Tom O’Conor, Partner of SCO Wealth Management, has specialized in helping his clients identify and pursue their retirement income planning needs since 2013. As his clients trusted financial advisor, Tom loves helping his clients accomplish their financial goals and setting them on a path towards long-term financial success. Ever since Tom first started investing at the age of 13, he knew that he had a passion for investing.
Before launching his own independent practice, Tom built a diverse group of clients during his time with Merrill Lynch Wealth Management. Tom graduated from Towson University with a degree in Economics and then went on to receive his Masters in Personal Financial Planning (MPAS®) from the College of Financial Planning. He also holds several other certifications, including CFP®, and CRPS®. Tom has also been named a recipient of the Five Star Wealth Manager* award in 2021.
Outside the office, Tom enjoys spending time with his wife, Caitlin, and their dog, Finn. Tom likes to stay active; some of his favorite hobbies include golfing, snowboarding, and skeet shooting. He is also very passionate about music and enjoys playing the guitar and drums.
*The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Active as a credentialed professional in the financial services industry for a minimum of 5 years; 3. Favorable regulatory and complaint history review (unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process*); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients; 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. Wealth managers do not pay a fee to be considered or awarded. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The award methodology does not evaluate the quality of services provided and is not indicative of the winner’s future performance. For 2021, 2,029 Baltimore-area wealth managers were considered for the award; 237 (12 % of candidates) were named Five Star Wealth Managers. *To qualify as having a favorable regulatory and complaint history, the person cannot have: 1. been subject to a regulatory action that resulted in a suspended or revoked license, or payment of a fine, 2. had more than three customer complaints filed against them (settled or pending) with any regulatory authority or Five Star Professional’s consumer complaint process, 3. individually contributed to a financial settlement of a customer complaint filed with a regulatory authority, 4. filed for bankruptcy, or 5. been convicted of a felony.