Firm Description Polaris Financial (Polaris), a Delaware Limited Liability Company organized in 2016, is an SEC-registered investment advisor that maintains its principal office at 38 Maurice Road Wellesley, Massachusetts 02482. Polaris typically operates under two doing business as names: Credit Union Wealth Group and Banc Wealth Group. The firm is owned by Evan Kulak and Michael McDermott.
Types of Advisory Services Polaris offers investment management services to clients remotely, primarily over video conferencing, phone, and/or email communications. We offer investment advisory services for two types of clients: retail investors (individual and families) and employer-sponsored retirement plans.
For retail clients, our financial advisors take a goal-oriented approach to advice. We utilize quantitative and qualitative methods to determine a client's goal(s), age, risk tolerance, investment experience, time horizon, net worth, and investment preferences. The gathered information is utilized to recommend an appropriate financial strategy and portfolio. Advisory services we provide may include: ● Investment Strategy ● Asset Allocation ● Risk Tolerance ● Financial Planning ● Life Event Mapping ● Portfolio Rebalancing ● Fund Selection ● Portfolio Monitoring We typically invest retail client assets into one of our model portfolios. Model portfolios are composed of mutual funds and/or exchange traded funds (ETFs). Our model portfolios can be customized upon client request or at a financial advisor’s discretion. Custom portfolios may include a mix of mutual funds,

ETFs, and/or separately managed accounts (SMAs). Clients may impose restrictions in investing in certain securities in accordance with their preferences, values or beliefs.
For employer-sponsored retirement plans, we offer the following investment advisory services: ● 3(38) investment advisory services ● Investment Policy Statement construction and monitoring ● Employee retirement seminars ● Fund due diligence, selection, management, and benchmarking ● Qualified Default Investment Alternative (QDIA) Selection As a 3(38) Investment Manager, we are only responsible for the investments we select and will not have any responsibility or liability regarding other investments offered by the Plan. Plan Sponsors may offer an option for Plan Participants to utilize self-directed brokerage accounts. We will not manage assets held in such brokerage accounts. We will not advise Plan Participants on any aspect of a self-directed brokerage account.
Our 3(38) Investment Management services are provided by serving in the capacity as a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). In accordance with ERISA Section 408(b)(2), the Plan Sponsor is provided with a written description of our fiduciary status, the specific services to be rendered and all direct and indirect compensation we reasonably expect under the engagement.
Wrap Fee Program Polaris does not offer a wrap fee program.
Assets Under Management As of December 31st, 2023, we managed approximately $34,376,124 in client assets, all of which are on a discretionary basis.