facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog external search brokercheck brokercheck Play Pause

"You've Worked Hard to  Build Wealth - We Help You Keep It."

With innovative, protective investing and proactive tax planning, you can enjoy the retirement you deserve.


Experience You Can Trust

Solutions that Stand Apart

After over 20 years working at some of the industry's largest financial institutions, I saw a recurring problem: conventional strategies, outdated products, and advice shaped more by firm limitations than client needs. I’ve made it my mission to provide a better solution—one that offers investors the level of care, insight, and innovation that’s too often missing from the traditional advisory experience. At Claro Advisors, we do things differently.

Investors Trust Claro Advisors to Help Them Keep More of Their Money

Protective Investing Solutions


We have deep expertise in structured notes—a rapidly growing set of institutional-grade strategies designed to provide more protection and income than traditional stocks or bonds.

Learn more at StructuredNotes.com

Tax Optimization Services


Our AI-powered tax return review uncovers overlooked opportunities to reduce your tax bill and improve after-tax returns.

Visit TaxSavingStrategies.com

Client Experience & Reviews


See what our clients are saying. With a proven track record of satisfaction, Claro Advisors earns trust through experience, innovative thinking, and real results.

See our Google Reviews


Not Your Typical Financial Advisor

Unconventional Thinking. Uncompromised Advice.

We provide innovative investment and tax strategies tailored for high-earners, retirees, and pre-retirees who expect more than the standard approach. Our independent structure gives us access to advanced solutions typically reserved for institutions and ultra-wealthy - strategies that are both more sophisticated and more effective. 


As fiduciaries, we put your interests first - no sales quotas, proprietary products, or hidden agendas.  Just clear, objective advice focused on preserving wealth, reducing taxes, and securing your retirement.

If you’re looking to solve your problems with forward-thinking solutions from advisors that put you first, you’ve come to the right place.


Let's chat. No pressure, no prep required

We Are Passionate About

Helping You Achieve Financial Independence 

Meet Patrick

Patrick McNamara, CFP® Photo

Patrick McNamara, CFP®

Schedule Time to Meet


Patrick's Story

Growing up with five siblings in the suburbs of Syracuse, NY, I was taught the value of hard work and personal responsibility at an early age. This led me to develop an interest in finance, entrepreneurship and self-fulfillment through helping others which later set the foundation for my career as a financial advisor.

I received my BS in Business Administration from SUNY College at Oswego in 1995 and moved to the Boston area where I gained a first-class introduction to the financial services industry by working at Fidelity Investments Brokerage Division. I then built upon that experience by working as a sales analyst in the Private Client Group at Goldman Sachs while simultaneously completing my MBA at the Boston College Carroll School of Management.  After 19 years of building a successful practice at Morgan Stanley, I decided to join Claro Advisors, an independent firm founded by like-minded, former Morgan Stanley Advisors.

Patrick Personal Life

On a personal note, I live in the beautiful coastal community of Scituate, MA (aka the Irish Riviera). I’ve been blessed to be married for over 20 years to my wife Kerry who works as a Registered Nurse in the Cardiac ICU of Children's Hospital.  We are committed to raising three incredible children as gracious and confident individuals destined for great things.  I’m also a passionate Boston sports fan who misses the Tom Brady years. Additionally, I love the peace and serenity of the mountains, beach and golf course. You may also find me traveling, cooking at home or enjoying live music.

Our Foundation Helps Define

Who We Are Today

In 2012, Ryan Belanger  left Morgan Stanley at the age of 30 to start his own Registered Investment Advisor named Claro Advisors. He believed in providing a more impactful way to work with clients than what the “traditional” brokerage firms were providing at the time. The aim was to develop better planning, investing and relationships with clients that each begin specifically with their goals in mind.

10+ Years


of Operation

$1 Billion


of client assets under our care

99% Client


retention rate with national client base*

*Source: Claro Advisors analysis of 1,100 clients from 2012 to 2024


As Seen In




To Make Clear In the Mind

The name “Claro” was inspired by the Latin translation “to make clear in the mind.” Our goal is to simplify the chaos in your financial life by carefully walking you through a process that helps you get a handle on where you are today, determine what you want to achieve and then together map out how to get there. We work with you to implement and monitor the strategies needed to simplify the management, preservation and growth of your wealth.


