Mark W. Karstrom

FOURSTAR WEALTH ADVISORS

FLOSSMOOR, IL

Some features on this profile are disabled

CRD#: 1322744

Professional summary

Mark William Karstrom is a registered financial advisor currently at FOURSTAR WEALTH ADVISORS, LLC located in Flossmoor, Illinois and REALTA EQUITIES, INC. located in Wilmington, Delaware.

Mark is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2006. Mark has worked at 13 firms and has passed the Series 66, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

None

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

FOURSTAR WEALTH ADVISORS; INVESTMENT ADVISOR REP; FOURSTARWEALTH.COM; COMPENSATION IN THE FORM OF INVESTMENT ADVISORY FEES; 10 HOURS PER WEEK DURING TRADING HOURS

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Mark William Karstrom's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

December 16, 2020 - Present

FOURSTAR WEALTH ADVISORS, LLC

RIA

CRD#: 169613

FLOSSMOOR, IL

Current

September 16, 2020 - Present

REALTA EQUITIES, INC.

Office #1: 1201 N. Orange Street Suite 729, Wilmington, DE 19801

CRD#: 23769

WILMINGTON, DE

Past

September 16, 2020 - April 28, 2025

REALTA INVESTMENT ADVISORS, INC

RIA

CRD#: 134952

WILMINGTON, DE

Past

August 11, 2015 - September 2, 2020

SANCTUARY ADVISORS, LLC

RIA

CRD#: 226606

CHICAGO, IL

Past

August 15, 2014 - August 11, 2015

SANCTUARY SECURITIES, INC.

RIA

CRD#: 205

CHICAGO, IL

Past

August 15, 2014 - August 31, 2020

SANCTUARY SECURITIES, INC.

CRD#: 205

CHICAGO, IL

Past

January 26, 2012 - August 20, 2014

KINGSBURY, LLC

CRD#: 147102

EVANSTON, IL

Past

August 25, 2010 - August 11, 2011

SPYGLASS SECURITIES, LLC

CRD#: 149881

ARLINGTON HEIGHTS, IL

Past

July 27, 2010 - November 21, 2014

KENILWORTH ASSET MANAGEMENT, LLC

RIA

CRD#: 123980

KENILWORTH, IL

Past

July 6, 2010 - July 28, 2010

NFSG CORPORATION

RIA

CRD#: 130814

CHICAGO, IL

Past

July 6, 2010 - July 28, 2010

NEWBRIDGE SECURITIES CORPORATION

CRD#: 104065

CHICAGO, IL

Past

June 18, 2009 - July 19, 2010

CHICAGO INVESTMENT GROUP ADVISORS, LLC

RIA

CRD#: 148188

CHICAGO, IL

Past

May 18, 2009 - September 4, 2009

CHICAGO INVESTMENT GROUP, LLC

RIA

CRD#: 11853

CHICAGO, IL

Past

May 18, 2009 - July 19, 2010

CHICAGO INVESTMENT GROUP, LLC

CRD#: 11853

CHICAGO, IL

Past

December 20, 2006 - May 13, 2009

UBS FINANCIAL SERVICES INC.

RIA

CRD#: 8174

CHICAGO, IL

Past

November 17, 2006 - May 13, 2009

UBS FINANCIAL SERVICES INC.

CRD#: 8174

CHICAGO, IL

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

FOURSTAR WEALTH ADVISORS, LLC

FAMILY WEALTH LEGACY ADVISORS | GINGER ADVISORS, LLC | FOURSTAR WEALTH ADVISORS, LLC

CRD#: 169613 / SEC#: 801-110467

RIA

Registered Investment Advisory firm - (4/21/2017 Approved)

Illinois

Registered Investment Advisory firm - (4/21/2017 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Illinois
(11/17/2020)

IAR

Illinois
(12/16/2020)

Texas
(9/16/2020)

IAR

Texas
(10/22/2025)

Virginia
(11/18/2020)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 66

Date: 12/19/2006

Uniform Combined State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 11/16/2006

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

FOURSTAR WEALTH ADVISORS, LLC

FAMILY WEALTH LEGACY ADVISORS | GINGER ADVISORS, LLC | FOURSTAR WEALTH ADVISORS, LLC

CRD#: 169613 / SEC#: 801-110467

RIA

Registered Investment Advisory firm - (4/21/2017 Approved)

Illinois

Registered Investment Advisory firm - (4/21/2017 Terminated)

Upgrade to AdvisorCheck Premium

Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.

Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.

See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address

1 N. Lasalle Street Suite 2225, Chicago, IL 60602

Mailing Address

Phone number

(312) 667-1750

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (34 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

ADV PART 2A (3/31/2025)

Regulatory assets under management

Total Number of Accounts	3,309
AUM (Assets Under Management)	$ 1,240,902,908

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
07/29/2025	Cover Page	Report
05/28/2024	Cover Page	Report

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Similar Advisors

Stephen Zahka

EDWARD JONES

IAR

Marlborough, MA

Frank Moore

UBS FINANCIAL SERVICES INC.

IAR

Greenwich, CT

Marshall Rosen

OSAIC WEALTH, INC.

IAR

Fort Lauderdale, FL

We're Here To Help

Advisor Monitoring

Firm Stability Insights

Mark W. Karstrom

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Mark William Karstrom's CRS (Customer Relationship Summary).

Certified licenses

Experience

REALTA EQUITIES, INC.

REALTA INVESTMENT ADVISORS, INC

SANCTUARY ADVISORS, LLC

SANCTUARY SECURITIES, INC.

SANCTUARY SECURITIES, INC.

KINGSBURY, LLC

SPYGLASS SECURITIES, LLC

KENILWORTH ASSET MANAGEMENT, LLC

NFSG CORPORATION

NEWBRIDGE SECURITIES CORPORATION

CHICAGO INVESTMENT GROUP ADVISORS, LLC

CHICAGO INVESTMENT GROUP, LLC

CHICAGO INVESTMENT GROUP, LLC

UBS FINANCIAL SERVICES INC.

UBS FINANCIAL SERVICES INC.

Primary Firm SEC Registration

FOURSTAR WEALTH ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 66

Date: 12/19/2006

SIE

Date: 10/1/2018

Series 7

Date: 11/16/2006

FINRA

Current Firm

FOURSTAR WEALTH ADVISORS, LLC

Contact information

SEC notice filing (34 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

FOURSTAR WEALTH ADVISORS, LLC

TRUST BUT VERIFY

Similar Advisors