Mark W. Ambrose
CFP®, AIF®, MBA
Wealth Planning Manager
Toll Free: 877.728.6564
Mark W. Ambrose is a Wealth Advisor and Wealth Planning Manager at DiNuzzo Index Advisors, Inc. which has operated as an SEC Registered Investment Advisory firm since 1989 and currently manages over $735 million in assets under management as of September 30, 2019. Mark joined the firm in October of 2018, with the objective of joining a “Fee Only” Wealth Management firm that was focused on offering their clients sound, objective investment and financial planning under a fiduciary standard. Mark was a key component in DiNuzzo Index Advisors, Inc., being awarded one of the “Best Places to Work” in Western Pennsylvania/Pittsburgh in 2018 by the Pittsburgh Business Times.
Mark W. Ambrose earned the prestigious CERTIFIED FINANCIAL PLANNER™ Professional CFP® designation granted by the Certified Financial Planner Board of Standards Inc. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients.
As an active member of the Pittsburgh Chapter of The Financial Planning Association (FPA), Mark has served on their Board of Directors for over ten years in various committee leadership roles. Most recently, as the chairperson of the Government Advocacy Committee representing the FPA and its members at the Pennsylvania State Capital in Harrisburg and in Washington, DC.
Mark has been a licensed representative in financial services for over 27 years. With career experiences from several industry leading firms and positions, some of which include American Express Financial Advisors, Commonwealth Financial Network, NatCity Investments, PNC Wealth Management, S&T Financial Services and Charles Schwab Company. During his career, Mark has helped hundreds of clients plan and manage their household wealth for achieving more comfortable retirements, educating children, preparing for unexpected health issues and structuring their estates for wealth preservation. In many of his positions, he served as the lead advisor for orchestrating the efforts of various professionals needed to fully service clients, and as a mentor/educator for junior level advisors.
Mark attended the University of Pittsburgh, Pittsburgh, Pennsylvania graduating in 1974 with his BA (Bachelor of Arts), concentrating in Economics. His graduate studies culminated in an MBA (Masters in Business Administration) from Bowling Green State University in 1975 with a concentration in health care management. He is the author and co-author of several professional publications on Health Care Systems Management and Emergency Medical Systems Management.
He currently resides in Bradfordwoods, PA with his wife Peggy and their daughter.
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser 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 Five Star Professional, 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 Five Star Professional’s consumer complaint process. 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; 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. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Award does not evaluate quality of services provided to clients. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The Five Star 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 client’s 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 Five Star Professional 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 Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. XXXX Pittsburgh area wealth managers were considered for the award; XXX (XX percent of candidates) were named 2019 Five Star Wealth Managers. 2018: 1,653 considered, 227 winners; 2017: 1,133 considered, 277 winners. 2016: 1,064 considered, 423 winners; 2015: 1,494 considered, 442 winners; 2014: 1,721 considered, 458 winners; 2013: 1,777 considered, 545 winners; 2012: 1,863 considered, 493 winners.