Professional Recognition and Education
February 2021 - Mike Ovshak named to Forbes' Best-in-State Wealth Advisors list for 2021
January 2021 - Named Twin Cities’ FIVE STAR Wealth Manager
November 2020 - Virtually attended Commonwealth Financial Network's 2020 National Conference
November 2020 - Virtually attended the 20th Annual Financial Planning Association's (FPA) 2020 Symposium
March 2020 - Mike Ovshak was selected to attend Commonwealth's President's Club Conference
February 2020 - Mike Ovshak was selected to attend Commonwealth's Chariman's Conference
January 2020 - Mike Ovshak named to Forbes' Best-in-State Wealth Advisors list for 2020
January 2020 - Named Twin Cities’ FIVE STAR Wealth Manager
October 2019 - Attended Financial Planning Assoication (FPA) 2019 Annual Conference
May 2019 – MIke Ovshak was selected to attend Commonwealth Financial Network's Leaders Conference
February 2019 - Mike Ovshak named to Forbes' Best-in-State Wealth Advisors list for 2019
February 2019 - Mike Ovshak was selected to attend Commonwealth's Chairman's Conference
January 2019 - Named Twin Cities’ FIVE STAR Wealth Manager
November 2018 - Attended Commonwealth Financial Network's National Conference
October 2018 - Attended 2018 FPA Symposium
June 2018 – Attended Commonwealth Financial Network's Leaders Conference
February 2018 - Mike Ovshak named to Forbes' Best-in-State Wealth Advisors list for 2018
January 2018 - Mike Ovshak was selected to attend Commonwealth's Chairman's Conference
January 2018 - Named Twin Cities' FIVE STAR Wealth Manager
November 2017 - Attended Commonwealth Financial Network's National Conference
October 2017 - Attended 2017 FPA Symposium
May 2017 - Attended Commonwealth Financial Network's President's Club
March 2017 - Attended Commonwealth Financial Network's Chairman's Retreat
January 2017 - Named Twin Cities’ FIVE STAR Wealth Manager
November 2016 - Attended Commonwealth Financial Network's National Conference
October 2016 - Attended 2016 FPA Symposium
May 2016 – Invited to Commonwealth Financial Network's Leaders Conference
March 2016 - Attended Commonwealth Financial Network's President's Club
February 2016 - Attended Commonwealth Financial Network's Chairman's Retreat
January 2016 - Named Twin Cities’ FIVE STAR Wealth Manager
November 2015 - Attended Commonwealth Financial Network's National Conference
November 2015 - Attended 2015 FPA Symposium
March 2015 – Invited to Commonwealth Financial Network's Leaders Conference
January 2015 - Named Twin Cities’ FIVE STAR Wealth Manager
January 2015 – Attended Commonwealth Financial Network’s Chairman’s Retreat
October 2014 - Attended 2014 FPA Symposium
September 2014 - Attended FPA MN Double Feature Guest Speaker
June 2014 - Invited to Commonwealth Financial Network’s Leaders Conference
May 2014 - Attended FPA MN Doubleheader
March 2014 - Attended Commonwealth Financial Network’s Chairman’s Retreat
April 2013 - Named Financial Times 400 Top Advisors List
March 2013 - Attended Commonwealth Financial Network’s Chairman’s Retreat
January 2013 - Named FIVE STAR Wealth Manager
November 2012 - National Conference for independent financial advisors
March 2012 - Attended Commonwealth Financial Network’s Chairman’s Retreat
January 2012 - Named Twin Cities’ FIVE STAR Wealth Manager
February 2011 - Attended Commonwealth Financial Network's Chairman’s Retreat
January 2011 - Named Twin Cities’ FIVE STAR Wealth Manager
February 2010 - Attended Commonwealth Financial Network’s Chairman’s Retreat
Oct/Nov 2009 - Recognized in Minnesota Law & Politics
February 2009 - Attended Commonwealth Financial Network’s Chairman’s Retreat
January 2009 - Named Twin Cities’ FIVE STAR Wealth Managers
September 2008 - Named a Top 30 Advisor Family Teams in America
July 11, 2008 - Named one of the Area’s Top Independent Wealth Advisors
January 18, 2008 - Named a Top Wealth Advisor - Minneapolis St. Paul Business Journal
January 2008 - Named Twin Cities’ FIVE STAR Wealth Managers
September 2007 - Named a Top 25 Advisor Family Teams in America
July 20, 2007 - Named one of the Area’s Top Independent Wealth Advisors
January 19, 2007 - Named Winner’s Circle of Minnesota’s Top Wealth Advisors
*Ranking Criteria: The Winner’s Circle® is an organization independent of the firms involved and does not receive compensation from the over 100 participating firms or is affiliates, financial advisors, or the media in exchange for ranking purposes. The Winner’s Circle team vetted each nominated advisor through a host of quantitative and qualitative criteria, including assets managed, revenues, experience levels, compliance records, discussions with management, and more. The Winner’s Circle focuses on customer satisfaction and client retention. Portfolio performance is not a criteria.
Minnesota Law & Politics sent a survey in November 2008 to more than 7,000 lawyers, asking them whom do they trust with their investments and whether, given the market meltdown, they still had enough trust to recommend their advisers to family and friends. The lawyers were also invited to submit comments about their advisers. From those comments and responses, they created a list of more than 200 trusted advisers.
FIVE STAR award recipients were nominated by either their broker/dealer or peers or were prequalified. They satisfied objective eligibility and evaluation criteria associated with providing quality services to clients. The criteria includes: active credentialed financial professional for a minimum of 5 years, favorable regulatory and complaint history, fulfillment of firm’s internal review, accepting new clients, client retention rates, client assets administered, number of client households, education and professional designations. No fee is paid to be included in the research or on the final list. The award is not indicative of the wealth managers’ future performance. No more than 7 percent of the wealth managers in a market receive the Five Star award. For more information please visit www.fivestarprofessional.com.
The 2021 ranking of the Forbes’ Best–in–State Wealth Advisors1 list was developed by SHOOK Research and is based on in–person and telephone due–diligence meetings to evaluate each advisor qualitatively and on a ranking algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria (including assets under management and revenue generated for their firms). Overall, approximately 32,725 advisors were considered, and 5,000 (approximately 15.3 percent of candidates) were recognized. The full methodology2 that Forbes developed in partnership with SHOOK Research is available at www.forbes.com.