Firm Information
Barker Financial Group, Inc. (the “Advisor”) is a registered investment advisor with the U.S.
Securities and Exchange Commission (“SEC”), and is organized as a corporation under the
laws of the Commonwealth of Massachusetts. Barker Financial Group, Inc. was founded in
1997 and is owned and operated by President and Chief Compliance Officer, James T. Barker.
This Disclosure Brochure provides information regarding the qualifications, business practices,
and the advisory services provided by Barker Financial Group, Inc.
Advisory Services Offered
Barker Financial Group, Inc. offers investment advisory services to individuals, trusts, estates,
non-profit organizations, pension and profit-sharing plans, and corporations (each referred to as
a “Client”). Advisory services include financial planning, investment consulting, non-investment
related consulting, investment management services, defined contribution plans, and cash
management services.
Our Role as a Fiduciary
When Barker Financial Group, Inc. provides investment advice to you regarding your retirement
plan account or individual retirement account, we are a Fiduciary within the meaning of Title I of
the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable,
which are laws governing retirement accounts. The way we make money creates some conflicts
with your interests, so we operate under a special rule that requires us to act in your best
interest and not put our interest ahead of yours.
Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give
prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give
loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your
best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest.
Financial Planning – Barker Financial Group, Inc. typically provides a variety of financial
planning services to individuals, families, and other Clients pursuant to the deliverables outlined
in a written Financial Planning Agreement that are based on the client’s goals, objectives and
financial position. Generally, such financial planning services will involve preparing a financial
plan or providing a financial consultation. This planning may encompass one or more areas of
need, including, but not limited to, investment planning, retirement planning, personal savings,
education savings and other areas of a Client’s financial situation.
A financial plan developed for the Client will usually include general recommendations for a
course of activity or specific actions to be taken by the Client. For example, recommendations
may include that the Client start or revise their investment programs, commence or alter
retirement savings, and/or establish education savings and/or charitable giving programs.
Barker Financial Group, Inc. may also refer Clients to an accountant, attorney or other
5 Barker Financial Group, Inc. www.barkerfg.com
specialist, as appropriate for their unique situation. For certain financial planning engagements,
Barker Financial Group, Inc. will provide a written summary of a Client’s financial situation,
observations, and recommendations.
Investment Consulting – Barker Financial Group, Inc. typically provides its Clients with a
broad range of investment consulting services, including, but not limited to, investment advice
and/or portfolio management services for ERISA plan trustees, personal trusts, non-profit
organizations, municipalities, and individuals, comparing the results of the Client’s portfolio
performance against various indices pursuant to a Consulting Agreement.
Non-Investment Related Consulting – Barker Financial Group, Inc. may provide its Clients
with a broad range of non-investment related consulting services,
including, but not limited to,
estate administration assistance, asset transfers, administration of routine gifting programs,
tracking employer stock option grants, retirement transition services, and others as requested
by the Client, pursuant to a Consulting Agreement.
Investment Management Services – Barker Financial Group, Inc. typically provides its Clients
with investment management services that include:
• Establishing an Investment Plan Statement – Barker Financial Group, Inc., in
conjunction with the Client, will develop a statement that summarizes the broad
strategy[ies] to be implemented to meet the Client’s needs. Barker Financial Group, Inc.
will implement the strategy[ies] to align with the Client’s stated risk tolerance, goals, and
time horizon.
• Client Risk Tolerance – Barker Financial Group, Inc., in conjunction with the Client, will
define a risk tolerance and any trading restrictions for the Client.
• Asset Allocation – Barker Financial Group, Inc. will develop a strategic asset allocation
that is targeted to meet the investment objectives, time horizon, financial situation and
risk tolerance for each Client.
• Portfolio Construction and Management – Barker Financial Group, Inc. will develop
and manage a portfolio for the Client that is intended to meet the stated goals and
objectives of the Client.
• Investment Supervision – Barker Financial Group, Inc. will provide ongoing oversight
of the Client’s portfolio and overall account.
Defined Contribution Plans – Barker Financial Group, Inc. may utilize retirement platforms at
third parties that provide ERISA plan administration services and various investment portfolio
options. The Client will then enter into a program agreement with the Third Party record keeping
platform and/or Third Party Administrator and Barker Financial Group, Inc. Barker Financial
Group, Inc. will assist and advise the Client in establishing investment options of the plan and
will continue to provide oversight of these investment options.
Cash Management Services – Barker Financial Group, Inc. offers investment management
services for short-term fixed income accounts generally investing in cash or other liquid
instruments.
Financial planning and consulting recommendations may pose a potential conflict between the
interests of the Advisor and the interests of the Client. For example, a recommendation to
engage the Advisor for investment management services or to increase the level of investment
assets with the Advisor would pose a conflict, as it would increase the advisory fees paid to the
6 Barker Financial Group, Inc. www.barkerfg.com
Advisor. Clients are not obligated to implement any recommendations made by the Advisor or
maintain an ongoing relationship with the Advisor. If the Client elects to act on any of the
recommendations, the Client is under no obligation to affect the transaction through the Advisor.
Barker Financial Group, Inc. may only implement its investment recommendations after the
Client has arranged for and furnished the Advisor with all information and authorization(s)
regarding account(s) with their Custodian(s).
Wrap Fee Programs
Barker Financial Group, Inc. does not manage or place Client assets into wrap fee programs.
Investment management services are provided directly by Barker Financial Group, Inc.
Tailored Relationships
Barker Financial Group, Inc. tailors advisory services to the individual needs of the
Client. Clients are allowed to impose restrictions on the investments in their account(s). Barker
Financial Group, Inc. may accept any reasonable limitation or restriction to discretionary
authority on the account placed by the Client. All limitations and restrictions placed on accounts
must be presented to Barker Financial Group, Inc. in writing.
Assets Under Management
As of December 31, 2023, Barker Financial Group, Inc. manages the following assets:
Clients may request more current information at any time by contacting the Advisor.