Northstar Financial Planners, Inc. (Plantation)

Name: Northstar Financial Planners, Inc.
Address: 1250 S. Pine Island Road, Plantation, FL, 33324
Telephone: 954-693-0030

Northstar Financial Planners, Inc. is a large advisory firm based in Plantation. It manages $137.87 million of regulatory assets for 706 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Colorado, Florida, Louisiana, New York, and Texas.

Northstar Financial Planners provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Northstar Financial Planners: assets under management

The assets under management (AUM) of Northstar Financial Planners, Inc. is $137.87 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 410% since the beginning of its operation, and $1.36 million of the total AUM is attributable to clients outside of the United States.

The firm manages $137.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $195.28 thousand each.

Northstar Financial Planners has custody of $40.76 million in cash and securities for 69 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 98% of the total AUM. The second-largest asset type is exchange traded securities, which make up 7% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Northstar Financial Planners, Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Allen Page Giese serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Allen Page Giese is individuals with 228 clients and $71.92 million of assets under management. Among the 9 most similar advisory firms, Northstar Financial Planners has the 4th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $137.87 million for 273 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Northstar Financial Planners doesn't advise any private funds.

Careers at Northstar Financial Planners, Inc.

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Allen Page Giese has been acting as President since 1 May 2000. Steve Lee Tepper joined the executive team most recently as the Chief Compliance Officer/Chief Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Allen Page Giese	President/ceo	1 May 2000	75% - 100%	2145424
Gary Steven Glanz	Vice president	1 Jun 2004	Other	2694916
Steve Lee Tepper	Chief compliance officer/chief operations officer	1 Nov 2007	Other	5424187

Based in Plantation

The principal office where Northstar Financial Planners, Inc. performs its advisory services is located at 1250 S. Pine Island Road, Plantation, FL 33324, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 954-693-0030 or by fax 954-693-0031. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at northstarplanners.com/ and its LinkedIn profile.