Single Point Partners, LLC (hereinafter “Single Point”) has been in business since June, 2012. Single
Point is owned by Single Point Management, LLC, a Massachusetts limited liability company. Single
Point’s principal owners are Shaun D. Erickson and Rene A. Jarquin.
Single Point Partners provides services to a variety of client types, including, but not limited to,
individuals, trusts, foundations, corporations, and endowments. Single Point's Wealth LogisticsTM
service is a comprehensive financial planning, account aggregation, and financial and business
consulting option that allows clients a single point of contact for their financial management needs, all
under one fee arrangement.
Wealth LogisticsTM
Businesses employ Chief Financial Officers (CFO) to oversee, plan, and manage the finances of the
company, and Single Point believes that a clients’ personal finances require the same amount of time,
energy, and attention to detail which is why Single Point created the Wealth LogisticsTM service.
Wealth Logistics clients have a single point of contact, a “Personal CFO” for their financial lives. When
Single Point is the “single point” of contact, clients can focus on what makes them successful. This
service begins with providing Single Point information including income, investments, savings,
insurance, age, goals, financially related projects, and any other items that are helpful to the firm in
assessing a client’s needs. The information is typically provided during personal interviews and may be
supplemented with written information. Once the information is received, Single Point will discuss
needs and goals with the client, including taking an active role in planning for the short, medium, and
long term. Single Point will then proactively make recommendations for building a plan to meet those
goals, and facilitate the tasks required to implement the recommendations and manage the client’s
investment accounts (see Item 16, below). Once the plan is in motion, Single Point will continue to
play a major role in the client’s financial life by applying comprehensive risk management tools that
take into account internal factors like a client’s personal situation, as well as external factors such as
changes in the economic or tax environment. Wealth Logistics clients will have available an advisor on
all key decisions, whether it be home purchase or a major investment. In addition, Wealth Logistics
clients will receive access to reports from Single Point
that provide information not only regarding any
assets managed by Single Point, but also any other assets for which information is reported to Single
Point. This account aggregation and reporting is designed to give clients a single resource to view,
analyze, question, and receive guidance on the totality of their financial lives. Single Point will also
spearhead communication with client’s other financial professionals, to ensure that clients are
properly leveraging their advisor’s various areas of expertise. It is imperative that clients receiving
Wealth Logistics services keep Single Point informed of all matters in their financial lives, as a change in
one area may significantly affect recommendations in another area.
Wealth StartUpTM
Clients whose net worth does not yet exceed $1M are able to access Single Point’s services through
our Wealth StartUpTM service. Our Wealth StartUp service is designed for accumulators who are eager
to set the framework and foundation for future financial success. The Wealth StartUp service begins
with an annual personal financial planning consultation to assess individual situations, set goals, and
address any unique factors that may affect an individual’s circumstances. Following the first annual
consultation, clients will receive continuous access to SingleView, a personal financial dashboard that
affords clients the opportunity to monitor their financial progress based on the results of the
consultation. The Wealth StartUp service is delivered by a team led by the same Personal Chief
Financial Officers providing the Wealth Logistics service. The Wealth StartUp service will not include
discretionary investment management, tax support, or performance reporting as is included with
Wealth Logistics.
If you request, Single Point may recommend the services of other professionals for implementation
purposes. You are under no obligation to engage the services of any such recommended professional.
You retain absolute discretion over all such implementation decisions and are free to accept or reject
any recommendation from Single Point. If you engage any professional recommended by Single Point,
and a dispute arises thereafter relative to such engagement, you agree to seek recourse exclusively
from and against the engaged professional.
Assets Under Management
As of March 5, 2024, Single Point Partners LLC has a total of $524,990,693 in assets under
management of which $515,376,233 is managed on a discretionary basis.