Northern Financial Advisors, INC
Assets Under Management
$619.8M
Number of Clients
323
Number of Advisors
5
Average Client AUM
$1.9M
AUM per Advisor
$124.0M
Compensation
Fixed/Hourly
About This Firm
Northern Financial Advisors, Inc. (NFA) offers a range of financial services including holistic financial planning (tax, estate, risk, retirement), tax preparation, and investment management. They provide Standard, Spark, and Asset Management Retainer options. NFA may recommend sub-advisors for specific strategies. Investment strategies are tailored to individual client needs.
Fee Structure
AUM-Based Fees (Flat)
| Assets Under Management | Annual Fee |
|---|---|
| $0+ | 1.00% |
Fee Estimator
NFA is a fee-only firm. The Standard Retainer fee ranges from $6,000 to $55,000 annually, based on complexity. The Spark Retainer fee is based on gross income and assets. The Asset Management Retainer fee is 1% of assets under management, recalculated annually. Sub-advisor fees are additional. Fees are charged in advance, and prepaid unearned fees are refunded upon termination.
Areas of Practice
Location
74 E. Long Lake Rd., Suite 200, Bloomfield Hills, MI, 48304
