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North Star Resource Group hires 35 new advisors in training and interns amid record unemployment

MINNEAPOLIS — June 1, 2020 — North Star Resource Group started orientation for full-time advisors in training and sales and marketing interns in nine office locations this week. North Star’s recruiting and professional development departments plans to complete training following each city’s quarantine and social distancing measures.

“To have all these people start their careers—even in the midst of a pandemic—is encouraging for the future growth of North Star,” said Mitch Zimmer, national director of recruiting and advisor development.

North Star hired 12 full-time advisors in training and 23 interns, including many recent graduates from colleges and universities throughout the U.S.

“North Star has always put a high emphasis on recruiting off the college campus,” said Ed Deutschlander, CEO. “And as 2020 graduates enter a difficult job market, we are excited to welcome so many of these young people into our firm. Our client-centric firm leads to our motto: ‘hire for character and train for competence!’”

Zimmer has also seen an increase in experienced financial professionals and career changers starting careers at North Star.

“Financial professionals at North Star have the unique opportunity to be in business for themselves, but never by themselves,” said Zimmer. “Financial associates have access to the firm’s insurance and investment specialists and a great group of corporate team members, all of whom are committed to helping associates at every level thrive.”

Orientation took place over three days, with new hires tuning in online and from North Star’s headquarters in Minneapolis to learn about North Star’s values and general business practices. Throughout their internship or training program, interns and associates will complete two hours of weekly training and regular meetings with their mentors.

“Very early on in our firm’s history, we adopted a different strategy for preparing hires for success in the industry,” said Founder and Executive Chairman Phillip Richards. “We recruit those new to the industry and team them up with an experienced associate. This mentorship relationship is probably the best theater of learning possible: on-the-job, eyeball-to-eyeball training.”

North Star’s culture is built around supporting the advisor so that they can make a substantial impact on the lives of clients.

“Our vision statement is Changing Lives, Forever®. In the case of recruiting, we are changing the lives of career changer and recent college graduates as they build a career that is virtually unparalleled in terms of impact and opportunity, and then they change the lives of hundreds and perhaps thousands of clients over their entire career,” added Deutschlander.

About North Star Resource Group

North Star Resource Group is a Minneapolis-based financial services firm that provides individuals, families and businesses with the resources needed to create, preserve and protect their wealth. With a network of 170 advisors in 22 states, North Star has contributed to the financial security and well-being of over 140,000 individuals.*  Additionally, North Star contributes 10 percent of profits each year to worthy nonprofits through the Scott Richards North Star Foundation, totaling $5 million donated since 2004. To learn more about North Star Resource Group, visit www.northstarfinancial.com.

*Data as of 12/31/19

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If you would like more information about this topic, please call Megan Temte at 612.617.6018, or email at megan.temte@northstarfinancial.com.

3132291/DOFU 7-2020