Shepherd Financial Partners

The firm operates through a central investment committee that constructs model portfolios used across the advisor base. Portfolio selection spans municipal bond ladders, tactical equity allocations, and vetted third-party alternative strategies. Day-to-day implementation is handled by individual advisors with household-level customization.

Dynasty provides SFP with outsourced middle-office infrastructure, technology platforms, and access to an institutional-caliber investment menu — including private equity, private credit, and real estate strategies — that would be difficult for a firm of SFP's size to negotiate independently. This arrangement lets the firm allocate client capital to alternatives without building a dedicated in-house research and due-diligence team.

SFP is a registered investment advisor organized as a multi-family-office-style practice serving multiple high-net-worth households. The firm blends tax-aware portfolio management with financial and estate planning, delivering services under an AUM-based fee structure rather than the fully bundled retainer model characteristic of dedicated single-family offices.

SFP accesses alternatives primarily through third-party manager relationships, including nontraded REITs and private credit funds, rather than through direct co-investments or proprietary deal-by-deal SPVs. The firm has not publicly emphasized a direct co-investment program.

Core fixed-income allocations typically emphasize in-state and national municipal bond ladders, a direct response to Massachusetts state income tax exposure. Equity positions are managed with an awareness of state-level tax impact, and the firm coordinates with external CPAs and estate attorneys to structure household-level planning around Massachusetts estate-tax thresholds.