Tri Star Financial Services LLC (El Segundo)

Name: Tri Star Financial Services LLC
Address: 201 Continental Boulevard, El Segundo, CA, 90245
Telephone: 310-414-1500

Tri Star Financial Services LLC is a multi-state adviser based in El Segundo. It manages $41.65 million of regulatory assets for 1,001 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Colorado, and 12 other states.

Tri Star Financial Services provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tri Star Financial Services: assets under management

The assets under management (AUM) of Tri Star Financial Services LLC is $41.65 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 9% since the beginning of its operation, and $17.8 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $41.65 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $41.61 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tri Star Financial Services LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tri Star Financial Services serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Tri Star Financial Services is individuals with 714 clients and $39.92 million of assets under management. Among the 5 most similar advisory firms, Tri Star Financial Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $41.65 million for 718 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Tri Star Financial Services doesn't advise any private funds.

Careers at Tri Star Financial Services LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Steven Rothstein	Managing member & chief compliance officer	1 Jun 2008	75% - 100%	1084659

Based in El Segundo

The principal office where Tri Star Financial Services LLC performs its advisory services is located at 201 Continental Boulevard, El Segundo, CA 90245, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-414-1500 or by fax 310-414-1508. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at mrmoneytalks.com.