BostonNorth Financial Services, Inc.

BostonNorth provides financial planning services to a broad set of clients, including individuals and high-net-worth clients as well as retirement plans, corporate pension and profit-sharing plans, Taft-Hartley plans, charitable institutions, foundations, endowments, and trusts. The firm operates as a small, single-principal advisory practice that prepares tailored financial plans but does not take custody of client assets or exercise discretionary trading authority.

When developing recommendations, BostonNorth employs a mix of analytical methods — including asset allocation, dollar-cost averaging, technical and fundamental analysis, and quantitative and qualitative techniques — and delivers a completed plan followed by a review meeting. Ongoing monitoring or account reviews are provided only at a client’s request, and the firm typically uses hourly or fixed-fee arrangements rather than charging percentage-of-assets-under-management fees.

Noteworthy differences from many peers include its reliance on hourly and negotiable fees in lieu of the more common AUM-based billing and its limited ongoing reporting and discretionary activity. The firm’s advisors are also registered representatives and licensed insurance agents who may implement plans through an affiliated broker-dealer; clients who implement recommendations through the firm can expect commission-based products and potential conflicts of interest that the firm discloses and describes steps to mitigate.