Beacon Asset Management

The firm serves individuals (including high-net-worth clients), trusts, estates, pension and profit-sharing plans, charitable organizations, and business entities. It provides comprehensive financial planning, ongoing portfolio management, and pension consulting, and also offers tax preparation and related bookkeeping services through an affiliated accounting business.

Investment advice is grounded in fundamental analysis and a tailored asset-allocation approach with a buy-and-hold orientation, covering equities, fixed income, ETFs, mutual funds and occasional non-standard assets. Most client accounts are managed on a non-discretionary basis (approximately $33.6M non-discretionary versus $2.34M discretionary as of 12/31/2025), with discretionary authority used only in specific circumstances under a written investment policy.

Noteworthy operational features include the firm’s willingness to accept custodial arrangements or act in a custodial capacity when serving as trustee or conservator or when clients provide standing letters of authorization, resulting in custody being deemed for certain accounts. The combination of an affiliated tax-preparation/bookkeeping practice, pension-plan services that can include acting as a plan fiduciary and providing participant-level advice and education, and use of Schwab’s institutional platform with due diligence on non-traded investments differentiates its service mix from many peers.