Growth is never by mere chance; it is the result of forces working together.

Growth is never by mere chance; it is the result of forces working together.


Your level of success depends on your ability to execute, which takes the right strategy, planning, personnel and strategic partners.  Our objective is to provide you with the support needed to help you implement your vision.

Partnership: An Extension of Your Team

Our True North process begins with a discovery phase, which will establish an open dialogue that will serve as the foundation of our partnership.  We ask questions that will help us identify the key needs & desires for you and your business.

A customized strategy may incorporate any of the following services, which will help to build a strong foundation for your business and future.

  • Employee Benefit Programs
  • Entity Structure & Organization
  • Tax Efficiency Planning
  • Life, Disability and Long Term Care Insurance
  • Executive Compensation/Key Man Insurance
  • Consulting & Coaching

Startup Failure

Many of the reasons startups fail can be tied back to having the wrong

  • Finance
  • Strategy
  • Planning

Since 1988 Granite Financial Partners has been working hand-in-hand with business owners, in every stage of their business development.  We work as an extension of your team.

Is Your Business a Source of Income, an Asset or Both?

If you plan on eventually selling your business as an asset for retirement, investment or any other capital need, let us design the most advantageous exit strategy so you don’t leave anything on the table.

Employee Benefit Programs

What type of plan do we want and need?

401(k) Plan

A 401(k) is a qualified retirement plan, sponsored by an employer, that allows eligible employees to make tax-advantaged contributions or withdrawals. Within the qualifying parameters of the plan, both employees and the employer can benefit from money contributed to the plan.

Defined Benefit Plan

A defined-benefit plan is a retirement plan sponsored by the employer, where benefits are set in advance. The employer can set the terms of the plan, but once they do they are bound to it. The calculation can consider things like employee salary and years with the company. These are commonly known as pension plans, but there are less familiar types and options as well.

Defined Contribution Plan

Where the defined-benefit plan sets the outcome in stone at its outset, placing the contribution responsibility and investment risk on the employer, a defined-contribution plan does the opposite. In a defined-contribution plan the employer sets what they will contribute to the employees’ plan (often in a calculation based on salary and employee contribution) and pay accordingly. Familiar examples of defined-contribution plans include 401(k)’s, 403(b)’s, TSA’s and others.

A GFP Financial Advisor can design the program based on your desired outcomes and objectives.

For more information

Entity Structure & Organization

C Corporation

A C Corporation is a business in which the owners (shareholders) are taxed separately from the entity. The business is taxed on its profits, any distributions or salaries paid to the owners are then subject to standard income tax. While the “double-taxation” is a negative outcome, C Corps have the ability to reinvest profits back into the company at the lower corporate tax rate.

S Corp

S Corporations are structured similarly to the C Corp but avoid double taxation. To qualify the company must have fewer than 100 shareholders, among other stipulations. The S Corp is able to pass company income, losses, deductions, and credits on to its shareholders to be factored into their individual tax calculations.

Sole Proprietorship

In this situation, as far as the IRS is concerned, the owner is the business. These are the simplest to set up or take apart, making them popular among contractors, and consultants. The owner pays personal income tax on profits earned from the business, and bears all of the risk an liability on a personal basis.

Limited Partnership

Limited Partnerships are very similar to a sole proprietorship. In this structure multiple owners receive the business profits as personal income tax, and are liable only to the amount they have invested in the company. This is in contrast to the also popular General Partnership, where all owners bear responsibility for the company.

Limited Liability Company (LLC)

This structure blends the properties of a corporation and a partnership or sole proprietorship. Owners are isolated from liability but are allowed flow through of profits and are taxed as such. Unlike a corporation, an LLC is dissolved upon death or bankruptcy, and unlike a partnership or sole proprietorship the assets of the company are held separately from that of the owners until they are distributed to them.

Tax Efficiency Planning

How to leverage business expenses, such as equipment, salaries, 3rd party services, employee retirement plans  (how & when to use)

Insurance Services

As an independent advisory firm we have access to over 70 Insurance Carriers for Life Insurance, Disability, Annuities and Long Term Care.

Our True North process enables us to customize each solution and select the best product available.

Executive Compensation/Key Man Insurance

As a business owner, you very likely have key employees that play important roles in your organization. Having the right tools to recruit, reward, retain and retire those key employees can make all the difference. Key employee benefits can play a big role.

Getting started is easy. 

Finding the right solution doesn’t have to be difficult. First, we’ll discuss your business and your needs. Then we’ll work with you to create a solution that could benefit you and your key employees.

For example, a Golden Parachute Plan is useful to an executive bailing out of the company because he or she is rewarded regardless of performance.  The plans are shorter term and governed by a specific event or series of events.  The promise to pay is a liability on the books without any real asset to offset.

However, a Handcuff Plan is useful to the employer AND the executive.  The employer is able to retain quality talent they have nurtured and developed.  The “Handcuffs” entice the executive to be successful.  After years of effort and partnership, the successful executive’s handcuffs turn into a gold medal for outstanding performance.

This plan is built for the long term with executives vesting over time.  Designed for executives’ goals, it’s often balanced between the liability and the offsetting asset.

The Golden Handcuffs are a win for the both the company and the employee.

Consulting & Coaching

The True North process is our consulting process we utilize for every client so that we understand both your business and life objectives. This enables us to develop the best strategies to achieve your desired results by helping you close the GAP between your current situation and your desired outcomes.

Our Coaching support services are about identifying any obstacles, developing solutions, and overseeing the implementation of the required changes to achieve these objectives, from design to outcome.

What gives us the ability to achieve the results is a unique combination of experience and expertise in financial and exit planning, and over 25 years in team building, organizational development and leadership. This enables us to integrate your exit strategy and your estate planning, aligning both your value based goals and the financial requirements necessary to achieve them.

We believe that any individual or organization given the right strategy, tools and support can break through to new levels of performance, life satisfaction and success.

Our business coaching and consulting can help you focus your efforts to make your vision a reality.

Our Process

The foundation of our client partnerships is our comprehensive wealth planning process, which transcends simple financial planning to provide high-level wealth preservation strategies and ongoing/enduring/consistent coaching.

Our Mission

At Granite Financial Partners, our mission is to simplify complex issues and remove barriers to success. To this end, our customized wealth preservation plans align human, intellectual, social, and financial capital in order to unlock the full power of your resources.


Does Your Benefits Package Entice & Retain Top Talent?