Lawrence C. Olin, CFP®Managing Director – Investments
Senior PIM Portfolio Manager
CA Insurance License #0B73933
As a founding member of the Olin Financial Group, Larry focuses on retirement planning, IRA strategies and asset management, all within the framework of a comprehensive understanding of corporate retirement plans. He is well versed in stock option plans and deferred compensation plans (CIP, ESOP, ESIP, ESIP-RP, LTIP, DCP, NQSO, SAR, PSU, RSU, RRP, CRP, etc.). He is a graduate of the Santa Clara University School of Business and holds the designation of CERTIFIED FINANCIAL PLANNER™ professional. Larry is a Managing Director - Investments and is a Premier Advisor* member. Larry was named one of The Bay Area’s top 75 Wealth Advisors in 2008 by the SF Business Times and Winners Circle**. For the last eight consecutive years (2012-2019) he has been recognized as; a Five Star Wealth Manager***. Larry was also recognized as one of the Bay Area’s Premier Wealth Advisors**** by National Association of Board Certified Advisory Practices (NABCAP), in 2012, 2013, and 2014. Most recently Larry was named to the ranking of 2019 Best in State Wealth Advisors by Forbes*****.
A true sports lover who played tennis at the collegiate level, Larry remains active in many sports including, triathlon, cycling, golf, tennis, basketball and skiing. You could say he’s up for pretty much anything. He also feels involvement in the community is imperative and supports various charities. Larry enjoys spending time with his family (wife, daughter and son) doing many outdoor activities and their frequent visits to Lake Tahoe.
* The Premier Advisors designation is held by a select group of Financial Advisors within Wells Fargo Advisors and reflects a high level of standards as measured by three or more of the following; length of service with the firm, completion of educational components, business production, and professionalism.
** Criteria was based on thousands of filtered nominations from investment, insurance, banking and other related firms, which were narrowed down by quantitative and qualitative criteria as well as by examining regulatory records and talking with peers, supervisors, clients and the advisors themselves. Portfolio performance is not a criterion because most advisors do not have audited track records.
***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. *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.
2012- 1,145 East Bay Area wealth managers were considered for the award; 194 (23% of candidates) were named Five Star Wealth Managers.
2013- 858 East Bay Area wealth managers were considered for the award; 194 (23% of candidates) were named Five Star Wealth Managers.
2014- 4,527 East Bay Area wealth managers were considered for the award; 204 (5% of candidates) were named Five Star Wealth Managers.
2015- 2,261 East Bay Area wealth managers were considered for the award; 183 (9% of candidates) were named Five Star Wealth Managers.
2016- 948 East Bay Area wealth managers were considered for the award; 182 (20% of candidates) were named Five Star Wealth Managers.
2017- 1,049 East Bay Area wealth managers were considered for the award; 95 (9% of candidates) were named Five Star Wealth Managers.
2018- 1,397 East Bay Area wealth managers were considered for the award; 113 (8% of candidates) were named Five Star Wealth Managers.
2019- 1,340 East Bay area wealth managers were considered for the award; 104 (8% of candidates) were named Five Star Wealth Managers.
****Ranking and evaluation is performed by an independent third-party assessment based on 20 categories of practice management; including experience, education, cost and investment planning. Participants are objectively compared and evaluated numerically. A minimum score must be attained for a practice to be considered for the final list, Winners are listed in alphabetical order. There is no cost for advisors to participate. The rating is not representative of any one client's experience and is not indicative of past or future investment performance.
*****The Forbes Best in State Wealth Advisors ranking algorithm is based on industry experience, interviews, compliance records, assets under management, revenue and other criteria by SHOOK