Contact Jon Szostek
Jon Szostek CFP®, AIF®, RICP®, CRPC®, ChFEBC℠
What is the most valuable thing you’ve learned from your clients?
The common thread is that each engagement teaches me to listen deeply and withhold the temptation to jump too quickly to a solution. Every individual or family faces different obstacles on the path to meeting their long-term goals.
Can you share a favorite kernel of wisdom for those just starting to invest and save?
Start saving for your retirement now. No one else is going to do it for you. Believe it or not, one day you will wake up and find yourself in your 50s. The earlier you start saving, the more compounding works for you—and the sooner you can start looking at work as an “option” rather than a “necessity.”
What personal traits do you believe most positively impact your job?
Positive thinking. As we all know, the stock market is not always smooth sailing. During the tough times, I try to instill the power of positive thinking on my clients. By focusing on the plan and setting realistic goals, we can help avoid financial stress by not getting caught up in current global headwinds beyond our control.
What are your personal interests and passions?
An avid local sports fan, I love attending games, playing sports, traveling and enjoying city life in Baltimore.
Education & Designations:
- Towson University, BS, Business Administration with a concentration in Finance
- Northwestern University, Certificate in Financial Planning
- CERTIFIED FINANCIAL PLANNER™
- ACCREDITED INVESTMENT FIDUCIARY®
- RETIREMENT INCOME CERTIFIED PROFESSIONAL®
- CHARTERED RETIREMENT PLANNING COUNSELOR℠
- CHARTERED FEDERAL EMPLOYEES BENEFITS CONSULTANT℠
Registration & Licenses:
- FINRA Series 7 & 66 Registrations
- Life and Health Insurance Licensed
- Named as “Five Star Wealth Manager” in Baltimore Magazine 2016, 2017, 2018 & 2019*
- Member of the Financial Planning Association®
*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 adviser 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 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 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; 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. 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. 1,865 Baltimore area wealth managers were considered for the award; 265 (14 percent of candidates) were named 2019 Five Star Wealth Managers. 2018: 1,759 considered, 232 winners; 2017: 1,093 considered, 355 winners; 2016: 1,215 considered, 356 winners; 2015: 1,749 considered, 412 winners; 2014: 1,484 considered, 395 winners; 2013: 1,490 considered, 448 winners; 2012: 1,470 considered, 262 winners.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, Certified Financial Planner™ and federally registered CFP (with flame design) in the U.S., which awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.