Northwest Financial Services Inc

NorthWest Financial Services, Inc. is an Indianapolis-based firm established in 1990, with Matthew C. Yeiter as the principal owner. The firm specializes in financial planning, investment advice, tax planning, retirement planning, and more. They primarily invest in mutual funds and manage assets totaling $414,469,502 as of December 31, 2022. The firm charges an initial financial planning fee of $3,000, with ongoing advisory fees based on a percentage of managed assets. For new clients after 1/1/2023, the minimum annual management fee is $5,000. Clients have investment discretion but typically invest in mutual funds with a long-term approach. NorthWest Financial Services acts as a fiduciary, putting clients' interests first. The advisors are experienced and hold certifications such as CFP®, CFA, CPA, and EA. They are also licensed insurance agents and may provide tax preparation services. The firm does not accept performance-based fees and has no disciplinary history. Clients receive quarterly reports and have access to a client portal for account information. The firm is independently owned and recommends Charles Schwab as a custodian for client assets, receiving benefits from Schwab based on client assets held. The firm's employees are supervised internally and subject to audits by the SEC and independent accounting firms.