MCF Sr. Financial Advisor, Andy Sathe, Recognized as a 2024 Five Star Wealth Manager for the Third Consecutive Year

Covington, KY – MCF is proud to announce that Andy Sathe, MBA, CLU, CFP®, Senior Financial Advisor, has been recognized as a 2024 Five Star Wealth Manager—his third consecutive year receiving this prestigious award. The Five Star Wealth Manager Award is presented to a select group of professionals across more than 40 markets nationwide, recognizing their expertise, industry experience, and commitment to exceptional client service. Candidates are identified through peer and firm nominations, as well as industry credentials, and are evaluated across ten rigorous eligibility criteria to determine the final award recipients. Andy’s continued recognition underscores his dedication to helping clients navigate their financial journeys with confidence. Congratulations to Andy on this well-earned achievement!

Andy has been recognized for his commitment to pursuing professional excellence and his depth of knowledge of the industry and has been featured in Cincinnati Magazine & the Wall Street Journal.

Andy Sathe has been with MCF Advisors for over 14 years. He earned his undergraduate degree in Finance with a second major in Philosophy from the University of Notre Dame, and later, an MBA from the Kelley School of Business at Indiana University. Andy’s career has included stops in commercial real estate as well as investment banking. He is also highly involved in the local community, having served on multiple boards including Connetic Ventures and the Alpaugh Family Economics Center at UC.

IMPORTANT DISCLOSURE INFORMATION

The information contained in this article is for informational purposes only and should not be considered as investment advice or as a recommendation of any particular strategy, investment product, or service. MCF Advisors, LLC (“MCF”) is a SEC registered investment adviser. More information about the adviser can also be found by visiting: https://adviserinfo.sec.gov/. A copy of MCF’s current written disclosure statement and customer relationship summary (“Form CRS”) discussing our advisory services and fees continues to remain available upon request. The scope of the services to be provided depends upon the needs of the client and the terms of the engagement. Five Star Wealth Manager Award is presented by Five Star Professional. To receive the Five Star Wealth Manager award, a wealth manager must satisfy 10 objective eligibility and evaluation criteria. This award was issued on 9/1/24 by Five Star Professional (FSP) for the time period 12/12/23 through 7/9/24. 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. 1596 Cincinnati-area wealth managers were considered for the award; 200 (13% of candidates) were named 2024 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2023: 1,649, 240, 15%, 9/1/23, 12/12/22 - 6/30/23; 2022: 1585, 230, 15%, 9/1/22, 1/3/22 - 7/1/22; 2021: 1357, 216, 16%, 9/1/21, 12/14/20 - 7/9/21; 2020: 1406, 216, 15%, 9/1/20, 12/2/19 - 6/12/20; 2019: 1371, 238, 17%, 9/1/19, 11/19/18 - 6/28/19; 2018: 1413, 239, 17%, 9/1/18, 12/20/17 - 7/19/18; 2017: 985, 288, 29%, 9/1/17, 12/21/16 - 6/29/17; 2016: 918, 368, 40%, 8/1/16, 2/10/16 - 7/25/16; 2015: 1667, 427, 26%, 9/1/15, 2/10/15 - 7/25/15; 2014: 2082, 483, 23%, 9/1/14, 2/10/14 - 7/25/14; 2013: 1367, 509, 37%, 9/1/13, 2/10/13 - 7/25/13; 2012: 1265, 477, 38%, 9/1/12, 2/10/12 - 7/25/12. 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 ttps://www.fivestarprofessional.com/Market/CIN. Andrew Sathe did not apply for the award and neither he nor MCF are affiliated with Five Star Professional. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if MCF is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of MCF by any of its clients. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers. Working with a third-party rated advisor does not ensure that a client or prospective client will experience a higher level of satisfaction or performance. This award should not be construed as an endorsement of the advisor by any client.