Frequently Asked Questions

Here are some questions that we are often asked. We hope these further assist you in finding your ideal financial planning firm.

Q: How do I schedule an appointment?

A: Please call 317.848.9701 to schedule an introductory appointment. You may also email us at ken@northstarcapitalgroup.com. Our appointments are usually scheduled approximately one month in advance.

Q: What should I bring to my first meeting?

A: You should bring the following items to your initial consultation:

• Investment Account Statements
• Retirement Account Statements - IRA, 401(k), 403(b), 457 Plan, etc.
• Banking Statements - Checking, Savings, Money Market and CDs.
• Insurance Information - Annuity, Life, Disability, Long-Term Care, Homeowner's, Liability.
• Real Estate Information - Fair Market Values and Mortgage Amounts/Terms.
• Estate Planning Documents - Wills, Powers of Attorney, Medical Directives, Trusts, etc.
• 2 Years of Tax Returns - Personal and Business, if applicable.

Q: What makes Ken Varndell different from other financial planning and investment management advisors?

A: There are a number of reasons listed below.

Comprehensive Financial Advice: We simply do not offer investment advice without first knowing your situation thoroughly. This ensures that you are receiving advice that is appropriate to your circumstances, time frame, risk tolerance, goals and objectives.

Multi-generational Focus: We can assist you with and provide integrated solutions on any issue concerning or related to your family's finances. From complicated estate planning and investment issues to automobile leases and home mortgages, we can help.

Professional Designations, Degrees & Licenses: Our advisors are required to have professional designations such as Certified Financial PlannerTM professional (CFP®), Chartered Financial Consultant (ChFC®) and Certified Life Underwriter (CLU).

Independent Advisor: Ken is an independent financial advisor and NorthStar Capital Group is not a subsidiary of a financial services giant that manufactures products for a sales force to sell to the public.

Q: Who is Royal Alliance Associates Inc.?

A: Royal Alliance Associates, Inc. is one of the leading wealth management firms helping advisors and their clients for over 50 years.  Royal Alliance is part of the Advisor Group, one of the largest networks of wealth management firms in the United States, with more than 5,000 affiliated advisors.  This uniques structure provides advisors access to state-of-the-art technologies, personalized service, and broad based operational support to better serve their clients.  

Company Facts:

  • Member firm of FINRA and the Securities Investors Protection Corporation
  • SEC Registered Investment Advisor

Q: Do you recommend alternative investments such unit investment trusts?

A: Depending upon your financial situation, goals and objectives, alternative investments including limited partnerships, Unit Investment Trusts and private REITs may be utilized.

Q: Do you pick individual stocks?

A: We are not "stock pickers". Our investment philosophy is based upon proven long-term methodologies that reduce risk and provide an enhanced level of return. We may use individual equities if they are appropriate for a client's situation.

Q: How are you compensated for investment management and financial planning services?

A: We are compensated in three forms:

1. A Planning Fee.  A fee is charged for the design of a comprehensive plan for you and your family.  The amount for your plan will be determined and communicated to you once we have had a chance to look over the complexity of your situation.  The fee covers the plan design, and we provide twelve months of follow-up service, including all meetings and phone calls necessary throughout the year.  Most of our clients choose to renew their contract annually in order to retain our services and maintain control of their financial affairs on an on-going basis.

2. The second way we are paid is through product implementation.  If, in the course of preparing your financial plan, we identify needs that indicate product implementation, we will act as your broker in the open marketplace to purchase products or services appropriate for your situation.  In this event, we may be a paid a fee or a commission from an outside vendor for the implementation of a product solution identified in your financial plan. 

3. The last way we are paid is the most important part of our compensation and our commitment to you.  Our success is measured by our clients’ satisfaction and their resulting commitment to provide introductions to people that may need our services.  If you are pleased with the advice and service you receive from NorthStar Capital Group, we will ask for your help in introducing us to other people whom you know could benefit from the type of work we do.  It is truly gratifying to see our family of clients grow by word of mouth.

Q: Do you have account minimums for new clients?

A: No.  We only take on a few number of clients each year and we are as selective as to who we choose to work with as you are.  Our goal is to help you remove a huge amount of money related stress from your lives.  In order to accompish this we look for clients that we are compatibe with and who are equally committed to working with us to help them to achive their financial goals.


 

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck