Lodestar Private Asset Management LLC

Lodestar Private Asset Management, LLC is a financial advisory firm based in Alamo, CA, established in 1980 as Retirement Benefits Planning, LLC, and rebranded in 2006. The firm specializes in providing personalized financial planning and investment management services to individuals, trusts, estates, charitable organizations, small businesses, and pension and profit-sharing plans. They offer services such as financial planning, investment management, tax services, and trust services, with a focus on tailored relationships and client-specific agreements. The firm operates as a fee-only advisor, meaning they do not accept commissions or finder's fees and do not act as a custodian of client assets. Clients retain full control over their investment accounts, with trades executed under a limited power of attorney. Lodestar manages approximately $1.1 billion in assets for around 530 clients, with a mix of discretionary and non-discretionary accounts. Their fee structure is based on a percentage of assets under management, with fees varying based on the total value of assets. Lodestar also offers financial planning services at an hourly rate. The firm does not use performance-based fees and acts as a fiduciary, obligated to act in the best interests of clients. The investment strategy includes tactical asset allocation, utilizing a mix of passive and active investments to achieve client goals. Lodestar's advisors are highly qualified, holding certifications such as CFP® and CFA. The firm has a robust information security program and a business continuity plan in place to safeguard client information and ensure uninterrupted service.