Trunorth Wealth Partners

TruNorth Wealth Partners, LLC is an independent wealth management firm founded by Peter Rekstad, offering a range of comprehensive investment advisory services. The firm's services include financial planning, investment management, selection of independent managers, and foundation fiduciary and plan trustee support. TruNorth's team includes experienced professionals with various professional designations. The firm specializes in constructing asset-allocated portfolios of managed investments, focusing on mutual funds, ETFs, and separately managed accounts. TruNorth's investment philosophy involves strategic asset allocation, global diversification, and ongoing monitoring and rebalancing of portfolios. The firm provides personalized services addressing areas such as net worth calculation, tax and cash flow analysis, retirement and estate planning, education planning, risk management, and business planning. TruNorth does not charge performance-based fees and acts as a fiduciary, always prioritizing clients' best interests. The firm's fee structure includes a variable fee of up to 1.25% of investable assets for investment advisory services. TruNorth uses Schwab and Fidelity as custodians and brokers, providing products and services to assist in managing client accounts. Clients have the authority to vote on proxy matters, and the firm upholds a strict privacy policy to safeguard client information. TruNorth has assets under management totaling $516,760,775 as of 12/31/2023.