Five Star Financial Resources
As your financial planner we focus on your overall financial plan. We often coordinate the activities of other professionals who have expertise in specific areas.
Financial Planning
Making a secure financial plan for your family shouldn’t be confusing.
Our team of financial planners follow a five step approach to develop your personal or business financial plan. We act as your quarterback to coordinate your overall plan by providing guidance with the appropriate and necessary steps. Through our financial resource network, our team has access to a broad range of professionals to meet your specific needs.
Investment
Our experienced licensed investment advisors will assist you in building a goal driven investment portfolio.
Our process of investing starts with a relationship and is not centered on product driven answers or solutions. Through the use of our Investment “Watch Dog Service” we continually monitor your investments through frequent meetings, quarterly statements and the aggregation of all your investment accounts to simplify your life. We provide independent advice using a variety of investment planning tools which may consist of:
- Mutual Funds, Exchange Traded Funds (ETFs), and Unit Investment Trusts (UITs)
- Stocks, Bonds
- Variable, Fixed and Equity Indexed Annuities
- Real Estate Investment Trusts (REITs)
- Business Development Company (BDCs)
- Retirement Plans
- 401(K), 403(B), Individual (K), Simple, SEP, ROTH and Traditional IRA’s
Insurance
Life changes in a moment.
You have no idea when you will “need” insurance. That is why we believe it is important to plan ahead. As part of the financial planning process we believe insurance is the foundation of a solid financial plan. At Five Star, we provide insurance for all stages of life, whether you are single, have a family, retired, or own a business. We create a foundation of insurance solutions for the uncertainties of life; dying too soon, disability, or the need for long-term care.
Fiduciary Duty Statement
What is fiduciary duty?
Fiduciary duty is the requirement that certain professionals work in the best financial interest of their clients. As a Fiduciary, we must prioritize our clients’ interests over our own. Fiduciaries have two key duties: duty of care and duty of loyalty.
- Duty of Care. Fiduciaries must make informed business decisions after reviewing all available information. We analyze comprehensive information about your financial picture before making recommendations or plans.
- Duty of Loyalty. Fiduciaries must not have any undisclosed economic or personal conflicts of interest.
We are proud to commit to the following five fiduciary principles
- We will always put your best interests first.
- We will act with prudence; that is, with the skill, care, diligence, and good judgment of a professional.
- We will not mislead you, and will provide conspicuous, full and fair disclosure of all important facts.
- We will avoid conflicts of interest.
- We will fully disclose and fairly manage, in your favor, any unavoidable conflicts.