True North Wealth Strategies offers discretionary investment management services to individuals and high-net-worth clients, tailoring strategies based on individual goals, time horizons, objectives, and risk tolerance. In addition to personal wealth management, True North Wealth Strategies provides retirement plan consulting services to qualified plans such as 401(k) and pension plans. Investment management fees are charged as a tiered percentage of the portfolio's value. The firm's founder also operates as an independent insurance agent and a registered representative of a broker-dealer, which creates potential conflicts of interest when recommending certain products or services, though clients are never required to purchase anything through these affiliated channels.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.85% |
| $1.0M - $3.0M | 0.70% |
| $3.0M - $10.0M | 0.65% |
| $10M+ | 0.60% |
Fees are negotiable based on historical relationships, account composition, and other criteria. Accounts within the same household may be combined for a reduced fee.