November 13, 2013
Five Star Professionals Names ORBA'S Richard Reisin Among Top Wealth Managers for Fourth Consecutive Year
Richard A. Reisin
Richard A. Reisin, a CPA at Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest accounting firms, was recently named a top wealth manager for the fourth consecutive year by Five Star Professionals. Mr. Reisin is among an elite group of four-year award winners with a focus in the area of taxation. Five Star Wealth Managers are featured in the November issue of Chicago magazine.
“I am truly honored to receive this award for the fourth consecutive year and would like to thank the peers who nominated me and the clients that provided feedback,” said Rich Reisin. “I remain committed to building lasting relationships with my clients to help them achieve their financial goals, as well as assist and provide counsel on their tax and business matters.”
Rich serves high-net worth individuals, partnerships and privately-held companies in a variety of industries, including medical, manufacturing, construction, real estate and distribution. He provides a wide range of accounting, tax, and consulting services to his clients including management and business consulting, budgeting and forecasting, estate planning, and mergers and acquisitions, as well traditional tax return preparation. He also assists clients with succession and exit planning as they transition to retirement or the next phase of their career.
Rich is an active member of the American Institute of Certified Public Accountants and the Illinois CPA Society, and has served on a number of committees for these organizations, including Ethics, CPA In Residence, Broker-Dealer, and the Accounting and Education Committees. He has served on the Board of Directors for the Lake Michigan Federation, and is the former Secretary and Vice Chairman of the DFK Executive Committee. He also served on the Board of Directors for the Indiana University Business School Chicago Alumni Associations, as well as the Police Assistance Center.
Rich has been with ORBA since its founding in 1977, and became a director in 1985. He graduated from Indiana University with a Bachelor’s degree in Finance and attended Northwestern University.
Five Star Professional’s Methodology
Five Star Professional teamed up with Chicago magazine to conduct research to identify wealth management professionals that provide their clients with exceptional services. Five Star Professional sought nominations from broker dealers, registered investment advisor firms and FINRA-registered representatives. Only wealth managers with a minimum of five years of experience were considered and self-nominations were not accepted. Nominations were compiled and candidates were interviewed and evaluated using ten objective criteria. Criteria included credentials, favorable regulatory and complaint history, firm review based on internal standards, new clients, one and five-year client retention rates, number of clients’ households served, and educational/professional designations. Finally, 1 in 12 high net worth households in the Chicago metropolitan area were surveyed to uncover positive and negative experiences with their wealth manager, certified public accountant or attorney. Of the 3,998 candidates nominated, less than 3% of the 31,100 registered financial advisors (wealth managers, CPAs and attorneys) in the Chicago metropolitan area were selected.
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Ostrow Reisin Berk & Abrams, Ltd. (ORBA) is a full-service accounting, tax and business consulting firm located in downtown Chicago that serves privately-held companies, individuals and nonprofit organizations. ORBA’s Certified Public Accountants have experience with accounting and assurance, business advisory services, estate planning, financial planning, fraud investigation, tax, litigation, and mergers and acquisitions. With some of the highest levels of direct client involvement in the industry, ORBA is where clients go to build long-standing, meaningful and successful relationships with resourceful, proactive business and tax advisors. For more information, visit www.orba.com, subscribe to our blog www.orbablog.com or connect with us on LinkedIn.