To spread holiday cheer to families facing financial hardship in Chester County, Brumbaugh Wealth Management clients and staff donated toys and clothes in support of Holiday Hope Chest. A collection of dolls, toy cars, sports balls, games, clothes and much more were donated to prepare for Holiday Hope Chest's annual shopping event during which children and families select special gifts through the redemption of vouchers--truly brightening up their holidays.
The charitable entities and/or fundraising opportunities described herein are not endorsed by, or affiliated with Cetera Advisor Networks LLC or its affiliates. Our philanthropic interests are personal to us and are not reviewed, sponsored, or approved by Cetera Advisor Networks LLC.
Brumbaugh Wealth Management was pleased to participate in the Chester County Food Bank's annual holiday food drive. Our office manager, Nancy Garganio, delivered over 15 cartons of food that the Brumbaugh Wealth staff and firm donated to help those with food insecurity in Chester County. The Food Bank was appreciative and provided the reminder that it accepts donations at the holidays, as well as throughout the year.
Kim was honored as a Five Star Wealth Manager for 2023. By earning this honor, she has shown an outstanding commitment to clients, strong industry credentials, and has been evaluated on the quality of her practice. An announcement of this recognition appeared in the Women in Wealth section of the October/November 2023 issue of Fortune magazine. Click link to view:
This award was issued on 11/01/2023 by Five Star Professional (FSP) for the time period 02/13/2023 through 08/31/2023. 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. 3,885 Philadelphia-area wealth managers were considered for the award; 328 (8% of candidates) were named 2023 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2022: 3,604, 305, 8%, 11/1/22, 2/21/22 - 8/19/22; 2021: 3,576, 310, 9%, 11/1/21, 1/18/21 - 9/3/21; 2020: 4,148, 366, 9%, 11/1/20, 2/10/20 - 9/11/20; 2019: 3,910, 437, 11%, 11/1/19, 2/11/19 - 9/20/19; 2018: 3,721, 439, 12%, 11/1/18, 2/20/18 - 9/19/18; 2017: 3,022, 437, 14%, 11/1/17, 1/20/17 - 9/8/17; 2016: 2,671, 660, 25%, 10/1/16, 3/5/16 - 10/7/16; 2015: 4,696, 805, 17%, 11/1/15, 3/5/15 - 9/9/15; 2014: 4,438, 856, 19%, 11/1/14, 3/5/13 - 9/9/13; 2013: 3,354, 934, 28%, 10/1/13, 3/5/12 - 9/9/12; 2012: 2,847, 773, 27%, 11/1/12, 3/5/11 - 9/9/11.
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.
The Brumbaugh Wealth team recently presented a check to the Chester County Food Bank in support of its effort to serve the food insecure in the community. In addition, the team was grateful to extend their help to pack boxes during a volunteer day at their Exton warehouse--a humbling experience to serve the community, as well as support the Food Bank's impactful mission.
Brumbaugh Wealth hosted its Annual Client Event on October 19th at Whitford Country Club in Exton, PA. An evening of good food, fun, and conversation was enyoyed by over 100 attendees. In addition to being an enjoyable evening, it was also "magical" as a sleight-of-hand artist entertained clients.
Brumbaugh Wealth Management was a sponsor of the Whitford Golf Classic recently held at Whitford Country Club in Exton, PA. The Golf Classic has been held since 2011 in support of the Chester County Community Foundation, raising over $1.1M for local charities. Brumbaugh Wealth Management has been a sponsor since inception, firmly supporting the Community Foundation's mission of connecting people who care with causes that matter.
The Chester County Council of the Boy Scouts and Vista Today recognized Kim as a 2023 Leadership Megastar. She received this honor for her leadership skills, as demonstrated by her character, vision, courage, passion, and humility. Kim comments, “True leaders listen first and lead by example. My motto is: Character is how you act when others aren’t looking. Showing kindness and encouragement to help others be the best version of themselves, to build their character and influence, are just a few ways I like to inspire others, along with being humble — humility goes a long way.” Congratulations Kim--well-earned and much deserved!
The Boy Scouts of America Vista Leadership Megastar is a recognition won by presenting leadership and service to the community and is given to those who have been nominated by community members. Recognition from rating services or publications is no guarantee of future investment success. Working with a highly rated advisor does not ensure that a client or prospective client will experience a higher level of performance of results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluations. No compensation was provided directly or indirectly by the recipient for participation or in connection with obtaining or using the third-party rating or award.
