Condor Capital Recognized as a FIVE STAR Wealth Manager on List Published in January Issue of New Jersey Monthly

MARTINSVILLE, N.J., Jan. 4, 2011 /PRNewswire/ -- Condor Capital is recognized as a 2011 FIVE STAR Wealth Manager on a list published in the January issue of New Jersey Monthly.

"It is indeed an honor to be recognized with this prestigious award," said Condor Capital President and Founder Ken Schapiro. "During the market rollercoaster ride of the last two years, our firm has continued to grow and prosper because of the tremendous confidence of our investors. This achievement and our continued growth would not have been possible without the support of our clients, many of whom have been with us for over two decades."

In addition to the FIVE STAR honor, Condor Capital was the only New Jersey wealth management firm to make the recently published Investment News list of the 50 largest financial planning firms in the country. Based on public filings, the publication lists the "leading registered investment advisory firms that provide financial planning services to individual investors." Investment News is published by Crain Communications, Inc., one of the largest U.S. privately-owned business publishers.

"We all want to be recognized as unique individuals and our team brings this philosophy to life," said Schapiro. "As an employee-owned company, we all have an interest in exceeding client expectations. And as a fee-only independent wealth manager, we eliminate potential conflicts caused by commissions. Condor Capital clients receive unlimited, free financial planning and a unique investment strategy because, when it comes to your money, one size does not fit all."

Condor offers a number of in-house investment management strategies, using stocks, bonds, mutual funds, and exchange traded funds. The firm aims to construct diversified equity portfolios with exposure to various investment styles, market capitalization, and geographic region. Bond portfolios are diversified among several different types of fixed income instruments, including bonds of varying maturities and credit qualities.

The FIVE STAR Wealth Manager Award Program is administered in multiple markets nationally by Crescendo Business Services of Eagan, Minn., which contracts a third party research firm, QMI Research, to conduct the FIVE STAR Wealth Manager research methodology using objective market research methods. FIVE STAR Wealth Manager lists are published in regional magazines around the country. Wealth managers do not pay a fee to be included in the QMI evaluation process or to be named a FIVE STAR Wealth Manager. The final list includes the evaluated wealth managers that scored highest in overall satisfaction, representing less than 7% of the wealth managers in the local market.

Condor Capital

Founded in 1988, Condor Capital is an employee-owned, SEC-registered investment advisor based in Martinsville, N.J. employing 15 professional and support staff. Since Condor is a fee-only, investment management firm, its fees are based on portfolio size, not sales commissions or number of trades. For more information on Condor Capital, please visit www.condorcapital.com or call 732-356-7323.

SOURCE Condor Capital