Get to Know the Claro Advisors Team




As your financial advisor, we’re expected to make decisions about your money based on the highest degree of scrutiny. You can be assured that we use the same approach when choosing the service providers we employ to help you meet your financial objectives. This is why we’ve selected Fidelity Institutional ® (“Fidelity”) as our primary custodian where our client accounts are safely held.


How does Fidelity Institutional work for our clients?


An Experienced, Reputable Firm Helping to Protect Your Assets and Privacy

For more than 70 years, Fidelity has built a reputation of integrity and financial management expertise. As a leader in the financial services industry, Fidelity has a thorough understanding of the products and services we need to help best serve you and how to deliver them to you in the most efficient and convenient ways.

Additional Protection for Your Investments

Fidelity has arranged for insurance protection beyond the coverage through the Securities Investor Protection Corporation (“SIPC”). While your assets are covered by SIPC up to $500,000, including cash claims limited to $250,000, Fidelity provides supplemental protection for your account over and above this SIPC coverage.1

Long-Term Vision with You in Mind

Because the firm is privately owned, Fidelity is able to help make decisions based on long-term benefits —not short-term gains — for the investors it serves. Combined with its strength, scale, and diverse set of businesses, Fidelity strives to provide the best possible experience for all its customers and continuously drive improvement. For example, Fidelity has a history of reinvesting a large portion of its profits in technology and services, which may help enhance the solutions we offer you.

Recordkeeping That Helps Simplify Your Life

The need to keep track of your transactions, including capital gains and losses, can be a burden on you — especially at tax time. Fidelity not only helps us with tracking and reporting so we can spend more time with you, but will also provide you with a simplified, consolidated statement each month reflecting all your investment positions and transactions. At the end of the year, you will receive one 1099 tax form and a summary statement, which can make preparing your tax return much easier. Additionally, you can view your account information anytime and anywhere via Fidelity’s robust website (Fidelity.com) and mobile app.


1 Securities in accounts carried by National Financial Services LLC, a Fidelity  company, are protected in accordance with SIPC up to $500,000. The $500,000 total amount of SIPC protection is inclusive of up to $250,000 of protection for claims for cash, subject to periodic adjustments for inflation in accordance with the terms of the SIPC statute and approval by SIPC’s Board of Directors. NFS has also arranged for coverage above these limits. Neither coverage protects against a decline in the market value of securities, nor does either coverage extend to certain securities that are considered ineligible for coverage. For more details on SIPC, or to request a SIPC brochure, visit www.sipc.org or call 202.371.8300.


Why Patrick McNamara & Claro Advisors


The traditional financial advisory model is broken. Too many advisors are still clinging to outdated strategies, bound by firm-imposed incentives, and reluctant to adapt—even when it’s clear their approach no longer serves the client. As fiduciaries, we take a different path. 


Feature / Service Claro Advisors (Us) Big Banks / Traditional Advisors (Them)
Fiduciary Standard ✅ Required to act in your best interest ⚠️ Often operate under a suitability standard
Certifications ✅ Certified Financial Planner™ with 25+ years of experience ⚠️ May lack CFP® or holistic planning credentials
Compensation Model ✅ Fee-based, no commissions or hidden incentives ⚠️ Commission-driven or proprietary product bias
Custodian of Assets ✅ Fidelity Investments – secure, transparent ⚠️ Assets often held in-house, creating conflicts
Product Selection ✅ Open architecture, no proprietary products, very few restrictions ⚠️ Limited product offerings tied to internal sales priorities
Investment Approach ✅ Innovative, forward-thinking strategies built for today’s market ⚠️ Outdated, ineffective ideas that haven’t evolved
Protective Investing Access ✅ Full suite of forward-thinking, innovative products designed to manage risk and preserve capital ⚠️ Often unavailable due to internal product conflicts or limited flexibility
Private Equity Access ✅ Industry-leading options with specialized tax-saving strategies ⚠️ Do not offer these best-in-class alternatives
Cash Alternatives ✅ Cash equivalents with higher after-tax yields ⚠️ Often park client cash in low-yielding proprietary funds
Income Planning ✅ Expertise in industry-leading income products, including structured notes ⚠️ Cling to outdated and ineffective means of generating income
Tax Planning ✅ Proactive and AI-supported tax-saving strategies ⚠️ Little to no proactive tax planning
Fee Structure ✅ Lower costs primarily due to lower overhead ⚠️ Higher fees driven by large organizational cost structures
Fee Transparency ✅ Simple, competitive, fully disclosed ⚠️ Complex, layered, or opaque fee structures
Personalization ✅ Boutique experience with 99% client retention ⚠️ One-size-fits-all service model
Technology + Resources ✅ Flexible use of best-in-class providers and tech ⚠️ Limited by corporate platforms or outdated systems
Crypto Capabilities ✅ Leaders in crypto access and integration for suitable clients ⚠️ Often restricted, limited, or unable to offer crypto exposure
Ownership ✅ Independently owned – clients come first ⚠️ Driven by shareholder profit goals
Reputation ✅ Over $1B under care, named among Boston’s Best by Expertise ⚠️ Reputation often tied to scandals or aggressive sales


