Michael Colannino is the Managing Partner at Black Brook Wealth Advisors and has more than 30 years of experience in the financial services industry. Throughout his career Michael has worked with large institutional clients as well as high net worth individuals. As a CERTIFIED FINANCIAL PLANNER™ (CFP®) professional, Michael helps analyze every aspect of his clients’ financial lives. This includes assets, liabilities and cash flow, life insurance, investment and tax strategies – and executes approved plans designed to help achieve well-defined objectives. This also includes meeting to review your portfolio and progress as needed to make necessary adjustments.
To meet the rigorous pre- and post-certification requirements to attain the CERTIFIED FINANCIAL PLANNER™ designation, he had to complete approved educational programs, pass exacting exams, and meet stringent experience requirements. Michael earned the "Certified Investment Management Analyst®" designation through IMCA and The Wharton School of Business.
He holds a B.S. in Marketing from the Rutgers School of Business. Michael has been recognized as a Five Star Wealth Manager in 2022. He lives in Chester, New Jersey with his wife Christine and their three children.
This award was issued on 12/1/2021 by Five Star Professional (FSP) for the time period 04/12/2021 through 10/15/2021. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 6380 New Jersey-area wealth managers were considered for the award; 431 (7% of candidates) were named 2022 Five Star Wealth Managers. 2021: 6123 considered, 459 winners (7%); 2020: 6210 considered, 480 winners (8%); 2019: 6097 considered, 477 winners (8%); 2018: 4383 considered, 415 winners (9%); 2017: 3868 considered, 664 winners (17%); 2016: 4143 considered, 626 winners (15%); 2015: 5063 considered, 672 winners (13%); 2014: 3315 considered, 646 winners (19%); 2013: 4049 considered, 733 winners (18%); 2012: 1312 considered, 400 winners (30%) Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, 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 settled or pending complaints filed against them and/or a total of five settled, pending, dismissed, or denied complaints with any regulatory authority or FSP’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP’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; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. 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. FSP does not evaluate quality of services provided to clients. The 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 clients’ 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 FSP 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 FSP in the future. Visit www.fivestarprofessional.com. Self-completed questionnaire was
used for rating. This rating is not related to the quality of the investment advice and based solely
on the disclosed criteria.
Peter Robertiello is a Partner at Black Brook Wealth Advisors and has more than 20 years of experience in the financial Services industry. Prior to joining Wells Fargo Advisors Financial Network, Peter worked as a corporate accountant for such firms as Fishbach & Moore and Emerson Radio Corporation.
As a CERTIFIED FINANCIAL PLANNER™ (CFP®) professional, Peter helps analyze every aspect of his clients’ financial lives. This includes assets, liabilities and cash flow, life insurance, investment and tax strategies – and executes approved plans designed to help achieve well-defined objectives. This also encompasses benchmarking progress toward reaching financial goals which also includes meeting to review your portfolio and progress as needed tp make necessary adjustments.
To meet the rigorous pre- and post-certification requirements to attain the CERTIFIED FINANCIAL PLANNER™ designation, he had to complete approved educational programs, pass exacting exams, and meet stringent experience requirements.
Peter graduated from Rutgers University with a degree in Marketing and Accounting.
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