Matthew Power, CFP®
Executive Vice President & Financial Advisor
As an Executive Vice President and Financial Advisor at Seventy2 Capital Wealth Management, Matt creates financial strategies for high-net-worth individuals and families. These strategies are based on investment planning and include asset allocation, investment management, investment selection, estate planning strategies, and structures for charitable giving. Matt earned the certification of Certified Financial Planner® in 2012, further attesting to his desire to provide clients with strategies tailored to their resources, needs, and goals. He brings a planning and goals-based investment management focus to every relationship. Matt believes that each client’s experience is critical. He and his team try to ensure that they provide each client with advice, responsiveness, and collaboration. Matt has been recognized as a Five Star Wealth Manager from 2018-2024.
Matt joined Seventy2 Capital in 2024 with nearly thirty years of industry experience. Before starting his career in wealth management, Matt was an associate with Greenbaum, Rowe, Smith & Davis, LLP and Paul K. Rooney PC. He then worked as a Financial Consultant for Smith Barney, and then as a Vice President – Satellite Branch Manager for Wachovia Securities. Most recently, he spent twelve years at UBS, working his way up from a Vice President – Investments, to Director – Branch Manager, to Senior Vice President – Wealth Management. He served as the Branch Manager of the UBS office in Westfield, NJ from 2012 to 2022.
Matt earned his Juris Doctorate from the Fordham University School of Law. He was awarded a Bachelor of Science in Economics from the State University of New York at Albany. Matt and his wife Alison live in Westfield, NJ. Outside of the office, he enjoys spending time with his family, golfing, reading, and running.
Location: Mountainside
This award was issued on 1/1/24 by Five Star Professional (FSP) for the time period 4/10/23 through 10/31/23. 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. 2,149 Baltimore-area wealth managers were considered for the award; 257 (12% of candidates) were named 2024 Five Star Wealth Managers. 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 www.fivestarprofessional.com.
This award was issued on 10/17/23 by Five Star Professional (FSP) for the time period 1/9/23 through 7/31/23. 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. 2,627 Washington, D.C.-area wealth managers were considered for the award; 160 (6% of candidates) were named 2023 Five Star Wealth Managers.
This award was issued on 10/17/22 by Five Star Professional (FSP) for the time period 1/10/22 through 8/26/22. 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. 2597 Washington DC-area wealth managers were considered for the award; 159 (6% of candidates) were named 2022 Five Star Wealth Managers.
This award was issued on 10/17/21 by Five Star Professional (FSP) for the time period 01/4/2021 through 07/23/2021. 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. 2091 Washington DC-area wealth managers were considered for the award; 129 (6% of candidates) were named 2021 Five Star Wealth Managers.
This award was issued on 9/1/20 by Five Star Professional (FSP) for the time period 01/27/2020 through 08/21/2020. 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. 2535 Washington DC-area wealth managers were considered for the award; 115 (5% of candidates) were named 2020 Five Star Wealth Managers.
This award was issued on 10/1/19 by Five Star Professional (FSP) for the time period 12/31/2018 through 08/9/2019. 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. 1956 Washington DC-area wealth managers were considered for the award; 122 (6% of candidates) were named 2019 Five Star Wealth Managers.
This award was issued on 10/1/18 by Five Star Professional (FSP) for the time period 02/1/2018 through 08/24/2018. 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. 1975 Washington DC-area wealth managers were considered for the award; 100 (5% of candidates) were named 2018 Five Star Wealth Managers.