Northstar Financial Planning, Inc. (Windham)

Name: Northstar Financial Planning, Inc.
Address: 112 Range Road, Windham, NH, 03087
Telephone: 603-458-2776

Northstar Financial Planning, Inc. is a large advisory firm based in Windham. It manages $121.4 million of regulatory assets for 256 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Massachusetts and New Hampshire.

Northstar Financial Planning provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Northstar Financial Planning: assets under management

The assets under management (AUM) of Northstar Financial Planning, Inc. is $121.4 million. The firm's AUM has grown by 153% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $115.8 million in discretionary accounts and $5.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $454.12 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.6 million.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Northstar Financial Planning, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robin Ann Young serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Robin Ann Young is high net worth individuals with 56 clients and $95.8 million of assets under management. Among the 11 most similar advisory firms, Northstar Financial Planning has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $114.8 million for 98 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Northstar Financial Planning doesn't advise any private funds.

Careers at Northstar Financial Planning, Inc.

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robin Ann Young has been acting as President since 1 Apr 2008. Samuel Prentiss Hull joined the executive team most recently as the President/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Prentiss Hull	President/chief compliance officer	1 Mar 1991	50% - 75%	2660070
Robin Ann Young	Vice president	1 Feb 2004	50% - 75%	2511315
Robin Ann Young	President/chief compliance officer	1 Apr 2008	75% - 100%	2511315

Based in Windham

The principal office where Northstar Financial Planning, Inc. performs its advisory services is located at 112 Range Road, Windham, NH 03087, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 603-458-2776 or by fax 603-589-6003. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at northstarfp.com.