Craig Molldrem, CLTC, RICP, AIF®, CAP, CLU®, ChFC®, CFP®
Senior Partner
Craig Molldrem, CLTC, RICP, AIF®, CAP, CLU®, ChFC®, CFP®
Senior Partner
About
Craig Molldrem is a Senior Partner with North Star Consultants’ Medical Division. Residing in Dallas, Craig primarily works with clients in Dallas, Oklahoma City, Boston and Pennsylvania locations. Craig works with physicians, providing career-specific advice to help overcome unique financial challenges, offering his clients full-service accumulation as well as retirement-focused management and a greater understanding of their own goals and needs.
Craig consistently hosts seminars in Texas, Massachusetts, Pennsylvania and Oklahoma and is an experienced speaker for physicians across the country. He has been distinguished in 2020 as the Top of the Table member of the Million Dollar Round Table. Craig often contributes to magazines or journals and has been published in Retina Today, Medical Economics, and is the Co-Author of the Physicians Guide to Financial Independence. In November 2015, Craig was also featured in a Wall Street Journal article “U.S. Student-Loan Forgiveness Program Proves Costly.” Due to his extensive responsibilities in providing leadership in his offices Craig was named the 2012 Field Director of the Year by Securian Financial Group.
Craig graduated from the University of Minnesota with a degree in applied economics with an emphasis in finance. He enjoyed a decorated 5-year career in professional baseball upon graduating college and has enjoyed working with North Star since 2002.
Designations and awards
Craig has sought and achieved several recognized designations the industry has to offer, through the CLTC, RICP, CLU®, ChFC®, CFP®, AIF®, and CAP designations. He prides himself in the comprehensive approach he and his team take in approaching the needs of a client’s financial picture.
Craig was previously honored by Forbes magazine as #151 in their inaugural list of the Top Financial Security Professionals 2021 and #38 in Top Security Financial Professionals Best-In-State 2022. Most recently, he was ranked #30 in Top Financial Security Professionals Best-In-State 2023.
Qualifications:
- Top of the Million Dollar Round Table, The Premier Association of Financial Professionals®
- Five Star Wealth Manager Award (2013, 2012)
- #30 in Top Financial Security Professionals Best-In-State 2023
- Chartered Life Underwriter (CLU) designation through the American College
- FINRA Series 7 registered
- Series 66 registered
- CERTIFIED FINANCIAL PLANNER™ professional, CFP®
- Chartered Financial Consultant (ChFC)
- Life and Health Licensed
- Variable Life and Annuity Licensed
- Certified Long Term Care (CTLC)
- Retirement Income Certified Professional (RICP)
- Accredited Investment Fiduciary (AIF®)
- Chartered Advisor in Philanthropy (CAP)
Services
- Asset Protection Strategies*
- Physician Specific Disability Insurance
- Life Insurance Strategies
- Wealth Management
- Retirement programs (Solo 401k, SEP, 401k 403b, Roth IRA)
- College Funding Options
- Tax-Deferred Strategies*
- Financial Considerations regarding Exit Strategies*
- Full-Service Retirement Distributions
Team
North Star resource team
Carrie Hancock
Vice President, Financial Planning Resource Center
Chase Brakke, DIA, DIF, CEPA®
Vice President of Business Owner Solutions
Chris Sitek, CLTC®, CASL®, CLU®, ChFC®, RHU®, REBC®
Vice President Life and Long-Term Care
Jeff Landt, CFA, CFP®
Senior Vice President and Chief Investment Officer
Craig is an investment advisor representative of Cetera Advisor Networks, LLC. CA Insurance License #0H68312.
Craig Molldrem made the Forbes Top Financial Security Professionals list on 10/19/2021 and was evaluated based on 2020 data as well as the list published 7/28/2022 evaluated based on 2021 data. The listing is prepared by SHOOK™ Research and is based primarily on commissions and premiums generated from insurance products and other criteria relative to years of experience, credentials, client retention and servicing, business model, community involvement, financial professional and peer interviews, and compliance background. Financial professionals do not pay a fee or compensation to be considered for the listing.
Million Dollar Round Table (MDRT) is an independent membership organization of life insurance and financial service professionals. Membership levels are based on commissions, premiums, or fees generated within a year from investment and insurance products. Members must apply annually and pay a fee. Members must be members in good standing of a Professional Association which has met the following criteria: in existence at least 2 years, have 100 or more members, must be a nonprofit organization, must have a code of ethics and an effective means of dealing with breaches of its code. Members must also adhere to the MDRT Code of Ethics. Working with this advisor is not a guarantee of future financial results. Investors should conduct their own evaluation.
Awards and club membership are based primarily on commissions, premiums, or fees generated from investment and insurance products and other criteria relative to leadership, achievement, and recruiting. Working with this individual or firm is not a guarantee of future financial results. Investors should conduct their own evaluation.
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria: 1. Credentialed as an investment advisory representative (IAR) or a registered investment advisor; 2. Actively employed as a credentialed professional in the financial services industry for a minimum of five years; 3. Favorable regulatory and complaint history review**; 4. Fulfilled their firm review based on internal firm standards; 5. Accepting new clients; 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutionalized discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Educational and professional designations. Wealth managers do not pay a fee to be considered or awarded. Once awarded, wealth managers may opt to purchase additional profile ad space or related award promotional products. The award methodology does not evaluate the quality of services provided. The award is not indicative of the award winner’s future performance. 2,864 Austin and Central Texas wealth managers were considered for the award; 684 (24 percent of candidates) were named Five Star Wealth Managers.
**To qualify as having a favorable regulatory and complaint history for this award, the person cannot have (1) been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine, (2) had more than a total of three customer complaints filed against them (settled or pending) with any regulatory authority or Five Star Professional’s consumer complaint process, (3) individually contributed to a financial settlement of a customer complaint filed with a regulatory authority, (4) filed for bankruptcy, or (5) been convicted of a felony.