Brumbaugh Wealth was a proud sponsor of the Chester County Chamber of Business and Industry's (CCCBI) Annual Golf Outing recently held at Applebrook Golf Club. Our firm supported this event as a "Hole Sponsor", as well as fielded a twosome. CCCBI's mission is to develop the workforce and help businesses in Southeastern Pennsylvania.
Brumbaugh Wealth was pleased to be a sponsor of Home of the Sparrow's Walk for Women. The walk benefitted securing housing for homeless women and their families in Chester County. Several team members and their families participated, not allowing overcast skies to deter their support or enthusiasm.
Kim Brumbaugh, as a Chester County Hospital Foundation Board Member, recently participated in the ribbon cutting ceremony of the new Abramson Cancer Center at Penn Medicine's Chester County Hospital. The Center will provide exceptional and state-of-the-art cancer treatment and care to the patients and families within the community.
40 Young Professionals who are 40 years or younger were recognized by Vista Today for their contributions to their companies and communities at a recent event held at the Great Valley Penn State campus. Brumbaugh Wealth was pleased to be a sponsor of this event in support of these Millennial Superstars and their achievements.
Brumbaugh Wealth was pleased to be a sponsor of the United Way's 2023 Chester County Stronger Golf Classic held at Penn Oaks Golf Club. Funds raised from this event supported United Way's efforts to provide education, health, and financial stability to residents in Chester County. In addition to being the Golf Ball sponsor, Brumbaugh Wealth provided a lively foursome to participate in the outing.
Brumbaugh Wealth staff and family members recently participated in The Snowball Shuffle. Joining in the spirit of the event, our team donned snowman caps. This 5k run/ 1 mile walk was held on March 4 at Eagleview Town Center in Exton, PA. All proceeds from this event, which Brumbaugh Wealth was a sponsor, benefited Communities that Care of Greater Downingtown in its mission to use preventative programs and policies to foster positive mental health and youth development.
On November 3, Kim was recognized as the 2022 Executive of the Year by the Chester County Chamber of Business & Industry (CCCBI) during its Annual Awards Celebration. This award is presented to a senior executive who demonstrates great business and civic leadership in the community. Laura Manion, CCCBI President, shared, “Kim Brumbaugh is a true public servant and is continually recognized for being a top performer in her industry and for her decades of notable experience. She is not only a leader in the Chester County business community, but also in the nonprofit sphere, serving on many boards, and bringing her talents, mentorship, and initiatives to those organizations.”
Executive of the Year: Awarded to a Chester County Chamber of Commerce member who is C-Level Executive Leader of a company who has had a significant impact during the year or who has shown steadfast leadership to their company and the community on an ongoing basis. The nominations are made by Chester County Chambers members. The Executive Board decides by majority vote on the recipient of the award. Listing in this publication and/or award is not a guarantee of future investment success. This recognition should not be construed as an endorsement of the advisor by any client. No compensation was provided directly or indirectly by the recipient for participation or in connection with obtaining or using the third-party rating or award.
Kim conducted a breakout session for the Chester County Chamber’s Women Influencing Business “WIB” conference held at the Boy Scout’s of America complex in Exton, PA. Her topic was “Women and Finance in Today’s Economy”. The WIB event was a huge success, with sixty-seven women attending.
Brumbaugh Wealth Management is pleased to announce the opening of our newest office location in Greensboro, North Carolina. August 1, 2022 marked the grand opening at 101 S. Elm Street, Suite 56, Greensboro, NC 27401. Financial Planner and Director of Business Development, Andrew Scheppegrell (Schep) is our “resident” advisor. This is a perfect fit for Andrew as he is a native of Greensboro and graduate of the University of South Carolina. He started his career in the industry in 2016 before joining Brumbaugh Wealth in 2018. “I’m thrilled to bring the financial planning experience that I learned from my colleagues in Pennsylvania back to my hometown of Greensboro. I’m passionate about helping individuals and families plan for their futures and having the opportunity to do so here in Greensboro is incredibly motivating for me”, states Schep. “You can contact me at 336-253-2513 or firstname.lastname@example.org .”
The Philadelphia Business Journal honors Brumbaugh Wealth Management at their 2022 Faces of Philanthropy event. Brumbaugh Wealth Management partnered with The United Way of Chester County to undertake tax reassessments for local homeowners that were being overcharged with their taxes. Of those undertaken, Brumbaugh has paid for one in five mobile homeowner reassessments. This initiative has saved hundreds of thousands of dollars in taxes and penalties. With the financial support of Brumbaugh, they have successfully appealed over 760 cases, saving mobile homeowners an average of $885.35 annually on taxes.