TrueNorth Wealth & Impact offers investment management, selection of independent managers, and financial planning and consulting services. They work with clients to determine their investment objectives and risk profile, then develop and execute a customized investment plan. They may recommend other professionals like accountants or lawyers, which could create a conflict of interest.
Fee Structure
TrueNorth Wealth & Impact's fees for investment and wealth management services are based on the value of your portfolio and are billed quarterly in advance. The maximum annual advisory fee is 1.5%. Fees may be based on cumulative household assets. For certain clients or specific holdings, fees may be negotiable. They also offer programs through Wells Fargo Advisors with maximum annual fees of 1.35% or 1.25%, plus potential independent manager fees.