Breakwater Capital Group

Breakwater Capital Group is a registered investment adviser founded in 2022 and owned by Jeffrey C. Hanson. The firm provides investment advisory services to various clients, including individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations. Services offered include financial planning, wealth management, consulting, retirement plan advisory, and trustee services. Breakwater Capital Group acts as a fiduciary, meaning they are required to act in the best interests of their clients. The firm does not charge performance-based fees and does not engage in side-by-side management. Clients have the option to authorize the firm to debit fees directly from their accounts. The firm's employees, including Jeffrey C. Hanson, Madeline R. Barconi, and Thomas J. Mullen, hold professional designations such as CERTIFIED FINANCIAL PLANNER™ (CFP®) and Certified Divorce Financial Analyst® (CDFA®). The firm's fee structure includes financial planning fees, wealth management fees based on assets under management, and consulting fees. Breakwater Capital Group does not have a minimum account size but has a minimum annual fee of $5,000. The firm does not receive soft dollar benefits and does not vote proxies on behalf of clients. Clients receive quarterly account statements from the custodian holding their assets. The firm's employees have not been involved in any disciplinary actions, and they are supervised by Thomas J. Mullen, the Chief Compliance Officer and Chief Operations Officer.