PRIVATE FIDUCIARIES
Private fiduciaries have a legal obligation to act in the best interest of their clients. It makes sense that you would seek to do business with organizations and individuals that will share that fiduciary responsibility with you. When Stellar is engaged, we serve in a fiduciary capacity, which means that we have a legal responsibility to always act in the best interest of both you and your underlying client.
Our years of experience in working with private fiduciaries have given Stellar a unique understanding of the complexity of your business and your clients' needs. Private fiduciaries can use Stellar to completely outsource all investment and operational aspects of clients' investment accounts. This eases the burden on your staff and ensures that all the details of your clients' accounts will be taken care of in an efficient and timely manner. Our services include:
- Integrated cash flow and customized investment plan analysis that is “court ready”
- Unlimited "in court" assistance with explanation of an investment plan
- Coordination, at your request, with your legal counsel to ensure proper financial language for ease of account opening and maintenance.
- Preparing signature-ready custodian documents, managing account set-up, and managing interface with custodians
- Managing customized portfolio investments in accordance with an investment plan and communicate all action in portfolio.
- Stellar accepts "Investment Fiduciary" status with regard to client assets
Direct Management of Portfolios
We provide direct investment management of stocks, bonds, and alternative investments, customized to meet the specific needs of the underlying client that is receiving your fiduciary services. Our investment team will work with you to apply its depth of economic and market experience to create and manage an investment strategy to best fulfill the desired objectives. We will periodically review the progress of these strategies with you, and recommend adjustments where needed. We can offer a very detailed or very concise review of portfolio analytics and performance as you would desire, and meet to review portfolio strategies on a regular basis. For greater detail of how we manage investment portfolios, click here.
Investment Advisory Services for Participant Directed Portfolios (401k)
The Firm’s professionals have provided institutional, non-discretionary advice to employer-sponsored, self-directed retirement plans since 1987. In the capacity of a Section 3(38) investment adviser, Stellar accepts the Fiduciary responsibility of creating and managing the Plan Sponsor’s investment menu and model portfolios for the exclusive use of the Plan’s participants and/or Trustees.
Stellar creates and regularly reviews investments offered to plan participants and communicates recommended menu adjustments to the Plan Sponsor as needed, regardless of the plan provider used. Detailed reviews of individual investments and menu offerings are offered at least annually. Whether these reviews are completed in person, on the telephone, or via internet based communication, they are conducted by a member of the Firm’s investment committee. For details of how we manage this process, click here.
Coordinating the recordkeeping, administration, custody & trustee services, and investments for plan sponsors in a complex regulatory environment is challenging. We are supportive of Plan Sponsors engaging a Section 3(21) adviser to handle the non-investment management fiduciary responsibilities, and regularly recommend the affiliated consulting firm, Plan Sponsor Services, to serve in that capacity, and/or to direct participant enrollment and/or education programs.
