Practice Financial Group

Practice Financial Group provides investment management, personal and business financial planning, and pension consulting to individuals, high‑net‑worth clients, and retirement plans. The firm offers both ongoing discretionary and non‑discretionary portfolio management and provides a tailored planning service that extends to dental and medical professionals’ business and personal financial needs.

The adviser follows a risk‑based process informed by Modern Portfolio Theory, documents client objectives in an investment policy statement, and typically implements portfolios with diversified allocations to no‑load mutual funds and ETFs. It generally recommends Charles Schwab as custodian and will engage third‑party managers (for example, FPAS); notably, most client assets are managed on a non‑discretionary basis (roughly $16.9M discretionary vs. $316.2M non‑discretionary as of December 31, 2024), so many trade decisions require client approval.

The firm is affiliated with an accounting and tax services business that offers bookkeeping, payroll, and related services—an arrangement the brochure discloses as a potential conflict of interest and states clients are under no obligation to use. Practice Financial Group also operates from multiple offices with a mid‑sized advisory team, a combination of multi‑office presence and the accounting affiliation that is less common among peer team firms.