SourcingSourcing

ALL STAR FINANCIAL LLC

B57
CRD 323765·SEC 801-126834·MINNEAPOLIS, MN
AUM
$881.7M
$500M-$1B
Est. Revenue
$8.8M
@ 1% on AUM
Est. EBITDA
$2.6M
@ 30% margin
Est. Deal Value
$21.2M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
ALL STAR FINANCIAL LLC
CRD
323765
SEC file #
801-126834
EIN
—
DBA names
All Star Financial

Economics

AUM
$881.7M
AUM band
$500M-$1B
AUM trajectory
'23'26
$652.9M → $881.7M▲ +35%
Client mix
Individuals Other353
Individuals High Net Worth188
Pension Profit Sharing Plans11
Charitable Organizations3
Corporations3

Operations

Employees (total)
14
Advisory staff (per ADV)
5
Advisory staff (5-yr trend)
'23'26
7 advisors → 5 advisors▼ -29%
Primary office
MINNEAPOLIS MN
Branches
—

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Financial planningPortfolio mgmt — individualsPortfolio mgmt — businessesPension consulting
Fee basis
% of AUMHourly chargesFixed fees

Filings

Latest ADV filing
02/06/2026
ADV-W filed at
—
Website
allstarfinancial.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
KLEFSAAS, ROBERT, JOHN
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
KLEFSAAS, ROBERT, JOHN
BERHOW, MATTHEW, ALAN
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
ALLSTARFINANCIAL.COM
Rdap Domain Creation Date
1999-06-23T22:17:33Z
Rdap Firm Age Years
27
Rdap Firm Age Band
20+y
Rdap Registrar
Network Solutions, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Registered
No

Compliance & brand

Firm Registration Status
active

All other collected signals (14)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
5
Bc Firm IAR Count
5
Custodian Candidates
Full
Charles Schwab6
Fidelity4
E*trade4
Firm Has Custody
No
Mailing Office Differs
No
Rdap Domain Expiration Date
2031-06-23T22:18:11Z
Rdap Domain Last Changed
2026-04-24T06:19:10Z
Rdap Nameservers
Liz.ns.cloudflare.comNitin.ns.cloudflare.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Transfer Prohibited
Top Owner CRD
1228990
Trust Company Affiliate
No

People (5)

5
KLEFSAAS, ROBERT, JOHN
IAR · Direct Owner · 87.5%
1228990
BERHOW, MATTHEW, ALAN
IAR · Direct Owner · 17.5%
4491652
Gardner, Eric, James
IAR · Direct Owner · 7.5%
5152492
Connie Marie Biselx
IAR
7249713
Grant Robert Germscheid
IAR
6796264