Broker Check

Five Star Wealth Manager

In 2012 Mike Gibbons was awarded the Five Star Wealth Manager award. The Five Star Wealth Managers are a select group, representing less than 3 percent of the wealth managers in the Chicago area.

Chicago Magazine and Five Star Professional partnered to find wealth managers who satisfy 10 objective eligibility and evaluation criteria that are associated with wealth managers who provide quality services to their clients. In order to be considered for this prestigious award candidates must be identified by one of three sources: firm nomination, peer nomination or pre-qualifications based on industry standing.

In a consumer study about dynamics between wealth managers and their clients, Five Star Professionals polled wealth managers and consumers about communications. Both groups said that connecting three to four times a year is the right communication strategy, but exceptions are not aligned in all areas:

  • 29 percent of consumers want to be contacted by their wealth manager whenever events require and update; only 7 percent of wealth managers say they contact clients based on the impact of events.
  • 63 percent of consumers say they receive the right amount of communication from their wealth manager.

From research by Five Star Professional, April 2001.

How do you find a wealth manager with experience, who has a good base of clients with high retention rates, and who has undergone a regulatory and compliant review? Look no further, Mike Gibbons stands above the crowd and meets the needs of all his clients. Mike strives for excellence and works to provide the best experience possible for all his clients. As a result he was awarded the 2012 Five Star Wealth Manager award.

Learn more about this award. (PDF)