Five Star award winner Magdalena G. Johndrow

PROFESSIONAL PROFILE

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Magdalena G. Johndrow

Financial Advisor & Partner

Johndrow Wealth Management LLC

Commonwealth Financial Network

2 Bridgewater Rd Ste 101

Farmington, CT 6032

Office: 860-470-7424 x105

maggie@johndrowwealth.com
https://www.johndrowwealth.com/magdalena-g-johndrow

Professional Approach

Magdalena “Maggie” Johndrow’s financial calling began with degrees from Providence College and the London School of Economics, followed by a career at prominent banks on Wall Street: Barclays and JP Morgan, where she worked with high-net worth individuals and institution clients.

While working on Wall Street, Maggie recognized traditional wealth advisors were ignoring entire groups of people, particularly women and Millennials. Maggie seized the opportunity to join Johndrow Wealth’s women-owned firm and apply her skills, revolutionizing the firm’s outreach to women and young professionals. She launched two new initiatives. First, the NextGen subscription service, an accessible financial planning service providing advice on everything from student loans to 401Ks. Second, local Divorce Workshops, composed of a panel of prominent attorneys, therapists, and financial advisors to address concerns of women — and men— surrounding divorce.

Education is Key
Maggie sees education as the key to bringing in new investors - hosting regular seminars for doctors and scientists, financial trivia nights for young professionals, and finance & divorce seminars for women. Her trivia events gained such popularity that notable corporations have asked Maggie to host similar exclusive employee events.

Passion for Financial Literacy
Maggie has also dedicated her time to bringing financial literacy to under-served populations. She volunteers with the Connecticut Money School, educating economically disadvantaged families, presented a Financial Literacy Seminar at the YWCA, and she revamped “Financial Literacy Day” at her alma mater Miss Porter’s School, where she also serves on the Alumni Board of Directors.

Maggie supplements her work by volunteering with the Junior League and the Petit Family Foundation (an organization dedicated to women in STEM), to which she was recently appointed its youngest board member; however, it’s her passion that sets her apart.

An Enthusiastic Expert
Her enthusiasm is palpable - it comes through in everything. She is frequently featured as an expert in outlets like Forbes, U.S. News, NPR, and Bloomberg. Maggie is a student loan maven, a challenge facing even some of the highest-net-worth Millennials. Maggie’s formal education— BA in Economics from Providence College and her Master’s Degree (M.Sc.) from the London School of Economics— has been supplemented by years of hands-on experience and through earning her Certified Fund Specialist® (CFS®) designation. This title showcases Maggie’s ability to build unique, robust, and well-diversified portfolios, going well-beyond picking the next “hot stock.”

Maggie’s accomplishments, industry contributions, and leadership were recognized in 2018 when she was named Investment New’s 40 Under 40.* On any given day, you can catch Maggie providing financial advice on local TV—year-end financial planning on Fox61, holiday budgeting on WTNH, and tax-season prep on NBC CT—where her passion for financial education really shines.

Always On The Go
Maggie derives the energy she brings to her clients from her outside-of-work activities. From hiking with her rescue dog, Red, at Lake Mohegan to climbing the stairs of Mayan ruins with her husband, Chris, Maggie is always on the go. She loves spending her free time tackling new challenges like running half marathons, traveling to new places to try a new dish, or skiing the steepest runs in Vermont and Colorado. Maggie enjoys swapping stories with her clients, who share a similar zest for life!

See Accomplishments

This award was issued on 11/1/20 by Five Star Professional (FSP) for the time period 2/17/20 through 9/18/20. 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. 3048 Connecticut-area wealth managers were considered for the award; 285 (9% 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: 3147, 289, 9%, 11/1/19, 2/18/19 - 9/27/19; 2018: 3178, 293, 9%, 11/1/18, 2/15/18 - 9/21/18; 2017: 2218, 283, 13%, 11/1/17, 2/15/17 - 9/11/17; 2016: 1985, 417, 21%, 10/1/16, 3/25/16 - 9/28/16; 2015: 2398, 468, 20%, 11/1/15, 3/16/15 - 9/10/15; 2014: 3926, 515, 13%, 11/1/14, 3/16/13 - 9/10/13; 2013: 2263, 531, 23%, 11/1/13, 3/16/12 - 9/10/12; 2012: 2204, 503, 23%, 11/1/12, 3/16/11 - 9/10/11.

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Securities and advisory services offered through Commonwealth Financial Network, member FINRA/SIPC, a registered investment adviser.

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.