Boulder Asset Management

Stark Asset Management, Inc., operating as Boulder Asset Management, is an SEC-registered investment adviser founded in 1984 by Richard J. Stark, CFA. The firm specializes in offering tailored investment advice to a limited number of qualified investors, focusing on wealth preservation through capital growth and income generation. As of December 31, 2024, the firm managed $426,099,643 in discretionary client assets. Stark Asset Management's investment philosophy emphasizes long-term investments to avoid excessive costs and taxes associated with market timing. The firm charges fees at 0.5% of client assets under supervision, with a minimum annual fee of $25,000. Clients are billed quarterly and can terminate services with a 90-day notice. Stark Asset Management does not charge performance-based fees or engage in side-by-side management. The firm primarily serves high net worth individuals, trusts, estates, and charitable organizations. Investment strategies include fundamental analysis, cyclical analysis, and options writing, tailored to each client's financial situation, objectives, and risk tolerance. Stark Asset Management emphasizes client education, providing regular portfolio updates and economic outlook reports. The firm does not have custody of client funds and generally operates with discretionary authority based on client-established guidelines and restrictions. Clients are responsible for voting proxies on their securities. Richard J. Stark, CFA, the President of Stark Asset Management, has extensive experience in the industry and holds a CFA designation.