Interstate Financial Group, Inc.

Interstate Financial Group, Inc. provides financial planning and ongoing investment advice primarily to individuals and family units, covering insurance planning, tax planning, estate planning, college planning, investment planning and retirement planning. The firm recommends professionally managed investments — including mutual funds, variable annuities, variable life and fixed insurance products — and offers asset allocation guidance among cash, stocks and mutual funds.

IFG tailors recommendations to each client’s objectives, time horizon and risk tolerance, using approaches such as asset allocation and long-term purchases and producing a written financial plan reviewed over multiple meetings. The firm does not accept discretionary trading authority and does not custody client assets; clients receive custodial statements and are encouraged to consult tax professionals regarding tax implications.

Compared with many firms in the investment-manager category, IFG’s representatives are registered with a broker-dealer (Summit Brokerage Services) and hold securities licenses (e.g., Series 7 and Series 24) in addition to CFP credentials, and the brochure states that commissions — including from insurance and annuity sales — account for more than half of the firm’s revenue. The firm also offers fixed- or hourly-fee planning and receives marketing support and conference participation through its broker-dealer relationship, arrangements the brochure notes are disclosed to clients as potential conflicts.