Larson Financial Group

Larson Financial Group

Paul T. Larson launched the firm in 2006 from Fort Wayne, Indiana, after identifying a gap in financial advice for medical professionals who needed integrated tax and investment management. The practice grew by embedding itself in the workflow of its target clients, offering continuing education and practice-management consulting to residents and attending physicians throughout Indiana and neighboring states. Larson Financial Group runs a multi-asset-class strategy covering domestic equities, fixed income, municipal bonds, and real estate investment trusts. The firm structures client portfolios as individually managed accounts rather than pooled funds, allowing direct ownership of securities and granular tax-loss harvesting. For physician clients with 401(k)s, IRAs, and taxable brokerage accounts, the firm applies asset-location optimization — placing high-yield bonds in tax-deferred accounts while holding municipal bonds and low-turnover equity ETFs in taxable accounts. This tax-alpha approach differentiates the firm from generalist wealth managers in the region. The firm operates from a single office in Fort Wayne but serves clients across Indiana, Ohio, and Michigan through a combination of in-person meetings and virtual planning sessions. While Larson Financial Group does not publicly disclose assets under management or total advisor headcount, public records indicate the firm manages over $250 million in regulatory assets (per SEC filings). The firm also operates a tax-preparation subsidiary that serves as both a standalone revenue line and a feeder for its wealth-management practice, converting tax clients into advisory relationships. Larson Financial Group's architecture as a fiduciary RIA with an affiliated tax firm creates a compliance engine that most advisory practices lack. Unlike broker-dealers that silo tax advice, Larson's advisors and CPAs operate under a unified client-service agreement, enabling the firm to proactively manage estimated tax payments, Roth conversions, and required minimum distributions within the portfolio rebalancing cycle. This operating-company integration means the firm faces succession risk concentrated in its founder, Paul Larson, whose departure would require restructuring both the advisory business and the tax practice.