SOURCE: Financial Advantage
February 09, 2011 12:54 ET
Baltimore-Area Investment Advisors Named Five Star Wealth Managers by Baltimore Magazine; Norfolk, Dippel Are Senior Financial Advisors With Financial Advantage, Columbia
COLUMBIA, MD--(Marketwire - February 9, 2011) - Lyn Dippel and Chad Norfolk, vice presidents of Financial Advantage, Inc., in Columbia, Md., were each named a 2011 Five Star Wealth Manager by "Baltimore" magazine, in the investment category, in its February issue.
Top wealth managers were chosen based on a survey of 99,000 high-net-worth households and 7,200 financial professional in the Baltimore area. Recipients evaluated wealth managers based on nine criteria including service, integrity, expertise, communication, value for fee charged, meeting financial objectives, quality of recommendations and overall satisfaction.
Dippel and Norfolk follow a multi-step process for creating a customized investment strategy using four active investment categories. Their investment process begins with an appraisal of the current market risk and long-term investment "themes," and analysis of the fundamental drivers for each of the businesses they invest in. A proprietary allocation discipline helps assure clients' portfolios are truly diversified and reflect current market realities. Portfolios feature individual stocks as well as bonds, closed-end funds, ETFs and actively managed mutual funds.
As a senior investment advisor, Dippel specializes in advising pre-retirees, divorcees, widows and sudden wealth scenarios. She is responsible for approximately $130 million in client assets and is routinely quoted by national publications, including "Kiplinger's," "SmartMoney" magazine, "BusinessWeek" and MSNBC.
Dippel holds a law degree from George Mason University School of Law and a BA from the University of Richmond and is a current member of the Virginia State Bar. She also holds the prestigious Certified Financial Planner CFP® designation.
Norfolk is responsible for approximately $125 million in client assets. He specializes in working with clients to develop their vision and implement strategies to help them reach their investment, retirement and estate planning goals. He has been quoted as an expert by "The Wall Street Journal," "Forbes," "Investor's Business Daily," Marketwatch.com, "Financial Planning Magazine" and the "Baltimore Business Journal."
Norfolk holds a BS in business administration from Towson University and the prestigious Certified Financial Planner (CFP®) designation. He resides in Finksburg with his wife and three sons and serves as a youth soccer and lacrosse coach.
Financial Advantage (www.investfai.com) in Columbia, Md., provides personal financial planning and investment-management services to retirees and aspiring retirees on a fee-only basis, and provides portfolio management for other financial advisors. "Wealth Manager" magazine and "Financial Advisor" magazine have named Financial Advantage, with about $280 million under management, one of the top independent financial advisory firms in the country. The firm was also named one of Baltimore's "Best Places to Work 2011" by "Baltimore" magazine.