Conway Financial helps those with retirement plan funds like: IRAs, 401(k), 403(b), 457, PSERS, TIAA, and TSP plans, among others, develop a customized plan for their retirement years with those assets.
Twenty-nine years ago Tom Conway founded Conway Financial to specialize in working with those near and in retirement to help them plan for and manage their assets that will be used for retirement income and to help protect the legacy they want to leave with those assets they've spent a lifetime earning.
Conway Financial does not limit themselves to one particular option or methodology for retirement income planning. There are a number of acceptable models to use in developing an income stream for your retirement years based on your overall financial picture, and all those options will be discussed in terms non-professionals can understand.
It’s also the foundation for intelligent, well-considered decisions. When you have retirement in sight, sound decisions are vital in helping you pursue your goals and avoid costly mistakes that can impact your future. For many, understanding every aspect of personal finance can be daunting. From investments to retirement to insurance, the decisions can be overwhelming.
Tom Conway, the firm's owner, has a B.S. in Economics from the University of Dayton.
In his third decade in practice, Tom has accumulated hundreds of hours of advanced professional education to continue to educate himself to better assist his clientele. For that effort, Tom as earned the coveted professional designations of:
Tom was featured at the 73rd Session of Continuing Professional (CPA) & Continuing Legal Education Seminar in Pittsburgh, speaking on Irrevocable Life Insurance Trusts and Charitable Lead Trusts in Qualified Plans.
Tom is a frequent contributor on local TV, having appeared on such shows as AgeWise and LifeQuest with Eleanor Schano on WQED, and on WTAE news with Sally Wiggin commenting on current topics of financial interest to retirees.
While education is essential, nothing can replace a commitment to the highest levels of ethics and legal compliance. Tom has agreed to comply with all the codes of ethics of his professional financial planning and insurance designations and those of his Broker/Dealer, Securities America, Inc.
Tom Conway has been named a FIVE STAR Wealth Manager nine consecutive years: 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020.
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 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 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. 1,886 Pittsburgh-area wealth managers were considered for the award; 224 (8% of candidates) were named 2020 Five Star Wealth Managers. 2019: 1,667 considered,. 251 winner; 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.