North Point Portfolio Managers Corporation
Answer a few questions and
get matched with an advisor.
Learn more about North Point Portfolio Managers Corporation
Overview
North Point Portfolio Managers Corporation operates as an advisory company that has its headquarters in Beachwood, Ohio. The company controls $785.4 million in assets under management over 274 accounts, making it one of the larger investment advisory firms in the nation by assets under management (AUM). The company has a small team, including 4 financial advisors. North Point Portfolio Managers Corporation does not act as a registered broker-dealer, meaning it cannot buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer firm to do so. Securities are tradable financial assets such as equities, bonds and options.
North Point Portfolio Managers Corporation administers more than half of its accounts on a discretionary basis. Discretionary management signifies that transaction decisions for the client's account are made by a portfolio manager without needing client approval. The company also has six non-discretionary accounts totaling $2.9 million in assets. The advisory firm administers an average of $2.9 million for every client account. The average financial advisor at North Point Portfolio Managers Corporation manages around 69 client accounts, placing it towards the middle in terms of personalization.
The company's main office is at 100 Park Avenue, Beachwood, Ohio 44122-8201. North Point Portfolio Managers Corporation is legally permitted to provide services to clients across a number of states, including Arizona, California, Florida, Louisiana, New Hampshire, Texas and Ohio.
Assets Under Management
Number of Advisors
Disclosures
Office Location
North Point Portfolio Managers Corporation by the Numbers
$785.4 million
5
274
$2.9 million
Fee Structure
Fees for financial advice typically vary depending on which service is offered. Fees billed by the company typically consist of the following fee type: asset-based. The company does not supply a wrap fee program, in which the company offers a bundle of services for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm provides services to retail investors, high net worth investors, pension plans and other. Out of its 274 customers, North Point Portfolio Managers Corporation's biggest client type by number of accounts is high net worth investors, but it also manages money for 151 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of at least $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's accounts reside abroad.
- High-Net-Worth Individuals* - 55.72%
- Other Individuals - 37.64%
- Corporations - 6.64%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
North Point Portfolio Managers Corporation does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at North Point Portfolio Managers Corporation
Beachwood, OH
Beachwood, OH
Beachwood, OH
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.