Background
Sterling Financial Group, Inc. (SFG) is a Pasadena, California-based independent financial planning and investment advisory firm. Founded by Michael P. Hatch, CFP®, MBA, JD, SFG has been serving clients for over 25 years. The firm's mission is to provide comprehensive financial services that address the unique complexities of high-net-worth families, focusing on intergenerational wealth management and holistic financial planning. SFG's vision emphasizes delivering a boutique-style experience, setting it apart in the financial advisory industry.
Key Strategic Focus
SFG specializes in navigating clients through significant life transitions, such as business succession, estate settlements, and complex divorces. The firm adopts a team-based approach, collaborating with attorneys, accountants, valuation experts, and risk specialists to ensure comprehensive financial security for its clients. Operating solely in a fee-only fiduciary capacity, SFG remains independent of stock or bond broker/dealers, banks, investment, or insurance companies, ensuring unbiased advice.
Financials and Funding
As of 2024, SFG manages approximately $322 million in assets under management (AUM) across 189 clients, with an average client balance of $1.7 million. The firm maintains a 1:47 advisor-to-client ratio, reflecting its commitment to personalized service.
Technological Platform and Innovation
SFG leverages advanced financial planning tools and technologies to deliver tailored investment strategies. The firm's proprietary methodologies focus on holistic financial planning, integrating investment management with estate and tax planning to address the multifaceted needs of high-net-worth clients.
Leadership Team
- Michael P. Hatch, CFP®, MBA, JD: Founder and Managing Principal with over 25 years of experience as an independent financial advisor.
- Kody A. Brown, CFP®, CRPS®: Financial Advisor & Principal, recognized for outstanding contributions and leading the firm's next generation of advisors.
Competitor Profile
Market Insights and Dynamics
The financial advisory industry is highly competitive, with firms striving to offer personalized services to high-net-worth individuals. The market emphasizes comprehensive financial planning, integrating investment management with estate and tax planning.
Competitor Analysis
SFG's primary competitors include:
- Califano Financial Group: A financial advisory firm with a similar client base and service offerings.
- Stellar Advisor: Provides investment advisory services, focusing on personalized financial planning.
- Fors Financial Consulting: Offers comprehensive financial consulting services, including investment management and estate planning.
- Advocate Investing Services: Specializes in investment advisory and financial planning for high-net-worth clients.
- Navigation Retirement Group: Focuses on retirement planning and investment management services.
Strategic Collaborations and Partnerships
SFG collaborates with a network of professionals, including attorneys, accountants, valuation experts, and risk specialists, to provide integrated financial solutions. These partnerships enhance the firm's ability to address complex financial scenarios and deliver comprehensive services to clients.
Operational Insights
SFG's strategic focus on intergenerational wealth management and its boutique-style service differentiate it from competitors. The firm's commitment to a fee-only fiduciary model ensures unbiased advice, fostering long-term client relationships.
Strategic Opportunities and Future Directions
SFG aims to expand its client base beyond California, leveraging its recognition as a top financial advisor to attract clients nationwide. The firm plans to continue enhancing its service offerings, focusing on the unique needs of high-net-worth families and complex financial situations.
Contact Information
- Website: www.sterlingfg.com
- Headquarters: Pasadena, California
