The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative;
2. Actively licensed as a registered investment adviser 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 Five Star Professional, 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 Five Star Professional’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’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. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Award does not evaluate quality of services provided to clients. Once awarded, wealth
managers may purchase additional profile ad space or promotional products. The Five Star 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 client’s 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 Five Star Professional 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 Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com
The Torcivia Team creates comprehensive financial plans. They quantify not only the growth rate required to reach
your financial goals, but also help you determine the amount of volatility you are comfortable with.
“Only when we know both can we design a financial plan that can help you to make logical decisions, even during
emotional markets.” — Robert
The Torcivia Team at Morgan Stanley
Left to right: 2016 – 2018 winner Robert T. Torcivia, Senior Vice President,
Financial Advisor, Senior Investment Management Consultant, CRPC®;
2018 winner Michelle Torcivia Madsen, Vice President, Financial Advisor, CRPC®
300 Campus Drive • Florham Park, NJ 07932
Direct: 973-660-4778 • Toll-free: 800-526-9075
2018 Five Star Wealth Manager, Michelle Torcivia Madsen
2016 – 2018 Five Star Wealth Manager, Robert T. Torcivia
©2018 Morgan Stanley Smith Barney LLC. Member SIPC. CRC1953312 11/17. Morgan Stanley Smith Barney LLC offers a wide array of
brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you.
Please visit us at http://www.morganstanleyindividual.com or consult with your Financial Advisor to understand these differences.
Wealth Manager Award Winner
Couto Defranco, P.A.
Left to right: Standing: Five-year winners Nelson Couto, CPA, CFP®, and Anthony DeFranco, CPA, CFP®, M.S.
Seated: Christina Branson, Financial Assistant; Christa Spisso, Financial Assistant
CON TAC T
Couto DeFranco, P.A. is one of New Jersey’s most trusted CPA and wealth
management firms. Nelson Couto and Anthony DeFranco understand the
importance of building long-term relationships with their clients. We listen
to what your needs are for today and what your hopes are for tomorrow. We
analyze, assess and develop a sound, objective plan. We know that you work
hard for your money — and we will do the same to help you make the most of it.
300 Executive Drive, Suite 200 • West Orange, NJ 07052
Office: 973-325-3370 • email@example.com • www.coutodefranco.com
• Comprehensive planning based on eight wealth
• Tax planning, tax preparation and accounting
• Estate planning and administration
Wealth Manager Award Winner
Working for You and With You to
Reach Your Financial Goals