ANNAPOLIS, Md., Feb. 21, 2017 /PRNewswire-iReach/ -- Five Star Professional and Scarborough Capital Management are pleased to announce Ian Arrowsmith, Jon Szostek, Greg Ostrowski, Josh Goldsmith, and Jay Sprinkel have been chosen as five of Baltimore's Five Star Wealth Managers for 2017.

"It's an honor to be part of this years award-winning Baltimore area's wealth managers. Working with such a great group of clients and helping them save and plan for their retirement has been the most rewarding aspect of my career," stated Ian Arrowsmith.

Five Star Professional partnered with Baltimore magazine to recognize a select group of Baltimore area wealth managers who provide quality services to their clients. Ian Arrowsmith, Jon Szostek, Greg Ostrowski, Josh Goldsmith, and Jay Sprinkel were featured, along with other award winners, in a special section of the February issue.

"I am honored to be recognized this year, along with others, as a Five Star Wealth Manager. Every day I come to work excited to help guide clients to their goal of retirement and financial independence," stated Joshua P. Goldsmith.

The Five Star Wealth Manager award program is the largest and most widely published award program in the financial services industry. The award is based on a rigorous, multifaceted research methodology, which incorporates input from peers and firm leaders along with client retention rates, industry experience and a thorough regulatory history review.

"The research behind this award is extensive with each wealth manager being thoroughly vetted from numerous angles. We are proud to showcase these distinguished professionals," Jonathan Wesser, Research Director, Five Star Professional.

About the research process:

Now entering its 14th year, Five Star Professional conducts in-depth, market-specific research in more than 45 markets across the United States and Canada to identify premium service professionals.

Wealth manager award candidates are identified through firm nominations, peer nominations and industry qualifications, and then evaluated on 10 objective eligibility and evaluation criteria including; client retention rates, client assets administered, firm review and a favorable regulatory and compliant history.

Self nominations are not accepted and wealth managers do not pay a fee to be considered or awarded. The award is not indicative of the wealth manager's future investment performance. For detailed information on the Five Star Wealth Manager research methodology visit http://www.fivestarprofessional.com.

About Scarborough Capital Management

For over two decades, Scarborough Capital Management has provided comprehensive wealth management services to busy individuals and families who don't have the time to develop and manage a portfolio. What sets the company apart is its inherent interest in helping everyone from mid-level employees to top-tier executives prepare for retirement. Scarborough's services include a comprehensive array of financial planning support for people in all stages of life, including 401(k), 403(b) and TSP Management, Wealth Management, Personal Pension Analysis, Social Security Analysis and Financial Planning.  For more information about Scarborough Capital Management, visit scmadvice.com.

Securities offered through SII Investments, Inc. (SII), Member FINRA, SIPC. Advisory Services offered through Scarborough Capital Management (SCM), a Registered Investment Adviser. SII & SCM are separate companies.

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. Active as a credentialed professional in the financial services industry 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 customer complaints filed against them [settled or pending] 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 filed with a regulatory authority; D. Filed for personal bankruptcy; E. 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.

1,093 Baltimore wealth managers were considered for the award; 355 (33 percent of candidates) were named 2017 Five Star Wealth Managers.

Media Contact: Junette Mahler, Scarborough Capital Management, 8002003870, jmahler@scmadvice.com

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SOURCE Scarborough Capital Management