Breaking · Distribution
Five Star Fund Company Expands Brand Presence to 23 Water Hazards
Advisors with the highest handicaps now credited as firm’s top producers
SCOTTSDALE, ARIZ. — Five Star Fund Company regional vice president Craig Talbot reported a substantial increase in brand visibility Wednesday after advisors lost 517 company-branded golf balls at some of the country’s most exclusive private clubs.
“These are places you can’t just walk into and start handing out literature,” Talbot said. “We’ve established a presence.”
Talbot’s quarterly marketing report showed Five Star in 23 water hazards, 41 wooded areas and the grounds of several homes overlooking the sixth fairway. He credited a small group of advisors with doing most of the work.
“Some of these guys are getting our name out there six, seven times a round,” he said. “And then they’re asking how they can get more involved.”
Talbot said the campaign continued working long after the original client event. An advisor searching the rough for his own ball might find a Five Star ball instead, play it, and introduce the firm to an entirely new foursome, sometimes on the same hole.
“That’s organic distribution,” he said. “We’re not even there.”
At a steak dinner following his latest outing, Talbot said several advisors had described Five Star as their preferred provider.
“I don’t even buy my own anymore,” one told him.
Talbot entered the comment in his quarterly report under “Displaced Competitor.”