Recognition

5 Star Wealth Manager Award

Lou Melone has been awarded the Five Star Wealth Manager Award for 2012 through 2021 from Hour Detroit Magazine in Detroit.  Lou is also featured in Fortune Magazine for winning the Five Star Wealth Manager Star Award.

Five Star Professional conducts market-specific research to identify outstanding service professionals.  

Their research objective is to recognize wealth management professionals who show a commitment to clients, demonstrate strong industry credentials and are evaluated on the quality of their current practice.

2021 5 Star Wealth Manager

2021 5 Star Wealth Manager

Lou Melone has been awarded the 5 Star Wealth Manager from 2012-2021*

Fortune Magazine

Fortune Magazine

Lou Melone CFP®

5 Star Wealth Manager as Featured in Fortune Magazine

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Hour Detroit

Hour Detroit

Lou Melone, CFP®

5 Star Wealth Manager as Featured in Hour Magazine

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Thought Leadership

Unpack Your Financial Baggage by Lou Melone, CFP®

Unpack Your Financial Baggage by Lou Melone, CFP®

For up to sixty years you have been packing your suitcases—unconsciously— with inaccurate and unclear financial strategies and decisions. As you visualize your next thirty years, you have finally come to a realization that hits almost everyone at this point in life: it is time to repack my financial baggage to ensure our future; otherwise, my family and the generations thereafter will never get to where they want to go.

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Authority Magazine

Authority Magazine

The 5 Essentials of Smart Investing: With Lou Melone of Budd, Melone & Company- an Interview with Jason Hartman

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Thrive Global

Thrive Global

“Don’t Confuse Speculating with Investing” With Jason Hartman & Lou Melone 

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Authority Magazine

Authority Magazine

5 Things Retirees Say They Wish They Were Told Before They Began Retirement, with Lou Melone - an interview with Beau Henderson

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Authority Magazine

Authority Magazine

5 Things To Look For When Hiring a Financial Planner or Financial Adviser, with Lou Melone and Tyler Gallagher

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*Award candidates who satisfy the following 10 objective eligibility and evaluation criteria associated with professional excellence receive the Five Star Investment Professional award.

Eligibility Criteria 

  1. Credentialed with appropriate state or industry licensures.
  2. Actively employed as a credentialed professional in the financial services industry for a minimum of three years.
  3. Favorable regulatory and complaint history review.
  4. Accepting new clients
  5. One-year client retention rate
  1. Five-year client retention rate
  2. Number of client households served
  3. Quality of practice based on recent personal production and performance (primary service specific criteria)
  4. Education and professional designations/industry and board certifications
  5. Pro Bono and community service work

Award winners cannot pay a fee to be included in the research or the final list of award recipients.

*Melone Private Wealth LLC ("Melone Private Wealth") is a registered investment advisor with the U.S. Securities and Exchange Commission. Securities are offered through LPL Financial, Member FINRA/SIPC. LPL Financial and Melone Private Wealth are not affiliated. Melone Private Wealth provides investment advisory and related services for clients nationally.

Award based on 10 objective criteria associated with providing quality services to clients such as credentials, experience, and assets under management among other factors. Wealth managers do not pay a fee to be considered or placed on the final list of 2021 Five Star Wealth Managers.

"The inclusion of a wealth manager on The FIVE STAR Wealth Manager Award list should not be construed as an endorsement of the wealth nor should it be inferred that the responses used from the survey represent the experience of any clients. This award does not evaluate the quality of service provided and the wealth manager may have had unfavorable ratings. The rating is not indicative of the wealth manager’s future performance."