NorthFork Financial

NorthFork Financial emerged in the fall of 2011 to provide individuals and families with integrated financial planning and advisory services that are wholly independent from any firm or any investment products, that provide a transparent and flexible fee structure, and that are committed to helping people connect their values with their finances. After spending five years learning the industry as a Financial Consultant at a regional broker-dealer firm, Bill Stoddart wanted to create a firm that didn’t follow the predominant model for providing financial services. At many firms across the U.S., a consultant’s job is to figure out how client assets can generate income for the company. And how much “production” each consultant generates is often part of a larger contest within the company – this culture is very familiar to all salesmen and women; however, Bill didn’t believe it was the right measurement as to how well he was helping his clients achieve their personal and financial goals. Perhaps Bill’s perspective on helping his clients achieve their goals derives from his nearly ten years as a high school teacher helping his students succeed. As a teacher, he believed his role was to help his students acquire knowledge and to provide further guidance as necessary, regardless of the time or personal commitment required. So, when it came to talking with clients about their financial lives, helping them establish goals and educating them about the various tools available to help them move toward those goals – whether it was talking with them about credit, or real estate, or the securities markets, or budgeting, or career alternatives, it didn’t seem right to Bill to be compensated through the investments his clients chose. Nor did it feel right to him that he was evaluated based on how much income he generated for the firm, not based on his relationships with his clients. One morning, Bill was thinking about how he would explain to his kids what he did for a living, and realized he could no longer do what he was doing the way he had been doing it. And so, after a good amount of research into alternative models and a lot of conversations with colleagues who had experience with other advisory models, he decided to make the leap to becoming an independent Registered Investment Advisor and created NorthFork Financial, LLC in late 2011. The name NorthFork stems not only from the geography of the area and the jump-off point for one of Bill’s favorite wilderness pursuits, but it also represents a metaphor of choice and purpose.

Address: 201 S Wallace Ave, Suite B3F Bozeman, MT 59715, USA

Phone: +1 406 579 0334
FAX: +1 406 551 4366