Joseph Xerri, AAMS®
Senior Vice President - Investment Officer
A Financial Advisor since 1986 and an Accredited Asset Management SpecialistSM, I have developed long term relationships built on mutual trust by providing sound financial advice and excellent client service. For over 30 years, I have guided and assisted my clients in developing investment strategies to help build wealth and reduce or defer taxes consistent with their goals and investment objectives such as college expenses, retirement and estate planning strategies.
Prior to 1986, I practiced as a Certified Public Accountant with concentration in the securities industry for three years with major CPA and securities firms such as Goldstein Golub Kessler & Co., Oppenheim Appel Dixon & Co., and Kidder Peabody. My experience as a CPA included both tax and auditing work which has helped to form a strong analytical foundation adding value in my ability to service my clients. This background also allows me to understand and work with my clients' attorneys and accountants in a highly professional manner. I am no longer practicing as a CPA.
Bachelor's degree in accounting with concentration in economics from Brooklyn College, 1982 Cum Laude
ACTIVITIES, RECOGNITIONS and AWARDS
- South River-East Brunswick Rotary Club Past President and Secretary
- Former Director of the South River-East Brunswick Rotary Club Foundation
- Two time Paul Harris Fellow Award Recipient
- Former Financial Columnist for the "Plainsboro View"
- Named FIVE STAR Wealth ManagerSM 2012*, 2013**,2014***,2015****,2017*****,2018******
******2018 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. Actively licensed as a registered investment advisors or as a principal of a registered investment advisor 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 settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints 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 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; D. Filed for personal bankruptcy within the last 11 years; E. Been terminated from a financial services firm within the last 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. 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 acomplishment by Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. 4,383 New Jersey area wealth managers were considered for the award; 415 (<10 % of candidates) were named 2018 Five Star Wealth Managers.
*2012 - 1,312 New Jersey wealth managers were considered for the award; 400 (approximately 30% of candidates) were named Five Star Wealth Managers. **2013 - 4,049 New Jersey wealth managers were considered for the award; 733 (approximately 19% of candidates) were named Five Star Wealth Managers. ***2014 - 3,315 New Jersey wealth managers were considered for the award; 646 (approximately 20% of candidates) were named Five Star Wealth Managers **** 2015 - 5,063 New Jersey wealth managers were considered for the award; 672 (<14 % of candidates) were named Five Star Wealth Managers.
***** 2017 - 3,868 New Jersey wealth managers were considered for the award; 664 (<18 % of candidates) were named Five Star Wealth Managers.