Firm Description and Owners
Luesink Financial Planning LLC (LFP) was established in 2008. In June of 2014, Clare Stenstrom joined
the firm and the name was changed to Luesink Stenstrom Financial (LSF). The principal owners are Anja
Luesink and Clare Stenstrom. LSF provides holistic financial life planning, financial transition planning
and investment management services, customized to meet the client's needs.
Types of Advisory Services
Financial Planning
Luesink Stenstrom Financial prepares a holistic financial plan for each client, ‘holistic’ meaning that the
analysis takes into consideration multiple financial concerns together at the same time instead of looking
at the parts individually. These include cash flow analysis, retirement planning, insurance, tax planning,
college planning, estate planning and investment analysis and recommendations on all or parts of these
depending on the client’s wishes. The financial plan is a strategy for accomplishing the client’s goals that
is implemented and monitored overtime. The scope and nature of service to be provided are the areas
that follow:
1 A thoughtful discovery process to understand your goals around which we build the financial plan.
2. Review and evaluation
We will review and analyze financial information furnished to us in the Confidential
Financial Planning Questionnaire, your on-line Financial Profile and documents provided.
3 Written plan
Based on our review, we will prepare an analysis. We will also prepare, in writing, specific
recommendations that will seek to address your concerns. Our recommendations will
include general strategies based on our analysis of your circumstances. Where
appropriate, we will include financial illustrations and projections for greater
understanding of the potential outcomes of the alternatives.
4. Implementation
We can assist you in implementing strategies that we have agreed upon. We can assist
you investing your money or provide ongoing asset management. We work closely
together with your other advisors to make sure that we are providing the highest level of
coordinated, professional advice to you. We will be available on an ongoing basis, by
telephone or in person, to answer questions, to assist you or your other advisers to take
the necessary actions, and to make recommendations regarding these matters. We will
bill separately for any such additional services provided, based upon time expended at
our standard hourly rates or we will charge a retainer fee to be decided after plan
presentation. Alternatively you may choose to do the implementation of our
recommendations yourself.
Wealth Management
Luesink Stenstrom Financial manages assets and provides on-going wealth management services.
Investment Advisory Services
In general, LSF requires individual clients to have their assets managed by the company to establish a
relationship, but in individual cases the principals of the firm can decide to work with a client that only
wants Financial Life Planning or Financial Transition Planning engagements.
LSF advises clients on existing portfolios in the context of their overall financial situation and goals. LSF
analyzes whether this portfolio is suitable in view of the client’s risk tolerance, time horizon and to achieve
the client’s goals and recommends changes if necessary.
LSF will manage the client’s assets on a discretionary basis in accordance with the client’s investment
objectives. “Discretionary basis” means that LSF in its capacity as an investment manager will from time
to time invest and reinvest and make trading decisions in complete discretion without consulting our
client(s). The client will
sign a limited Power of Attorney to give this authority to LSF; LSF will not be able
to transfer any money out of the account, unless the client approves or directs in writing. The
authorization for payment of management fees from the account(s) is included in the investment advisory
contract. LSF may invest client’s assets in a variety of asset classes, including mutual funds, equities,
fixed income or other securities. LSF may also invest client’s assets through the use of sub advisors.
Despite having assets managed on a discretionary basis, clients may place reasonable restrictions on the
management of their assets.
LSF does not offer, sponsor, or participate in a wrap program. As of December 31, 2023 LSF manages
approximately $70,490,669 on a discretionary basis, and currently is not managing assets on a non-
discretionary basis.
Ongoing Wealth Management Services
These further include:
• Ongoing asset and investment management: trading, monitoring, rebalancing and tax
management
• On-going financial planning services with updates of the financial plan
• LSF assists with the implementation tasks such as buying insurance, working with attorneys,
insurance agents and accountants to make sure that all understand the ‘master plan’ and are
working together
• Annual goal tracking and update
• Cash flow planning
• Regular tax planning to optimize your current and future tax situation
• Regular review of your estate plan and beneficiary designations
• Yearly update of insurance needs
• Major expense planning –major purchases, business planning
• Long-range and lifestyle planning
Transition Planning
When life changes, money changes, and when money changes life changes. ™
Sudden change in your financial situation can be a life-altering event. Some of these events are planned
for, such as retirement, the sale of a business or an anticipated inheritance. Other types of events many
come out of the blue – like winning the lottery, divorce or the death of a spouse. These life transition
events vary widely, some joyous and others very sad. No matter the reason or the event, you now face a
major change in your life. Obviously transition means change. When life changes, money changes, and
when money changes life changes. But the most important part of managing change isn’t the money.
People in transition may gravitate toward the money—the numbers—because they are concrete and
easily definable. But in most instances, the numbers are farther down the priority list than people think.
Transition Planning recognizes that there are two sides to money: the personal side and the technical
side. The tendency for many people when facing a transition is to try to move quickly from the ending of
one situation to what we call the New Normal. That would be nice, but it is a misconception to believe
that life works in that way. There are distinct stages in most transitions from ‘a life that was’ to ‘what will
be’. In the Passage there is a lot of confusion and stress and if pressed to make quick decisions this may
lead to regrettable decisions.
While in a transition, the focus needs to be on the personal side. Our approach recognizes that. We will
focus specifically on the communication preferences of each client to build a pathway through the
personal and technical issues that present themselves. This usually takes several meetings to cover
transition orientation, discovery, organization and protocol development. We will act as a Thinking Partner
to help clients successfully navigate their own personal journey and make the right decisions at the right
time.