Disclosures for Ratings and Affiliations
Ratings
99% Client
Retention
The formula we use to determine this metric is (Total # of AUM Clients - # of AUM clients who left the firm) / Total # of AUM clients. AUM stands for Assets Under Management. If Compass decides a client is no longer a fit and proactively offboards said client, then we do not count this in our Client Retention Formula.
We add up each year's retention rate and divide by 3 to calculate our client retention percentage over a 3-year rolling average, calculated annually. The current rating is calculated from February 2021 and up-to-date as of January 2024.
Designations
Certified Investment Management Analyst - CIMA®
Certified Investment Management Analyst (CIMA®) professionals apply state-of-the-art investment theory and integrate a complex body of knowledge systematically and ethically to assist clients in making prudent investment decisions. Robert Amato, CFP®, CIMA® earned the CIMA® designation after extensive graduate-level coursework at The Wharton School of the University of Pennsylvania.
Certified Financial Planner - CFP®
Our team of Wealth Managers and Financial Planners at Compass Wealth Management is comprised of CERTIFIED FINANCIAL PLANNER™ practitioners. The CERTIFIED FINANCIAL PLANNER™ (CFP®) certification recognizes only those individuals who have met rigorous professional standards and have agreed to adhere to the principles of integrity, objectivity, competence, fairness, confidentiality, professionalism, and diligence when dealing with clients.
Affiliations
The National Association of Personal Financial Advisors (NAPFA)
Compass Wealth Management’s Financial Planners and Wealth Managers are members of the National Association of Personal Financial Planners (NAPFA), an engaged community of Fee-Only, fiduciary financial planners that adhere to high standards.
Financial Planning Association® (FPA)
Our team of Wealth Managers and Financial Planners at Compass Wealth Management are members of The Financial Planning Association®. The FPA is the leading membership organization and trade association for CERTIFIED FINANCIAL PLANNER™ professionals.