Five Star award winner Laurie Stegenga

Foresight Research, Publications, and Services Offered

Foresight has authored five white papers on low cost investing: Target Date Funds: The Next Retirement Dilemma (2014), Low Cost Mutual Funds: The Costly Approach? (2016), Retirement Plan Costs Beware! (2017), How to Create a Distribution Cashflow Portfolio: The Modern Day Pension (2021) and Financial Planning for Young Professionals: A Proven Path to Financial Freedom (2022). Foresight is a Fee-Only independent registered investment advisory firm.

In 2013, Laurie was interviewed at the National AIF® Conference regarding the Foresight Investment processes for portfolio selection and rebalance. She is also listed on the Fee-Only Network and is a member of the NAPFA® organization (National Association of Personal Financial Advisors). In addition, Laurie is a member of MICPA, CFP®, AIF®, FPA, Estate Planning Council in Michigan and a CEPA registered with the Exit Planning Institute.

Laurie was named Five Star Wealth Manager award winner and named in HOUR Detroit and DBusiness for ten consecutive years, 2016-2025. Other Foresight professional accomplishments include: A feature in Forbes Magazine-Michigan Financial-June 2010. To be listed in Fortune Magazine June/July 2025 and Fortune Magazine-Women in Wealth Oct/Nov 2025, listed in Bloomberg Businessweek Magazine April 2025 and listed in The Wall Street Journal in 2016, and 2020-2024. Foresight was also listed as a top-ranking RIA firm in the July 2016, 2017 and 2019-2024 issues of Financial Advisor Magazine.

Foresight offers financial services in the following areas: Personal Wealth Management, IRA Rollovers, Roth Conversions, Fiduciary Consulting, Retirement Plans 401(k)s, 403(b)s, and 457s, Investment Management for HSA-Health Savings Accounts, Certified Exit Planning, and Custom Financial Plans for Retirement Planning.

Back to Home Page

This award was issued on 05/01/2025 by Five Star Professional (FSP) for the time period 08/21/2024 through 02/28/2025. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 3715 Detroit-area wealth managers were considered for the award; 289 (8 % of candidates) were named 2025 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2024: 3,651, 278, 8%, 5/1/24, 9/5/23 - 2/29/24; 2023: 3,550, 312, 8.7%, 5/1/23, 9/5/22 - 3/3/23; 2022: 3273, 304, 9%, 5/1/22, 9/3/21 - 3/11/22; 2021: 3260, 275, 8%, 5/1/21, 8/10/20 - 3/19/21; 2020: 3105, 284, 9%, 5/1/20, 8/1/19 - 3/20/20; 2019: 2987, 347, 12%, 5/1/19, 8/21/18 - 3/19/19; 2018: 3069, 322, 10%, 5/1/18, 8/30/17 - 3/19/18; 2017: 1836, 356, 19%, 5/1/17, 8/24/16 - 2/24/17; 2016: 1961, 630, 32%, 4/1/16, 10/22/15 - 3/9/16; 2015: 2238, 627, 28%, 5/1/15, 10/22/14 - 3/9/15; 2014: 3448, 658, 19%, 5/1/14, 10/22/13 - 3/9/14; 2013: 2762, 749, 27%, 5/1/13, 10/22/12 - 3/9/13; 2012: 2658, 745, 28%, 5/1/12, 10/22/11 - 3/9/12.

Click to access BrokerCheck

Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria - required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria - considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com.