Millstone Financial Group

Overview

Millstone Financial Group was established in 2012 by co-founders Donald Albach and Michael Russo. The two met while working at MetLife and later spent ten years together at C&A Financial Group, where they saw the need for an independent advisory practice dedicated solely to retirement income planning. The firm operates as a registered investment advisor headquartered in Millstone Township, New Jersey, with additional offices in Bridgewater and Princeton. The firm's strategy centers on customized retirement planning, integrating investment management with estate planning, wealth management, and tax minimization. Its core services target individuals approaching or already in retirement, structuring portfolios around income distribution, tax efficiency, and legacy goals. Millstone's process begins with a proprietary "Millstone Awareness Assessment" that reviews income distribution, tax reporting, investment gaps, and fees. Millstone Financial Group operates with a small team that includes financial advisors Kevin Flesch, Luke Lino, and Ryan Black, alongside a client service and marketing staff. The firm leverages its status as an independent RIA to offer strategies it says are not available at large corporate firms. No recent fund launches or deal activity are publicly disclosed. Principals Don Albach and Michael Russo remain actively involved in advising clients and running the practice. The firm's structural differentiator lies in its exclusive focus on retirement income planning within an independent fiduciary framework, an approach that diverges from the broader wealth management mandates typical of bank-affiliated or multi-line advisory firms. Its succession and governance structure remain closely held by the two founding partners.