Dividends. Not Price Chasing.
Dividend-paying stocks and preferred shares, selected for cash flow. 0.60% annual fee.
Who This Is For
This portfolio fits a specific situation. Here's who it's designed for.
You Want Cash Flow
You're not just trying to grow a number. You want cash flow from your investments, whether to reinvest or deploy elsewhere. I focus on companies with strong dividend histories, but dividends can be cut or suspended at any time.
You're Retired or Getting Close
You've saved for decades. Now you want your money in dividend-paying investments rather than just sitting there. Individual companies, not a savings account paying next to nothing. Keep in mind this portfolio can still lose value.
You Prefer Equity Income
You'd rather own a stake in real companies than hold funds or fixed-income instruments. Equity income carries more risk. Dividends can be cut. But that's the trade-off you're willing to make.
Not for You If...
You're looking for aggressive growth or you won't need this money for 20+ years. The Growth or Speculative portfolio is probably a better fit.
Not sure if this is the right fit? See how it looks for Utah investors, busy professionals, and first-time investors.
How I Build It
Individual Stocks & Preferred Shares
Dividend-paying companies selected for cash flow and financial stability. No funds, no bundled products.
Growing Dividends
I also look at lower-yielding stocks with growing dividends. A fat dividend from a company bleeding cash isn't income. It's a trap.
Dividend growth is not guaranteed and past growth doesn't predict future payments.
Cash Equivalents
The portfolio may hold cash equivalents as part of the overall allocation. Not everything needs to be fully invested at all times.
Full Transparency
Every holding is visible in your Interactive Brokers (opens in new tab) account. Individual equities, preferred stocks, and cash equivalents. No hidden layers.
What to Expect
Real things that can happen. Read this before you commit.
- Dividend cuts: Companies can cut or suspend dividends at any time. When that happens, the stock usually drops.
- Interest rate sensitivity: Income-oriented stocks can sell off when interest rates rise, as investors move to bonds for safer yield.
- Sector concentration: The portfolio leans into utilities, financials, consumer staples, healthcare, and energy. A downturn in these sectors hits harder.
- Market risk: Dividend-paying stocks can lose significant value. A high dividend does not protect against price declines.
- Loss of principal: All investing involves risk, including the possible loss of principal. Distributions are not guaranteed. No model portfolio is guaranteed to achieve its objective.
One Fee. No Surprises.
The Income Portfolio charges 0.60% per year, billed quarterly based on your account value. That's it.
Advisory fee only. Excludes brokerage costs and taxes. Deducted quarterly.
| Fee Type | Amount |
|---|---|
| Advisory fee | 0.60% / year |
| Trading commissions | $0 |
| Referral fees | $0 |
| Insurance sales | $0 |
| Hidden fees | $0 |
Not the right fit? See the Growth or Speculative portfolio.
Your money is never in my hands.
Trading authority only. I manage your portfolio. I can't withdraw your funds.
How to Start
Three steps. Here's how it works.
Tell me about your goals
Answer a few questions about your timeline and what you're saving for. Takes about 5 minutes.
I match you to a portfolio
Based on your answers, I recommend the model portfolio that fits your situation: Income, Growth, or Speculative. If Income isn't the right match, I'll tell you.
I manage it from there
Trading, rebalancing, monitoring. I handle the day-to-day work. You can reach me anytime you have questions.
You can stop anytime. No contracts, no exit fees.
Questions
Things people ask about the Income portfolio.
Companies can cut dividends at any time. When that happens, the stock usually drops. I monitor holdings and sell when the thesis breaks.
This is stocks, not bonds. Equity income carries more risk than fixed income. Your principal can decline significantly. You take on more price risk than a bond investor. That's the nature of owning equity stakes instead of lending money.
Dividends are deposited into your IBKR account. Whether reinvested or kept as cash depends on your preference. I'll ask about this during setup.
ETFs hold hundreds of companies, including ones I would never choose. I build a focused portfolio of researched companies. That concentration means more risk from individual picks, but every position is deliberate.
Still have questions? Send me a message →
About Me
Software engineer turned investment adviser.
Based in Sandy, Utah. I work with clients remotely. No office visits required. My only income is the advisory fee on this page. No commissions, no products. Form ADV 2A (opens in new tab) has the full picture.
Registered Investment Adviser
Verify on IARD (opens in new tab)Read the disclosures: Form ADV 2A (opens in new tab) · ADV 2B (opens in new tab) · Privacy Policy (opens in new tab)
I started NarStar because the people who want dividend income are often sold annuities, insurance products, or high-fee dividend funds by advisers earning commissions on the sale. There's a cleaner way to do this.
Before this, I built the software that traders use to make decisions. Analytical tools, backtesting systems, the kind of work where you learn to think in data and probabilities. That background shapes how I evaluate dividend-paying companies for this portfolio. When you email or call, I'm the one who replies.
NarStar registered in Utah in January 2026. I don’t have years of client results to point to yet. What I do have is my registration, my disclosures, and the fact that your money sits at Interactive Brokers (opens in new tab) in your name, not mine. Any remaining conflicts of interest are described in my Form ADV Part 2A (opens in new tab).
Want to talk? Send me a message
Interested in the Income Portfolio?
No sales pitch. Just a conversation.
- I reply within 1–2 business days.
- [email protected]
- 801-251-6844