NorthStar Fiduciary Partners provides portfolio management for individuals and small businesses and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
NorthStar Fiduciary Partners reports 185 clients. They include 162 pension and profit-sharing plans, 17 individual clients, and 5 state or municipal government entities. Of its assets, 58.6% ($747M across 161 accounts) are managed with discretion; $528M across 24 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 9% | <1% |
| High-net-worth individuals | <1% | <1% |
| Pension and profit-sharing plans | 88% | 95% |
| State or municipal government entities | 3% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 17 | $3.6M | 0.3% | $212K |
| High-net-worth individuals | Fewer than 5 | $2.8M | 0.2% | $2.8M |
| Pension and profit-sharing plans | 162 | $1.22B | 95.5% | $7.51M |
| State or municipal government entities | 5 | $51.3M | 4.0% | $10.3M |
| Total | 185 | $1.27B | 100% | — |
- Clients
- 17
- Regulatory AUM
- $3.6M
- AUM share
- 0.3%
- Avg. per client
- $212K
- Clients
- Fewer than 5
- Regulatory AUM
- $2.8M
- AUM share
- 0.2%
- Avg. per client
- $2.8M
- Clients
- 162
- Regulatory AUM
- $1.22B
- AUM share
- 95.5%
- Avg. per client
- $7.51M
- Clients
- 5
- Regulatory AUM
- $51.3M
- AUM share
- 4.0%
- Avg. per client
- $10.3M
Total
- Clients
- 185
- Regulatory AUM
- $1.27B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
NorthStar Fiduciary Partners is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Gary Berdoff owns 75% or more of NorthStar Fiduciary Partners. The leadership team of NorthStar Fiduciary Partners includes Chief Compliance Officer Gary Berdoff. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Northstar Fiduciary Partners, LLC
Gary Berdoff
Control person · since August 2023
NorthStar Fiduciary Partners’ regulatory assets grew 1.7× from $772M (June 2024) to $1.27B (April 2026); clients rose from 104 to 185 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $1.27B | 185 | 2 | 1 |
| Feb 2025February 2025 | $1.15B | 153 | 2 | 1 |
| Jun 2024June 2024 | $772M | 104 | 2 | 1 |
Besides its headquarters, NorthStar Fiduciary Partners has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Northstar Fiduciary Partners, LLC
- Headquarters
- Not reported
- Website
- nsfpllc.com
- Phone
- 732-322-2570
- SEC file
- 801-129423
- Structure
- Ohio LLC
- Fiscal year end
- December
NorthStar Fiduciary Partners’ named custodians for separately managed accounts include John Hancock Distributors ($1.14B, 93%), Empower ($41.3M, 3%) and Ascensus Trust ($40.8M, 3%). NorthStar Fiduciary Partners does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $6.4M1%
- John Hancock DistributorsJohn Hancock Distributors LLC · Boston, MA · $1.14B93%
- EmpowerEmpower Trust Company LLC · Greenwood Village, CO · $41.3M3%
- Ascensus TrustAscensus Trust · Fargo, ND · $40.8M3%
At year end, NorthStar Fiduciary Partners’ separately managed accounts were mostly in funds (70%) and stocks (21%).
What the accounts hold
- Stocks21%
- Exchange-traded equities16%
- Non-exchange-traded equities5%
- Funds70%
- Bonds5%
- Investment grade corporate bonds4%
- High-yield corporate bonds1%
- Cash4%
How many clients does NorthStar Fiduciary Partners have?
NorthStar Fiduciary Partners has 185 clients and manages $1.27 billion for them, as of April 2026. They include 162 pension and profit-sharing plans, 17 individual clients, and 5 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 April 2026
What services does NorthStar Fiduciary Partners offer?
NorthStar Fiduciary Partners provides portfolio management for individuals and small businesses and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does NorthStar Fiduciary Partners use?
NorthStar Fiduciary Partners’ separately managed account assets are held at John Hancock Distributors LLC (Boston, MA), with $1.14B, Empower Trust Company LLC (Greenwood Village, CO), with $41.3M, Ascensus Trust (Fargo, ND), with $40.8M and Charles Schwab & Co., Inc. (Westlake, TX), with $6.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 April 2026
How many financial advisors does NorthStar Fiduciary Partners have?
NorthStar Fiduciary Partners has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does NorthStar Fiduciary Partners invest in?
At the end of its last fiscal year, NorthStar Fiduciary Partners’ separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 5% non-exchange-traded equities, 4% investment grade corporate bonds, 4% cash and equivalents and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns NorthStar Fiduciary Partners?
NorthStar Fiduciary Partners’ direct owner is Gary Berdoff (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 April 2026
How does NorthStar Fiduciary Partners get paid?
NorthStar Fiduciary Partners is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact NorthStar Fiduciary Partners?
Its phone number is 732-322-2570. Its website is nsfpllc.com.