Beacon Wealth Advisors

From Wellesley, Massachusetts, Beacon Wealth Advisors provides independent financial planning and investment advice. The firm was founded by two co-founders who together report more than forty years of experience helping clients work toward their financial goals. It describes its approach as strategy-driven rather than product-driven, which means its investment recommendations rest on each client's own needs and objectives.

Independent advice under LPL

The firm says its advisers work as LPL Independent Investment Advisor Representatives. It states that it chooses to operate in an environment free from the conflicts of interest it believes can undermine even well-designed financial plans and investment strategies. Because the advice is independent, the company says it is not steering clients toward products that suit the firm more than the client.

Financial planning as the starting point

The company says financial planning sits at the center of its work. Each engagement starts with a plan for how to direct a client's resources toward their goals, and then covers the rest of the client's financial picture. That includes comprehensive investment strategy, risk management, insurance and estate planning, all coordinated within the firm and with the other professionals who influence a client's wealth.

Customized investment management

Investment management is built around allocations customized to each client. The firm points to its internal due diligence and its methodologies as the basis for these choices, and says the aim is advice that reflects each client's priorities. It serves a select group of families, corporations and success-driven individuals across the country, and it says it works with a limited number of clients so that each relationship stays personal.

Corporate benefit plans and insurance strategies

For companies, the firm provides corporate benefit plans. For individuals and families, it sets out insurance strategies within the wider plan, along with tax-aware planning designed to limit the tax consequences of a client's decisions. The company describes its tax work as one part of a single, joined-up approach to the client's wealth.

Getting to know each client first

The founders say they take the time to understand each client before building a strategy, and that the strategy is designed around the client's needs rather than the firm's preferences. The firm describes its goal as building long-lasting relationships built on integrity and mutual trust, and it says it prefers to advise on the whole of a client's situation instead of a single product.