 8/19/16; 2015: 5833, 716, 12%, 10/1/15, 2/4/15 - 8/3/15; 2014: 8161, 744, 9%, 10/1/14, 2/4/13 - 8/3/13; 2013: 3998, 772, 19%, 10/1/13, 2/4/12 - 8/3/12; 2012: 2970, 780, 26%, 10/1/12, 2/4/11 - 8/3/11.

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John and Joan hold the following licenses: General Securities Representative License (Series 7), General Securities Principal (Series 24), Uniform Securities Agent State Law Examination (Series 63) and Uniform Investment Adviser Law Examination (Series 65).

They are licensed in the following states: Alaska, Arizona, California, Colorado, Delaware, Florida, Illinois, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Mexico, New York, North Carolina, Pennsylvania, Tennessee, Washington, Wisconsin, Wyoming.

Any information contained herein pertaining to securities business should not be considered a solicitation to buy or sell any securities or financial products, and is otherwise not intended for anyone who does not reside in those states.

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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.