Northeast Planning Associates

The firm operates as an office of supervisory jurisdiction — a compliance and business-support hub for independent financial advisors affiliated through a larger broker-dealer network. Advisors use Northeast Planning Associates as their registered branch, which handles regulatory oversight, continuing-education requirements, and practice-management resources. The underlying client relationships remain with individual advisors, not a centralized portfolio-management team.

No. Unlike a single-family office or an institutional asset manager, Northeast Planning Associates does not manage a single, consolidated investment pool. The assets under advisement are spread across hundreds of individual households, each served by a specific financial advisor operating under the firm's supervisory umbrella.

The firm primarily serves mass-affluent and high-net-worth individuals, families, and small-business owners in New England. Typical client needs center on retirement-income planning, estate-transfer strategies, insurance placement, and education-funding plans. Institutional client mandates such as pension consulting or endowment management are not a core part of the firm's public profile.

Richard C. Borsetti has led the firm as president for decades, overseeing the platform that supports affiliated advisors. Investment decisions are made at the individual advisor or client level, not by a central investment committee, though product availability and compliance guardrails are set by the broker-dealer relationship and the firm's supervisory framework.

Northeast Planning Associates operates as a registered branch or office of supervisory jurisdiction within the LPL Financial broker-dealer network. This means LPL provides clearing, custody, and certain compliance infrastructure, while Northeast Planning Associates manages local advisor relationships and day-to-day supervision of its registered representatives in New England.