All Star Financial

All Star Financial is an investment advisor firm established in 1992, now operating as All Star Financial LLC. Specializing in ERISA Plan Services, the firm assists with qualified and non-qualified retirement plans, offering fiduciary services as a 3(21) advisor. Clients can benefit from a 22-step fiduciary process to establish investment policies and objectives. ASF also provides non-fiduciary services such as participant education and investment option monitoring. The firm does not have a minimum account size and uses economic indicators for investment analysis, focusing on risk-based strategic allocations. Clients receive quarterly account statements and reports, with ongoing reviews to ensure compliance with investment policies. Fees are based on a percentage of assets under management or flat fee, with additional fees for services like investment policy development. ASF does not charge fees in advance and does not share in capital gains. The firm does not receive external compensation for securities sales. President Robert J. Klefsaas has financial industry affiliations, which are disclosed to clients to mitigate conflicts of interest. ASF employees adhere to a Code of Ethics, prioritizing client interests. The firm does not recommend securities in which they have a financial interest. Clients are urged to compare custodian account statements with ASF performance reports. ASF has received a loan under the paycheck protection program due to economic uncertainties caused by the COVID-19 pandemic. No bankruptcy petitions have been filed in the past ten years.