At Stites Financial our goal is to help you, your family, or business realize your dreams by providing the best financial and insurance tools and services available. We can do this because of a few key reasons. First, we are independent and have no proprietary products that we have to recommend. This ensures we have access to the best product and services on the market at any time. Second, we have experience and knowledge of the insurance and financial business and have teamed up with other professionals in the legal, accounting, and mortgage businesses to help assist us in all your financial needs. Third, we are large enough to meet your needs, but small enough to provide the personal and professional service that you deserve.

Stites Financial LLC is a firm owned by Bob & Rick Stites (twin brothers) with an advisory board to assist them in providing the quality care that customers want from a financial services company. The purpose of our firm is to assist individuals, families, and businesses in structuring both insurance plans and investment programs that fit the needs of each client. Our service and accountability is our primary focus for all clients. We specialize in benefit plans for businesses, investments, estate planning, and charitable giving.
 
Bob & Rick have been in the financial services business since 1990. They each earned the Life Underwriting Training Council Fellow (LUTCF) designation in 1994. Rick is a former board member of the local National Association of Insurance and Financial Advisors (NAIFA). Both are current members of the Financial Services Institute. Rick is currently serving on the board of the West Washtenaw Business Association and the Washtenaw Home Builders Foundation. Bob is an active member in the Chelsea Area Chamber of Commerce and the local chapter of the National Association of the Remodeling Industry.
 
Bob and Rick are from the Ann Arbor area and graduated from the University of Michigan in 1988. They both played for the University of Michigan football team from 1984 to 1987.
 
The firm’s revenue comes from the insurance companies directly, commission- based security products, and fee-based brokerage accounts. Alternatively, a client may elect to be billed through consulting. Stites Financial can also be compensated by other professionals with whom we work.  
To be an independent financial adviser means that while adhering to regulatory parameters, the adviser has the freedom to operate his practices as he deems best for his clients -- rather than as a large corporation may mandate.
 
  
Calculators

Life Insurance

How much life insurance would you need to produce a sufficient income stream for your family?

Loan Payoff

How much will it cost to pay off a loan over its lifetime?

Tax-Deferred Savings

Compare the potential future value of tax-deferred investments to that of taxable investments.

Mortgage Refinancing

Determine whether you should consider refinancing your mortgage.

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Newsletters

Charity That Pays

By organizing your giving, you can make it more effective, allowing your largess to benefit not only the intended charity, but potentially yourself and your heirs. Two popular ways to structure your giving are charitable lead trusts and charitable remainder trusts.

HOT TOPIC: Social Security and Medicare in Crosshairs

An entitlement crisis has been looming on the horizon for several years. Unfortunately, according to the latest reports from the trustees of the Social Security and Medicare trust funds, a spike in unemployment has helped to hasten the arrival of these programs’ insolvency.

Should You Found a Foundation?

If you want to control how and where your donations are used, create an entity that has the potential to last for generations, and unite family members behind a worthy cause — and don’t mind some fairly strict paperwork requirements — this type of organization might be worth considering.

Avoid the Timing Trap

Market timing is a risky approach that could have a significant effect on a portfolio’s long-term performance.

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