Open Door Financial Advisors

Open Door Financial Advisors is a state-registered independent advisory firm that serves individual clients — including high-net-worth clients — and employer plan sponsors. The firm provides ongoing and project-based financial planning, tailored portfolio management, and retirement plan consulting, and coordinates implementation with other professionals such as attorneys and tax advisors when requested.

The firm’s investment approach emphasizes passively constructed portfolios using index mutual funds and ETFs, while also applying fundamental analysis as part of its research and asset-selection process; accounts are managed on a discretionary basis and clients may impose reasonable, written investment restrictions. For planning engagements, the adviser provides structured monitoring and meetings (more frequent in the first year and periodic thereafter) and follows through on implementation steps with ongoing follow-up.

What is notable about this small, single-advisor practice (approximately $15.4 million in AUM across fewer than 30 clients) is its fee arrangement that combines a flat monthly planning fee with a separate asset-management charge once assets exceed a stated threshold, and its explicit offering of retirement plan consulting to employer sponsors (while excluding certain illiquid plan assets). The sole advisor is a CFP® professional, and the firm reports only discretionary AUM and does not participate in wrap fee programs.