Floyd Schwartz is the managing principal and senior financial advisor at Newport Beach Wealth Management-Wells Fargo Advisors Financial Network. He offers value to his clients by providing integrity, knowledge, and experience. These are all important qualities that anyone who seeks a trusted advisor should absolutely require. He has been in the business for 28 years and continues to help his clients navigate through many different types of economic climates and achieve their respective financial goals, by having a thorough understanding of a client's objectives and implementing a customized plan for each family or business.
Mr. Schwartz has knowledge gained from experience and an extensive education in financial planning. Along with a business degree from San Diego State University, he has earned some of the most comprehensive respected designations available in the industry, CERTIFIED FINANCIAL PLANNER™(CFP®) and Chartered Financial Consultant®(ChFC®).
He has met the stringent criteria and completed the necessary training required to earn the firm's Certified PIM® Portfolio Manager designation.
The CFP® designation is considered one of the most recognized certifications in the financial services industry. It is regarded as one of the most rigorous tests and curriculums available in the industry.
Only a select group of financial advisors have earned the PIM® Portfolio Manager designation that is a reflection of experience and other minimum criteria.
Mr. Schwartz believes that any foundation must be built on trust. His integrity is uncompromised. He has had an immaculate regulatory record for his entire career. While developing an investment plan, he takes special care of his clients to help ensure that every possible detail is addressed. He has been honored as "Five Star Wealth Advisor" for 3 consecutive years by Orange Coast Magazine, and has been honored as "Five Star Wealth Advisor" by Los Angeles Magazine for 2 consecutive years. *
Floyd "Buck" Schwartz has been happily married for 21 years. He has two sons, who have provided a great deal of fun and enjoyment living in Corona del Mar, California. They love spending time together as a family. The boys are very active in sports, and their dad has coached several teams along the way. Dad also enjoys being active, playing basketball, weight training, skiing, and body surfing.
Mr. Schwartz provides a comprehensive wealth management experience encompassing estate planning strategies, business planning, and retirement planning. He provides a centralized coordination process among your professionals, including CPA's and estate attorneys. He refers to his service as being your personal/family "CFO". Utilizing his knowledge and experience of 28 years in the business, his firm offers customized wealth preservation and strategic investment management portfolios. His investment management philosophy makes use of time tested investment management techniques. His wealth management practice provides services to help people achieve financial independence and wealth preservation for generations. His knowledge encompasses all areas of wealth management including, investments, income and estate tax planning, insurance, and charitable gifting.
Mr. Schwartz understands the financial challenges facing people today. "Every person has different goals and objectives. Some people would like to leave a legacy, and others may need assistance to ensure that they may live the best life possible, without the risk of outliving their financial resources. We believe that our expertise and service is second to none in helping people and businesses achieve their respective goals."
Registered Principal/Wealth Management Specialist - Raymond James Financial (1999 - 2013)
Vice President/Financial Advisor - Merrill Lynch (1995-1999)
Financial Advisor- Paine Webber (1991-1995)
Financial Advisor- Shearson Lehman Brothers (1987-1991)
CERTIFIED FINANCIAL PLANNER™- Certified Financial Planner Board of Standards, Inc.
Chartered Financial Consultant® - The American College of Financial Services
PIM® Portfolio Manager - Wells Fargo Advisors Financial Network
Wells Fargo Advisors Financial Network is not a legal or tax advisor.
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Active as a credentialed professional in the financial services industry for a minimum of 5 years; 3. Favorable regulatory and complaint history review (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*); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients; 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 awarded. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The award methodology does not evaluate the quality of services provided and is not indicative of the winner's future performance. In 2012, 1760 Orange County wealth managers were considered for the award; 255 (14% of candidates) were named Five Star Wealth Managers. In 2013, 2293 Orange County wealth managers were considered for the award; 415 (19% of candidates) were named Five Star Wealth Managers. In 2014, 3489 Orange County wealth managers were considered for the award; 302 (9% of candidates) were named Five Star Wealth Managers. In 2013, 3488 Los Angeles County wealth managers were considered for the award; 372 (11% of candidates) were named Five Star Wealth Managers. In 2014, 6088 Los Angeles County wealth managers were considered for the award; 319 (9% of candidates) were named Five Star Wealth Managers.
*To qualify as having a favorable regulatory and complaint history, the person cannot have: 1. been subject to a regulatory action that resulted in a suspended or revoked license, or payment of a fine, 2. had more than three customer complaints filed against them (settled or pending) with any regulatory authority or Five Star Professional's consumer complaint process, 3. Individually contributed to a financial settlement of a customer complaint filed with a regulatory authority, 4. Filed for bankruptcy, or 5. Been convicted of a felony.