Lodestar Private Asset Management LLC

Lodestar provides personalized financial planning and investment management to individuals (both non‑HNW and high‑net‑worth), trusts, estates, charitable organizations, small businesses and certain pension and profit‑sharing plans. The firm offers discretionary portfolio management, financial planning services and, in limited circumstances under separate engagement, tax preparation or filing assistance, operating as a fee‑only fiduciary that does not accept commissions.

The firm’s investment approach centers on tactical asset allocation using a mix of passive and active investments, with generally long‑term holdings and relatively low turnover while making tactical adjustments based on market metrics; special attention is given to tax consequences in taxable accounts. Lodestar also uses separate account money managers when appropriate, may employ margin or option strategies with client authorization, and provides quarterly reporting and regular portfolio reviews.

What is distinctive for a team of this size is Lodestar’s scale: it reports approximately $1.34 billion in assets under management across five advisors (AUM per advisor above $200 million), a level that is uncommon among peer teams and implies a higher asset base per advisor while serving roughly 549 clients in about 1,919 accounts. The firm also documents operational features less common at its peer size, including use of third‑party proxy voting administration (Proxytrust with ISS research) and formal coordination and oversight of separately managed account sponsors.