FAQ

Please feel free to contact us with any questions and/or concerns that you have about Starfox Financial Services, our staff or services.

View and Download Starfox Financial Services’ Prospective Client Disclosure Form.

Frequently Asked Questions

What is a fiduciary?

Fiduciaries are legally obligated to prioritize their clients’ best interest as opposed to brokers (also called financial advisors) who will prioritize the interests of their firm. Regardless of your approach or politics, you need to know who you are dealing with.

Are you working with a Fiduciary Advisor?

Bestselling author Tony Robbins says in Money: Master the Game, “If there is one single step you can take today, it’s to align yourself with a fiduciary; an independent registered investment adviser (RIA for short).”

Does a firm receive third-party compensation from investment firms?

Fully-independent RIA’s such as Starfox Financial Services do not receive third party compensation from investment firms as opposed to most broker dealers.

Does a firm offer proprietary funds?

Starfox Financial Services does not offer proprietary funds. Proprietary funds tend to be highly profitable to broker-dealers.

Where will my money be held?

Tony Robbins says “A fiduciary advisor should always use a third-party custodian” (like TD Ameritrade) “to hold your funds. You then sign a limited power of attorney that gives that advisor the rights to manage the money but never make withdrawals.” TD Ameritrade has $800 billion in assets, is financially strong, never taking a bailout. Starfox Financial Services traces its beginning to 2002 and is financially strong with an experienced team of six.

 

For more information and to answer additional questions that you may have about Starfox Financial Services, please contact us.

Additional Information and Sources: