North Fork Financial, LLC

North Fork Financial provides discretionary asset management and standalone financial planning and consulting for individuals (including high-net-worth clients), trusts, estates, charitable organizations and business entities such as corporations and limited liability companies. The firm reports managing approximately $27.8 million in discretionary assets and constructs portfolios that may include individual stocks, bonds, ETFs, options, mutual funds and other public and private investments, with ongoing monitoring and rebalancing.

The firm tailors investment strategies to client objectives and risk tolerances, employing a range of asset-allocation approaches (strategic, dynamic, tactical and core-satellite) and using qualitative, sector and technical/charting analysis alongside both long- and short-term trading when appropriate. Financial planning engagements cover a broad set of topics — retirement, estate, charitable and education planning, corporate and personal tax planning, mortgage/debt analysis, real estate analysis and cost segregation studies — and written plans are generally completed within six months when information is provided.

A noteworthy feature of the firm is that its representatives also act as licensed insurance agents/brokers and receive customary insurance commissions, a potential conflict the brochure discloses and that the firm says it seeks to mitigate. Other atypical aspects for a small adviser include offering specialized services such as cost segregation studies and corporate-structure/tax analysis, and not imposing formal account opening or maintenance requirements.