Who We Are
To meet the needs and exceed the expectations of our clients, Sterling has assembled one of the most admired, trusted, professional and dedicated support staffs in the industry. Integrity, professionalism, and value added services are the hallmarks of the Sterling Resources tradition.
Our staff is composed of high-level insurance professionals with decades of experience in case analysis, field underwriting and carrier negotiation. We do not provide estate planning services, nor do we offer tax or legal advice. Rather, with our considerable experience in these areas, we work in conjunction with trusted advisors and family office professionals to design and implement the insurance coverage which creates the liquidity necessary for estate and business succession plans to succeed.
Well known by advisors of ultra-high net worth families and philanthropic organizations, the Sterling Resources team has been working together to serve clients for over three decades. The average length of service of Sterling’s core support team is in excess of sixteen years. The absence of staff turnover is reflective of an environment conducive to building long term relationships, internally and with our clients and their advisors. This continued level of commitment has laid a foundation that enables us to provide exceptional service to our clients well into the future.
Karl J. Feitelberg
Founder and Chief Executive Officer
As the Founder and Chief Executive Officer of Sterling Resources, Ltd. and Sterling Resources International of Bermuda Ltd., Karl is responsible for all specialized insurance services. Karl earned a Bachelor of Arts degree in Economics from Fairfield University. Karl is the 3rd generation of the Feitelberg family to enter the insurance industry. He is a licensed Insurance Advisor, and has earned designations of Chartered Life Underwriter, Chartered Financial Consultant, Trust and Estate Practitioner, Accredited Estate Planner®; holds a FINRA Series 6 registration (Investment Company Products/Variable Contracts Limited Representative), is a member of the Association for Advanced Life Underwriting (AALU), Boston Estate Planning Council, a member of the National Association of Insurance and Financial Advisors, a member of The Society of Financial Service Professionals, and a member of the Society of Trust and Estate Practitioners* (“S.T.E.P.”). Recognized both nationally and internationally, Karl is regularly invited to develop and speak on family enterprise succession and related topics at University sponsored educational conferences for families and Family Office professionals.
Karl is deeply involved with several philanthropic organizations.
California Insurance License #749293.
* Services are performed in conjunction with one’s tax and legal advisors.
Karl Feitelberg is a registered representative of and offers securities and investment advisory services through AFS Securities LLC., Member SIPC http://sipc.org/ Supervisory Office: 404 Wyman St., Suite 100, Waltham, MA 02451 Telephone 781-810-4108.
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Tobi has been with Sterling Resources since the company was founded in 1989. As President, she works with trust and estate advisors, tax planners and wealth managers, heading all advanced underwriting tasks, and utilizing her more than 30 years’ experience specializing in private and corporate split dollar plan evaluation and implementation. Tobi also contributes to the ongoing development of planning tools and portfolio stress testing.
With a background in finance and information systems, Tobi approaches each project as a technician. This is a mindset that helped her lead the development of the company’s service department. Also, despite the insurance industry being fairly new to her in her early days, she is now the firm’s leader in translating its values and vision to clients.
Tobi earned a BA, magna cum laude, in Economics from the University of Massachusetts at Amherst and holds an MBA in Finance and Information Systems from Northeastern University. While at Northeastern, Tobi was also inducted into Phi Beta Kappa.
Chief Operating Officer
Caitlin has been with Sterling Resources, Ltd. since 1998, and is responsible for establishing and maintaining the procedures which provide our clients and/or their advisors concierge implementation and service of their life insurance portfolios. In addition to overseeing Sterling Resources’ underwriting and licensing department, she works directly with our clients’ attorneys, accountants and advisors to coordinate the execution and exchange of the supporting documents required to streamline year-end reporting. Caitlin’s considerable experience allows her to design proactive implementation and service models specifically for each client’s needs. She holds a Bachelor of Science in Business Administration from Emmanuel College.
Linda Nistico Klier
Executive Vice President
Linda joined Sterling Resources Ltd, in 2013. She is responsible for financial and management reporting for Sterling Resources Insurance Agency, Inc. and its related business entities. She oversees the daily accounting operations to ensure all financial components of the insurance transactions are properly captured and recorded in a timely and efficient manner. Additionally, Linda plays an active role with respect to private split dollar analysis and life insurance portfolio design. She holds a Bachelor of Science in Accounting from Babson College. Prior to joining Sterling Resources, Linda started her career in public accounting at Arthur Andersen, LLP in Boston. There she earned her CPA credentials and worked for 14 years in both the Commercial Audit division and the Operational Consulting division.
