Investing Utensils

Content provided by Grant Engelbart, CFA, CLS Portfolio Manager, I love to eat. Problem is I’m really not any good at it. I make a terrible mess, and in any kind of important setting, I ensure I order something that can be consumed with a fork. I can’t imagine trying to eat anything without utensils....

Rocky Mountain Roads

Content provided by Robyn Murray, Freelance Writer Bruce Bischoff has always been on the move. His first few years of life were glimpses of places – an Air Force base in Sacramento, an apartment building in Maryland. His father was a military man who worked at the Pentagon while the family was in Maryland. Bischoff...

Weak Dollar Pushes Commodity Prices Up

Content provided by Paula Wieck, CLS Manager of Investment Research/Portfolio Manager So far this quarter, we’ve observed reversals in the strength of the U.S. dollar and prices of commodities such as gold and oil. As U.S. economic data has weakened, expectations have risen that the Federal Reserve will raise interest rates later than anticipated. This...

Keeping Clients Invested

Content provided by J.J. Schenkelberg, CFA, CLS Senior Portfolio Manager We all know “the market” (stocks, bonds, commodities, real estate, etc.) is where we should invest our money for the best opportunity to grow funds for future needs. We also know the more risk we take, the more return opportunity there can be. So, why...

Global Giants

Content Provided by Konstantin (Kostya) Etus, CLS Associate Portfolio Manager International investing has been a recurring topic in financial news recently, and many institutions have released white papers on its benefits. Much of this heightened coverage can be attributed to this year’s strong performance of international markets versus that of the U.S. International markets have...

Small Town Values in the Big World of Finance

Content provided by Robyn Murray, Freelance Writer  Case Eichenberger grew up in a small, rural village of 223 people in southeast Nebraska. Each day, his father drove him nine miles over country roads to a nearby town where he went to school in the same red brick building from first grade through graduation. In a...

Lessons from Berkshire Hathaway

Content provided by Rusty Vanneman, CFA, CLS Chief Investment Officer To many people, the first Saturday in May is one of the highlights of the sporting calendar: the Kentucky Derby. To many investors, however, the first Saturday in May is the highlight of the year: the Berkshire Hathaway (BRK) shareholder meeting (do note, however, that...


Content provided by Scott Kubie, CFA, CLS Chief Strategist The second quarter is off to an interesting start. International market performance continues to trend above domestic markets, similar to the first quarter. And, within international, emerging markets have outperformed so far. How does CLS take advantage of these opportunities? In many portfolios, CLS uses a cascading...

TA Associates Completes Acquisition of NorthStar

BOSTON, May 5, 2015 – TA Associates, a leading global growth private equity firm, today announced it has completed a majority investment in NorthStar Financial Services Group, LLC (“NorthStar”). The transaction closed on April 30. A definitive agreement was announced on February 9 of this year. NorthStar’s management team members remain significant owners in the company. Additional terms of the investment were not disclosed.

With more than $300 billion in assets under management and administration as of March 31, 2015, NorthStar provides a wide array of support services to registered investment advisors (RIAs), independent broker dealers (IBDs) and investment management firms.

In connection with the investment, M. Roy Burns and Todd R. Crockett, Managing Directors of TA Associates, joined NorthStar’s Board.

About NorthStar Financial Services Group, LLC

NorthStar Financial Services Group, LLC is a holding company for several subsidiaries, including CLS Investments, LLC, one of the largest ETF strategists in the United States; The Gemini Companies, a single point of access for investment companies to multiple solutions for pooled investment products; and Orion Advisor Services, LLC, which is among the country’s largest independent providers of Software as a Service portfolio accounting services to RIAs. Collectively, these business units offer unique services within the financial industry, including asset management, pooled investment solutions, portfolio accounting, fund distribution and compliance, and printing and marketing services. NorthStar helps investment advisors enhance client service, increase operational efficiencies and expand their businesses. NorthStar is headquartered in Omaha, Nebraska, with additional offices in Hauppauge, New York; Chicago, Illinois; Mill Creek, Washington; and Scottsdale, Arizona. For more information, please visit

About TA Associates

TA Associates is one of the largest and most experienced global growth private equity firms. The firm has invested in more than 450 companies around the world and has raised $18 billion in capital. With offices in Boston, Menlo Park, London, Mumbai and Hong Kong, TA Associates leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries. More information about TA Associates can be found at

Press Contacts:

For TA Associates
Marcia O’Carroll
TA Associates

For TA Associates
Philip Nunes
BackBay Communications
617-556-9982, x227

For Orion & CLS Investments
Jason Lahita
FiComm Partners

For The Gemini Companies
Jami Schlicher


CLS Simplification Flows to Paperwork

Content provided by Michele Prell, CLS New Business Manager By now, I’m sure most of you have heard about CLS’s simplification movement. I’m here to give you an overview of how this change has allowed us to update and simplify our CLS paperwork. Client Profile First, let’s take a look at the Client Profile form....