Rising Tides Financial is a registered investment advisor founded in 2016 and based in Needham, Massachusetts. Led by principal Michael Gross, the firm offers ongoing financial planning and portfolio management services tailored to each client's specific needs and goals. The advisory process begins with an in-depth data gathering phase to build an initial plan covering cash flow projections, tax planning, insurance reviews, estate planning, and investment strategy. Rising Tides Financial acts as a client advocate, coordinating with outside professionals such as attorneys and accountants. The firm practices passive investment management, focusing on low-cost index mutual funds and exchange-traded funds, and offers both discretionary and non-discretionary portfolio management. In addition to ongoing wealth management, Rising Tides Financial offers project-based financial planning on an hourly basis. The firm primarily serves individuals, including high-net-worth families, trusts, estates, and charitable organizations.
Fee Structure
Rising Tides Financial bundles portfolio management with comprehensive financial planning, charging a fixed annual fee rather than a percentage of your portfolio. The annual fee ranges from $24,000 to $60,000, depending on the complexity of your situation, the scope of services, your net worth, and the number of accounts. Fees are billed quarterly in advance.
