The Sterling Group

The Sterling Group is an investment advisory firm established in 1990, specializing in providing comprehensive wealth management services. The firm manages client assets totaling $376,699,107 as of December 31, 2023, offering discretionary and non-discretionary management services. Clients can invest in a variety of vehicles, including stocks, options, mutual funds, and more. The firm emphasizes a long-term, consistent investment strategy tailored to individual client goals. For new clients, the minimum investment is $1,000,000 with a minimum annual fee of $9,500. Clients pay a single annual advisory fee, calculated as a percentage of total assets. The maximum annual advisory fee is 1.75%, negotiable between the firm and the client. The fee structure may be tiered based on household accounts. The firm may pay transaction charges to custodians, potentially creating a conflict of interest. The Sterling Group acts as a fiduciary, committed to providing fair and full disclosure, and acting in the best interests of clients. The firm does not charge performance-based fees and does not accept proxy authority to vote client securities. Clients receive quarterly account statements directly from the custodian. The firm has a Code of Ethics and monitors personal securities transactions of its associates to prevent conflicts of interest. The firm recommends LPL Financial and Charles Schwab as custodians but may work with other qualified custodians based on client interests.