Spencer graduated from S.U.N.Y. Brockport with a Bachelors degree in accounting and has experience training financial consultants and assisting individual clients with their financial plans. He also works with small businesses to help them enhance their employee benefits packages.
Spencer holds Series 7, 24, 55, 63 & 65 licenses and is Life, Accident, and Health insurance licensed in New York State. He is also a CERTIFIED FINANCIAL PLANNER ™,CFP ®. Spencer has been awarded a five star quality rating by Paladin Registry after a comprehensive review of his credentials, ethics, business practices, and financial services. Only 7% of the advisors in the financial services industry qualify for the Registry’s highest quality rating.
The Paladin Registry awards its Five Star quality rating to professionals who meet its high minimum standards of credentials, ethics, and business practices. Advisors must achieve a five star quality rating to be profiled in Paladin’s Registry and less than 10% of practicing planners and advisors meet the Registry’s minimum standards. Data is gathered from a comprehensive, online questionnaire that gathers key facts from financial advisors and firms regarding: (1) credentials: degrees, experience, certifications; (2) ethics: licensing, registrations, compliance record, and fiduciary status; (3) business practices: compensation, reporting, and custodians; and (4) services: planning, investment, insurance, tax, and legal; as well as reviewing public data at FINRA.org, SEC.gov, state securities commissioners, advisor websites, and Google. Paladin’s proprietary algorithm produces quality ratings for advisors and firms. Advisors with more experience score higher than advisors with less experience; advisors with top quality certifications such as CFA, CIMA, CFP and CPA, score the highest; advisors must be financial fiduciaries who work for fees; and advisors are required to have clean compliance records for five years or more. Five stars indicate a financial advisor scored in the 90th percentile or higher when Paladin evaluated the professional’s credentials, ethics, and business practices. Investment advisors pay a fee to be included in the Paladin Registry. A Five Star, Honor Roll, quality rating and inclusion in the Registry is not indicative of future financial results, nor does it constitute an endorsement, recommendation, testimonial or favoring by Paladin. Investors are also advised to check the advisor’s compliance record at FINRA’s BrokerCheck before making advisor selection decisions.