Stark Financial Advisers, Inc.

Stark Financial Advisers, Inc. is a registered investment adviser that manages about $94.7 million on a discretionary basis for individuals, pension and profit‑sharing plans, corporations, and other business entities. The firm serves both clients in its wrap-fee Wealth Allocation Program (introduced primarily via R.M. Stark) and non-wrap clients under separate asset management agreements, and typically seeks accounts with at least $100,000 in assets.

The firm follows an asset-allocation driven approach informed by both fundamental and technical analysis, constructing portfolios that range from very conservative to aggressive and conducting scheduled and event‑driven reviews. SFA deploys a variety of strategies, including long‑ and short‑term trading, short sales, margin, and options strategies (such as covered calls and protective puts), and discloses the use of derivatives in separately managed accounts.

Noteworthy aspects compared with peers include SFA’s role as sponsor of a wrap-fee program (the Wealth Allocation Program), which is custodied at Pershing LLC and available only through R.M. Stark, and the firm’s prevalence of dual registrations between its advisers and the affiliated broker‑dealer—relationships the brochure identifies and discloses as potential conflicts of interest. The firm manages only discretionary assets and emphasizes documented disclosures and policies to address these brokerage and referral relationships alongside its advisory services.