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Introduction
Fully
endorsed by the industry, The Winner's Circle
has evolved into an organization of the securities
industry's outstanding financial advisors, extending
across all firms.
R.J.'s
board includes industry leaders that help to establish
selection criteria--both quantitative and qualitative
measures--and promote The Winner's Circle philosophies.
The
Winner's Circle's Missions
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In
the securities industry, to promote:
- best
practices,
- highest
code of ethics, and
- integrity,
professionalism
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Outside
the industry, to promote:
- the
value of advice,
- raising
investor confidence, and
- helping
investors find a trusted advisor
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The
Winner's Circle recognizes the most outstanding financial
advisors (FAs) in the business--each of whom represent
the highest levels of ethical standards, professionalism
and success in the business.
Promotional
Activities
- 2002
September Cover Story in Registered Rep Magazine:
"America's Top Brokers"
- 2003
September Cover Story in Research Magazine
"The Winner's Circle"
- 2004
September Cover Story in Barron's Magazine "America's
Best Wealth Advisors"
| Date |
Winner's
Circle
FA |
Article |
| April
'03 |
Mark
Pollard, Merrill Lynch |
"Silence
is Golden" |
| May
'03 |
Michael
Johnston, Smith Barney |
"Expert
Allocator" |
| June
'03 |
Joe
Montgomery, Wachovia |
"The
En-Visionary" |
| July
'03 |
Raj
Sharma, Merrill Lynch |
"Understanding
the Client" |
| Aug.
'03 |
Louis
Chiavacci, Merrill Lynch |
"Wowing
the Client" |
| Sept.
'03 |
COVER
STORY |
"The
Winner's Circle top 70" |
| Oct.
'03 |
Martin
Shafiroff, Lehman Brothers |
"A
Living Legend" |
| Nov.
'03 |
Rebecca
Rothstein, Smith Barney |
"A
Preeminant Platform" |
| Dec.
'03 |
Charles
Zhang, American Express |
"Honesty
& Hard Work Pay Off"
|
| Jan.
'04 |
John
Rafal, Essex Fin'l Svcs
Inc. |
"The
Problem Solver" |
| Feb.
'04 |
John
Kulhavi, Merrill Lynch |
"Dream
Team "
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| Mar.
'04 |
Richard
Zinman, Smith Barney |
|
| Apr.
'04 |
COVER
STORY (SUPPLEMENT) |
"THE
WOMEN'S WINNER'S CIRCLE" |
| May
'04 |
Pat
Bell, Merrill Lynch |
"An
Event that Launched a Career"
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| Jun.
'04 |
Larry
Palmer, Smith Barney |
"March
of Progress"
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| Jul.
'04 |
John
Olson, Merrill Lynch |
"A
New Paradigm" |
| Aug.
'04 |
Carrie
Coghill, DB Root (Commonwealth) |
"She
Wrote the Book on Fin'l Planning"
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| Sept.
'04 |
Cover
Story |
"The
Winner's Circle: America's Top Ranked Teams"
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| Nov.
'04 |
Dana
Kishter, Morgan Stanley |
"Taking
care of business...every day"
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| Feb.
'05 |
Bernie
Benson, Merrill Lynch |
"Success
in Succession" |
- Winner's
Circle Insights, exclusively at Franklin
Templeton
| Date |
Article |
| June
'03 |
Consider
Every Client a Chairman of the Board |
| July
'03 |
3
Views of Building a Billion-Dollar Book |
| Aug.
'03 |
|
| Sept.
'03 |
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- Philanthropic
Activities
- Positive,
Controlled Publicity
- Industry
Events
Summary
of Book
The
Winner's Circle is a book about best practices. The
Winner's Circle is informative, interesting, inspirational
and full of anecdotes. The book is a model for new FAs
entering the business, while existing FAs will strive
to emulate the high standards and success patterns that
The Winner's Circle FAs share with their readers. FAs
will also glean insights into how these top achievers
are positioning their businesses for the future. Based
on intimate interviews of the top FAs, and brief profiles
of the top 100 financial advisors, this inspiring book
shares the secrets of these top performers, the pitfalls
they experienced along the way, and the directions they're
taking their businesses in this constantly-evolving
industry.
Selection
Criteria
Since
the FAs in The Winner's Circle represent each firm's
"cream of the crop," and may represent their respective
firm accordingly in the press and otherwise, each firm
participates in the selection of their FAs according
to The Winner's Circle criteria. In the interests of
promoting best practices within the industry and serving
the investing public, Firms are encouraged to nominate
Financial Advisors that have proven to best serve their
clients' needs with the highest levels of integrity
and client focus. Services may include; effecting disciplined
asset allocation models and providing services that
cater toward individuals' broad financial planning needs.
Beyond each Firm's selection based on client focus,
measurable assessments include the following criteria:
Qualitative
Criteria
Acceptable
compliance and legal records. Only FAs with the
highest ethical standards and integrity are considered.
Leeway for pending actions or minor disputes is given
by the FA's firm. (Weighting: affirmative or denial)
Client
Satisfaction. As determined by the FA's firm (with
input from Management and Client-Satisfaction reports)
and random client interviews. (Weighting: )
Community
involvement. Based
on previous Winner's Circle evaluations, it is almost
a given that these top achievers are involved in their
communities and the industry, most of them active role
models. FAs are assigned a rating of 1-10 for community
involvement. (Criterion weighting: )
Other:
Professional designations, team, platform, etc.
Quantitative
Criteria
Consistently
high revenue numbers. Gross
commission levels for non-institutional accounts over
the past three years are considered, with a heavier
weighting for revenue in most current calendar year.
For partnerships, FAs will be considered on their percent
ownership of revenue. (Criterion weighting: )
Assets
under management. Assets that the FA has under management
at his or her firm will be considered. (Criterion weighting:
)
Outside
Assets under management. Assets that the FA has
under management but not custodied at his or her firm
will be considered. (Criterion weighting: )
(Mathematically,
each FA is indexed against the FA with the highest production
and the FA with the highest asset levels; weightings
are then assigned. The weighted scores for community
involvement is added. These scores are then tallied
for each FA, ranking him or her against his/her peers.)
This
latest approach, with a more scientific process and
further involvement from my panel of advisors, will
help to safeguard against unintentionally limelighting
a rogue FA or positioning an undeserving or unsuitable
FA as a role model in the securities industry.
Distribution/Market
for Books
As
proven with previous Shook books, The Winner's Circle
will be widely distributed in bookstores across the
country and the Internet, and used as a standard guide
for all new and established FAs seeking valuable insights
from the best in the business. Other professionals interested
in The Winner's Circle include salespeople in other
fields, such as real estate and insurance, and entrepreneurs.
The book appeals to the general public who may be interested
in: reading about successful people; seeking to learn
more about investing; looking for a new FA; comparing
his or her FAs to those who set the standards. The book
is certain to bring FAs in the book many benefits (FAs
in previous Winner's Circle books all reported dramatic
increases in production, higher retention rates and
high prospect-closing ratios), and they will be hereafter
recognized as one of the greatest in the business. They
will also serve as excellent role models for others
in the industry.
Acclaim
for
The Winner's Circle
"The
Winner's Circle serves as a reminder that there are
many financial professionals out there doing great work
on behalf of their clients. We are pleased to see a
book that, by sharing numerous examples, promotes some
of the industry's best practices."
Tom Matthews, President and CEO--Private Client Group
Smith Barney
"Our
industry is lucky to have the superb professionals profiled
here, and we're lucky to have R.J. Shook to chronicle
their excellence. He raises the bar for all of us."
Dan Sontag, SVP, Advisory Division
Merrill Lynch
"Shook's
Winner's Circle is the official gateway to the industry's
most elite wealth advisors - and a roadmap to those
who aspire to join its ranks." Mark Goldberg CEO Royal
Alliance "An excellent resource for Wealth Advisors
who want to provide the highest quality advice and service."
James W. Brinkley, Chairman
Legg Mason Wood Walker, Inc.
"Any
advisor that cares about doing the best job possible
for their clients should read this book."
Jim Donley, President, Private Client Group
Wachovia Securities
"A
one-of-a-kind resource based on insights from America's
top advisors...Shook shares these ideas and strategies
in a practical, useful and enjoyable format."
Jim Putnam, Managing Director
National Sales LPL Financial Services
"The
Winner's Circle gives readers an up-close look at the
best practices of some of the most successful advisors
in the business."
Brian
Heath, General Manager
American Express Financial Advisors
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