Gabor A. Nagy, CFP®, CLU®, ChFC®, CAP®
For over 20 years as an independent advisor, Gabor has been helping his clients to focus on living their lives rather than worrying about their finances. Driven by his passion for helping people, he is dedicated to educating and coaching his clients as they make important financial & ‘life’ decisions throughout their lifetime.
As a result of his experience in both the insurance and investment arenas, Gabor’s approach to planning is both truly holistic and unique. His objective is to create a balan
ced plan that works under a myriad of circumstances, not just when the markets are up. This approach has proven to be invaluable for his clients over the years, especially during the tech bubble of 2000 and the financial crisis of 2008.
Gabor’s philosophy in life is that we are here to serve others and make the world a better place. Introducing creative charitable planning strategies to his clients has enabled them to give more to the charities and causes that are most dear to them, and in certain cases created more wealth for their retirement and their children.
Gabor is a member of the Philanthropic Planning Group of Greater New York (PPGGNY), the Community Foundation of New Jersey’s Legal, Wealth, and Tax Advisory Committee, and a founding member of the GIVE™ Alliance. He holds the CLU®, ChFC®, and CAP® (Chartered Advisor in Philanthropy®) designations from The American College and obtained his Certified Financial Planner™ certification in 2000. He holds the FINRA Series 6, 7, 24, 63, and 65 securities registrations through Commonwealth Financial Network® as well as insurance licenses in life, health, and property & casualty.
Gabor is active in the community and supports several charities, including the MS Society & Purple Strides. He is also a member of the church council at St. Mark Lutheran Church in Morristown, NJ where he lives with his family. In his spare time he enjoys skiing, hiking, tennis, listening to music, and riding his motorcycle. He is fluent in German and has close ties to family and friends in Austria and Hungary (and in case you’re wondering, Gabor is the Hungarian equivalent of Gabriel).
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. 4383 New Jersey area wealth managers were considered for the award; 415 (9 percent of candidates) were named 2018 Five Star Wealth Managers. 2017: 3868 considered, 664 winners; 2016: 4143 considered, 626 winners; 2015: 5063 considered, 672 winners; 2014: 3315 considered, 646 winners; 2013: 4049 considered, 733 winners; 2012: 1312 considered, 400 winners.
Chief Investment Officer
Rob learned about investing at a young age through his dad, who would read the Wall Street Journal each morning and call in trades from a pay phone during his coffee breaks. Rob would soon learn the power of investing as he watched his father slowly build a retirement nest egg from a modest carpenter’s salary. These early influences and his interest in economics ultimately led Rob to a career on Wall Street, and today his passion is educating people on how to sort through the complexity of Wall Street and have the best odds of investment success.
Rob began his career as an investment advisor with Lehman Brothers in 1990. He then joined Citigroup, where he devoted the next 20 years developing businesses across Citi’s consumer and institutional banking units, including Citi’s Public Sector Group, a business that provides financial advice and solutions to federal and local governments around the world. During this time he developed a deep understanding of the financial services industry and how some of the largest and most sophisticated institutions invest. In 2014 he joined Mendham Wealth Partners, where he brings his institutional experience to individuals, with the objective of helping them to invest with the same level of sophistication as endowments and sovereign wealth funds without unnecessary costs often tacked on by Wall Street. Rob holds an MBA in international finance from St. John’s University and a BS in economics from Queens College. He also holds the FINRA Series 7 and 66 securities registrations through Commonwealth Financial Network®.
Rob lives near Seattle with his wife and two children. He loves the outdoors, and when he’s not combing through academic papers you will find him camping, backpacking, skiing or otherwise exploring the Pacific Northwest with his family.
Jessica has been supporting Gabor in her role as an executive assistant since 2005. Prior to joining MWP she spent four years in the financial services industry, starting as an administrative assistant and then quickly moving up to office manager.
The central focus for Jessica is performing administrative duties for executive management such as client relations and engagement. She acts as an intermediary for clients of the firm and ensures the strategies designed for each client are accurately implemented. Jessica understands that the financial world is vast and can be confusing for many. She takes pride and care in helping clients navigate their way through a well-laid-out financial strategy and is committed to delivering an exceptional client experience, while developing long-term client relationships.
Jessica shares the beliefs in MWP’s philosophy of a holistic approach to planning, which begins with establishing a solid foundation and continues to work through obstacles that may arise. As a team we act as one mind when helping clients prepare and execute an effective financial plan.
Jessica is a notary public. She enjoys giving back to the community through various volunteer works, one of which is being part of an outreach program through her church. Jessica also enjoys nature in all of its forms with her family of five. Her hope is to help clients enjoy their life’s passion while having control over their health and wealth.