CHICAGO — 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 third consecutive year by Five Star Professionals. Mr. Reisin is among an elite group of three-year award winners with a focus in the area of taxation. Five Star Wealth Managers will be featured in the November issue of Chicago magazine.
“I am honored to receive this award for the third year in a row and would like to thank the peers who nominated me and the clients that provided feedback,” said Rich Reisin. “I am committed to building enduring 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 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 serves high-net worth individuals, partnerships and privately-held companies in a variety of industries, including medical, manufacturing, construction, real estate and distribution.
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 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 2,970 candidates nominated, less than 3% of the nearly 32,000 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 not-for-profit 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.