A Retirement Gap & Tax Analysis is a summary of your current financial situation to identify potential risks and opportunities that could impact your long-term financial goals. By examining your current and projected retirement income, tax strategies, and savings, we aim to uncover any shortfalls that might arise in retirement funding, as well as opportunities to optimize your tax efficiency. This analysis provides a high-level understanding of where you stand today and helps create a roadmap to align your financial strategies with your retirement goals, ensuring you can enjoy financial security and peace of mind.

The goal of the Retirement Gap & Tax Analysis is to provide clarity on your current financial situation and determine together if a partnership would be a good fit. If we decide to proceed, the analysis will be expanded into a more detailed and comprehensive financial plan.

We believe in building mutually beneficial partnerships with our clients, ensuring that the value we provide significantly exceeds the cost of our services. To achieve the best outcomes, we find that clients who meet these three criteria are typically the most successful:

1. Timing: We work best with clients who are seriously considering retirement, whether it’s approaching or already underway. A commitment of time and information from our clients allows us to offer the most tailored and effective recommendations.

2. Resources: We specialize in working with clients who have at least $1 million in investable assets (excluding investment properties). This threshold enables us to implement sophisticated retirement tax strategies and ensures our services are both accessible and impactful.

3. Collaboration: We thrive with clients who are actively engaged in an ongoing partnership, including at least two annual meetings (virtual or in-person). This consistent communication keeps us aligned with your goals and equipped with up-to-date information to manage your financial well-being, so you can focus on enjoying other aspects of your life.

If, for any reason, we determine that working together isn’t the right fit, we’re happy to connect you with another fiduciary advisor who may better suit your needs.

At the start of our engagement, we’ll ask for details about your goals and financial situation. As we explore further, additional information may come to light that helps us provide the most effective advice. What we need from you is openness and a willingness to share the information we request to ensure we can guide you effectively.

At Financial North Partners, you can expect diligent, ongoing communication and fiduciary advice tailored to your needs. After completing your onboarding, we will provide you with a service calendar outlining the engagements and outreach you can anticipate from us. At a minimum, we aim to meet with you twice per year, but we’re always available to connect as life changes occur or new financial needs arise.

Financial North Partners operates as an independent firm, which gives us the flexibility to consistently select high performing partners to serve our clients’ needs in an ever-changing financial landscape. While we collaborate with NewEdge Advisors, a Registered Investment Advisor (RIA), to enhance our capabilities and ensure regulatory compliance, our independence ensures that our recommendations and strategies are always aligned with your best interests, free from outside influence. This approach empowers us to provide personalized solutions tailored to help you achieve your financial goals.

As a Registered Investment Advisor (RIA), we operate as fiduciaries, meaning we are legally and ethically obligated to act in your best interest at all times. Additionally, as a CERTIFIED FINANCIAL PLANNER™ (CFP®) and Accredited Investment Fiduciary® (AIF®) designation holder, I adhere to the highest standards of fiduciary care. This means every recommendation we make is focused solely on your financial goals and well-being, free from conflicts of interest or undue influence. For you, this ensures that our advice is transparent, objective, and designed to help you achieve the best possible outcomes for your financial future. You can trust that your interests always come first in our partnership.

As a Registered Investment Advisor (RIA), we have selected Charles Schwab as our trusted custodian to offer a secure and reliable platform for managing your investments. Schwab, one of the largest and most respected financial institutions in the world, has been serving investors for decades and manages trillions of dollars in client assets. Schwab facilitates the execution of trades, provides detailed account statements, and offers online access to your accounts, ensuring complete transparency and control. While we focus on delivering personalized advice and managing your portfolio, Schwab safeguards your assets and ensures all transactions are handled accurately and efficiently.