Firm Description:
Compass Financial Group, Inc. (hereinafter "CFG" or the "firm") is an investment adviser registered
with the Securities and Exchange Commission. The firm offers portfolio management services,
financial planning, and family office services. These services may be offered to individuals, pension
and profit-sharing plans, trusts, estates, charitable organizations, corporations, and other business
entities. The firm's services and fee arrangements are described in the following pages. These
services are designed to assist our clients in meeting their financial needs and accomplishing their
goals and objectives.
Individuals associated with CFG will provide its wealth management services. These individuals are
appropriately licensed, qualified, and authorized to provide advisory services on CFG's behalf. Such
individuals are known as Investment Adviser Representatives (IARs). Blair Shein is the principal
owner of the firm.
Portfolio Management Services
CFG provides discretionary, and may provide non-discretionary, portfolio management services on a
continuous basis. The investment advice provided is tailored to meet the needs and investment
objectives of the client. Portfolios constructed by CFG may include, without limitation, equity (stock)
securities, fixed income, mutual funds, exchange traded funds, managed accounts, structured notes,
commodities, options, hedge funds, and/or other investments. Such investments are included in
portfolios if CFG determines they are in the best interest of its clients and consistent with a client's
objectives, overall investment strategy and risk tolerance. Once the portfolio is constructed, CFG
provides continuous supervision and review of the portfolio as changes in the market conditions and
client circumstances may require.
Clients that have retained CFG for portfolio management services may also request other wealth
management services over time, including but not limited to income and estate tax planning, cash flow
planning, risk assessments, education and retirement planning.
Financial Planning Services
CFG offers goal oriented financial planning advice/services to clients. These services are provided to
our clients regarding the management of their financial resources based upon an analysis of their
individual needs. In general, the financial planning services will encompass one or more of the
following areas:
•Investment - recommend an asset allocation and portfolio strategy based on a client's
individual investment objectives, risk tolerance, investment time horizon, and personal needs.
•Retirement - analyze and recommend strategies to improve the probability of meeting a client's
retirement goals.
•Estate - review existing documents and assist in the construction of an estate plan that enables
a client to pass assets to their heirs when they want and without substantial depletion from
taxes and other transfer costs. Coordination with client's attorneys as needed.
•Personal - establish goals, budgeting / cash flow / debt management guidance, and financial
statement analysis.
•Taxes - recommend strategies to reduce current and future income tax liability in conjunction
with client's other tax professionals.
•Death and Disability - review cash needs at death, income needs of surviving dependents,
estate planning and income analysis.
•Asset Protection - coordinate with client's attorneys to assist in protecting their assets from
creditors and lawsuits.
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•Risk Management / Insurance - review existing policies to help identify any coverage gaps
and ensure proper coverage for life, health, disability, long term care, liability, home and
automobile risks.
•Education - review and analyze the various alternatives clients have to meet personal or
dependent's education needs.
An IAR of our firm will first meet with the client to gather pertinent information about their financial
circumstances and objectives. Once such information has been reviewed and analyzed, a written
financial plan - designed to achieve the clients' stated financial goals and objectives - will be produced
and presented to the client. The principal objective of this process is to allow CFG to assist the client in
developing a strategy for the successful management of income, assets, and liabilities in meeting the
client's financial goals and objectives.
Financial plans are based on the client's financial situation at the time the plan is presented and are
based on financial information disclosed by the client to CFG. CFG cannot offer any guarantees or
promises that the client's financial goals and objectives will be met. CFG does not offer legal advice.
Clients should discuss all recommended legal and tax strategies with their professional legal and
accounting advisors before implementing them. CFG makes no representation with respect to legal or
tax matters, and it is the client's responsibility to consult with legal or tax counsel as necessary. As the
client's financial situation, goals, objectives, or needs change, the client must notify CFG promptly.
Family Office Services
CFG offers family office consulting services where the firm oversees various investment accounts and
financial issues on behalf of the client. Depending on the needs of the client, some of the family office
services may include the following:
•Oversight and coordination of estate, income tax, cash flow, risk management and investment
strategies with the client's other advisors
•Coordination of the asset allocation of the portfolio
•Assist in the selection and review of money managers
•Financial statement recordkeeping
•Track and monitor cash flow and assist clients in determining how their money is spent
•Assist with planning for future cash flow needs
•Reviews and recommendations regarding real and financial investments and property
•Charitable Planning
•Succession Planning
•General financial advice
•Review and/or negotiate with client's vendors and service providers to help determine the best
options for the client
•Ongoing reports and reviews as appropriate
Clients may implement CFG's recommendations by placing securities transactions with any brokerage
firm the client chooses. The client is under no obligation to act on CFG's recommendations. Moreover,
if the client elects to implement any of the recommendations, the client is under no obligation to do so
through CFG.
Investment Policy Statement:
Generally, clients grant CFG complete discretion over the selection and amount of securities to be
bought or sold without obtaining their prior consent or approval. However, before CFG begins
managing investments on behalf of any client, an Investment Policy Statement is prepared and agreed
upon by the client to outline the parameters by which the portfolio will be managed. This Investment
Policy Statement is prepared based on a discussion with the client regarding their objectives, tolerance
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and capacity for risk, overall financial situation, and any restrictions and/or conditions imposed by the
client. For example, a client may specify that the investment in any particular stock or industry should
not exceed specified percentages of the value of the portfolio. A client may also impose restrictions or
prohibitions of transactions in the securities of a specific industry. A client may also want to direct the
firm to use a particular broker/dealer. CFG requests that clients notify CFG of any changes in their
financial situation or investment objectives, or if they wish to impose, add or modify any reasonable
restrictions to the management of their account.
Wrap Fee Programs:
CFG does not provide a wrap fee program.
Assets Under Management:
As of December 31, 2023, we provide continuous management services for $375,590,250 in client
assets on a discretionary basis.