Frequently Asked Questions
Each client has a strong personal relationship with one or more senior advisors. Our advisors lead teams with areas of experience which are dictated by each client’s need.
Our clients are at various stages of their lives. Most have $2 to over $30 million in total assets with typically $1 million or more in investable assets. We relax our minimum for clients who are building their wealth and initially choose our financial planning process.
Our fees are entirely transparent and are dependent on services provided. We structure our wealth management and investment management fees as a percent of managed assets and are billed quarterly.
Stearns manages over $2.2 billion (as of 3/31/25) in client assets. Your portfolio will be constructed based on strategic and tactical asset allocations determined by daily analysis of worldwide financial markets. We have a dedicated research team who has access to a broad range of resources in the industry. We maintain an open architecture platform to avoid any potential conflicts of interest.
We have an experienced investment committee who collaborates to develop strategies & tactics that focus on growth, income and risk management. The team creates not only the strategic asset allocation, based on client risk profiles and longer-term asset class projections but also employs tactical changes in response to shorter term events with the goal of adding value and/or better managing risk.
Stearns Financial is an independent-minded, fee-only investment advisory practice. Client assets are held at one of our recommended custodians, such as Charles Schwab & Co., Inc.
We have a few open positions such as: Administrative Support, Client Service Associate, Financial Planner, and Jr. Financial Advisor. To apply, submit your resume and a cover letter describing a time you have been proactive in making a change or addressing a problem and how this helped improve or avoid a potentially bad scenario. Please submit responses to lbrock@stearnsfinancial.com.
Stearns Financial Group professionals are available to speak to your civic group, business or association on job trends and how to sharpen a team’s ability to adapt and thrive in a rapidly changing world. Please contact Megan Burris (336-230-1811) or mburris@stearnsfinancial.com) for speaking inquiries.
Topics include:
- Investments 101 and Defining Risk Tolerance
- Raising Money Smart Kids and Preparing Heirs for Inheritance
- Caring for Aging Parents and the Sandwich Generation
- New Beginnings – Life After Divorce, Widowhood or Empty Nest
- Organizing your Records – So Your Family Won’t Have To
- Building Your Legacy
- Super Trends
- Economic Update
- Moneyscripts
- Social Security Planning
- Medicare Planning