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This is their disclaimer: "The award methodology does not evaluate the quality of services provided." WTF?!
"Quality of Service" is the staple of any measure for success, profitability, business longevity and consumer satisfaction. This trophy basically awards you for having a good bowel movement.
Worthless piece of CRAP award!
Read this October 2017 article:
https://secondhalfplanning.com/blog/dont-be-fooled-by-five-star-professional-awards
Each year, they (ie. The 5 Star program) grant Five Star awards to "wealth managers," investment professionals, real estate agents, mortgage professionals, and home/auto insurance agents. These award recipients must meet certain eligibility and selection criteria. Five Star has done a pretty good job in laying out evaluation steps, but it's a low hurdle and measures the wrong things.
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Another link about this worthless award:
http://www.sandiegofeeonly.com/fivestar.html
"We recommend that you be wary of any financial advisor (whether Fee-Only, Fee-Based, or Commission-Based) that promotes these type of awards. Unless they are completely ignorant, these advisors are engaging in deceptive promotion."
PATHETIC and BOGUS Award!
This is the 5-Star Professional disclaimer:
"The award methodology does not evaluate the quality of services provided."
https://www.fivestarprofessional.com/Spotlights/*******/Tips
Don't be FOOLED by anyone showing off this award!
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