Director of Business Development
Director of Business Development
Jason is the 4th generation of the Feitelberg family to enter the insurance industry. He joined Sterling Resources, Ltd. in 2011 to continue the family legacy of providing liquidity solutions to high net worth families and closely held businesses. Jason leads the firm’s Institutional Business Development, building relationships with clients in the corporate, nonprofit, wealth, and family office sectors.
Prior to joining Sterling, Jason spent 6 years in investor relations at Babson Capital. He is a 2004 graduate of Colby Sawyer with a Bachelor of Science in Business Administration.
Jason has been honored by the Cape and Plymouth Business Magazine’s “40 under 40 Awards” which spotlights the region’s top young business leaders who excel in their industry and show dynamic leadership. Jason also serves as Trustee/Development Chair for Crossroads for Kids, an organization dedicated to creating a safe and caring community for children at risk.
Jason Feitelberg is a registered representative of and offers securities and investment advisory services through AFS Securities, LLC., Member SIPC http://sipc.org/ Supervisory Office: 404 Wyman St, Suite 100, Waltham, MA 02451 Telephone: 781-810-4108.
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Heather H. Powers
Heather came to us in 2018 from Commonwealth Financial Group in Boston, where she was a Senior Partner with 29 years of service. She will continue to build on her significant experience with the design and implementation of life insurance portfolios. Heather’s longevity in the industry makes her equally adept at new client matters and the auditing of long standing portfolios. Heather holds a Bachelor of Arts degree from Middlebury College, where she graduated Phi Beta Kappa, Magna Cum Laude. In addition, she is a Chartered Life Underwriter, Chartered Financial Consultant, and Licensed Insurance Advisor. She lives in Westwood, MA with her husband and 2 sons.
Lael joined Sterling Resources in 2018. He is responsible for assisting in the development of marketing presentations, conducting market research, as well as providing direct administrative support for Tobi Silver. A self-motivated and goal oriented individual whose true nature stems from his deep involvement with Crossroads, a year round youth leadership program since 2007; Lael obtained his Bachelors of Science in Management/Marketing from Bridgewater State University in 2017.
John Fields is the latest addition to the Sterling Resources, Ltd. family. John brings 15 years of experience to our team in both Finance and Life Insurance. He currently holds Life & Health Insurance Licenses and Series 6, 63, 7 and 65 FINRA registrations. He is responsible for assisting in the development of marketing presentations, conducting market research and performing analytic and administrative duties for the Marketing Department and Senior Management. He is an active volunteer with the American Liver Foundation charity marathon team and is a three-time winner of the Volunteer of the Year award.
New Business and Policyholder Support
Mimi joined Sterling Resources, Ltd. in 2010 and works in all aspects of the underwriting process and policyholder services. She is also responsible for obtaining proper carrier appointments for our producers. Mimi works with our clients’ attorneys, accountants and advisors, allowing our office to coordinate the execution and exchange of necessary supporting documents required to streamline the life insurance planning process. She entered the life insurance industry in 1988 working as a New Business Case Manager and was a liaison for agents and life underwriters for a major life insurance company for many years. Mimi holds a Bachelor of Arts in Mathematics from Boston University.
Underwriting Process: Includes preliminary forms, obtaining medical record history, coordinating examination times, providing insurance carriers entire underwriting files and negotiating the best offer for our client.Servicing: Includes but is not limited too, changes to an in force policy/contract such as, loan/withdrawal transactions, dividend option, underwriting classification updates, address changes, death benefit options and owner/beneficiary changes. In addition, our office provides a detailed Summary of Policy Values, including in force illustrations reflecting current and reduced dividend and interest rate assumptions. Our office assists our traditional, registered variable clients and private placement clients by providing forms for the execution of their desired premium allocations, fund transfers and obtain performance histories. For our private placement clients only we assist in premium notification and help execute transfers of funds among their various planning entities.
In addition, we provide assistance with coordinating life insurance and annuity products with the necessary supporting documents: Examples, Irrevocable/Revocable Trusts, Split Dollar Agreements, Collateral Assignments, LLC’s, and various administrative services.
Marketing and Administration
Carol has been with Sterling Resources, Ltd. since 1998, and provides administrative support to Karl Feitelberg. In addition, she assists in the preparation of marketing presentations. She also coordinates Sterling’s events and industry presentations. Prior to joining Sterling Resources, Carol was a computer software instructor. Her experience and knowledge with various software applications have proven her to be an invaluable asset to our team.