Read our Google Reviews

Who We Help

It All Begins With You

Our clients are smart, family-oriented professionals near or in retirement after years of hard work and success. They’re ready to protect what they’ve built—but don’t have the time or desire to manage their finances alone. Most want to avoid two costly mistakes: overpaying in taxes and jeopardizing their retirement savings.

Our mission is to give you confidence in your financial future—so you can enjoy retirement with peace of mind, live with purpose, and spend more time on what matters most.

The right guidance today can make all the difference. See examples of how we have helped address the diverse needs of our clients.

Case Client: Dave and Lucille

Ages: 67 and 66

Status: Pre-Retired Couple

Primary Goal: Create a reliable income plan, reduce market stress, and transition confidently into retirement

The Situation

Dave and Lucille came to us just as they were preparing to retire. Dave had spent most of his career in equipment sales, and Lucille worked part-time for their local church while raising their three children. Over the years, they’d built up retirement savings in their 401(k)s and IRAs, and Dave had recently purchased an annuity he hoped would provide income and security in retirement.

But the more he looked into it, the more he regretted the decision.

The annuity felt confusing, illiquid, and wasn’t performing as he had expected. It didn’t give him the peace of mind he had been hoping for—and it tied up money he might need access to.

Dave also described himself as having a “worrisome temperament” when it came to finances. He kept a close eye on the markets, felt uneasy during downturns, and often second-guessed his decisions. He wanted investments that wouldn’t fuel anxiety—but would still help them retire with confidence.

In addition, Dave had been holding a large amount of cash at the bank. While it felt “safe,” it was earning next to nothing in interest—and he knew that wasn't helping him move closer to his goals. He wanted to find a better way to put that money to work, without taking unnecessary risk.

Lucille was more relaxed but wanted a plan that gave them both clarity, structure, and peace of mind—especially as they approached Medicare enrollment and began thinking about healthcare and long-term planning.


The Approach

Our first goal was to bring calm to the chaos. We reviewed the annuity contract and helped Dave understand exactly what it offered—and what it didn’t. Then we constructed a retirement roadmap focused on control, tax-efficiency, and emotional alignment.

We also reviewed their cash position and proposed high-quality, low-volatility solutions that offered significantly higher yields—more than doubling what he had been earning at the bank—without compromising safety or liquidity.

To round out the plan, we helped Dave and Lucille evaluate their Medicare options, comparing supplemental and Advantage plans to ensure they were making informed healthcare decisions aligned with their broader financial goals.

Their overall strategy focused on:

  • Creating a predictable, sustainable income stream
  • Replacing the underperforming annuity with better-aligned investment options
  • Putting excess cash to better use through low-risk, higher-yield alternatives
  • Designing a portfolio with principal protection investments that limit losses while still offering attractive yields and market participation
  • Strategizing around tax efficiency and future RMDs
  • Navigating Medicare enrollment with clarity and confidence

The Results

Dave and Lucille now feel grounded, secure, and ready for the next chapter:

• We transitioned them out of the unsuitable annuity into a more transparent and flexible strategy designed to support income and liquidity needs without hidden costs or complexity.

• Rebuilt their portfolio using principal protection strategies that limit downside exposure while still allowing for participation in market growth—giving Dave the comfort of knowing their investments are protected while still productive.

• Put their excess cash to work, using low-risk options that more than doubled the interest they were earning at the bank—helping move them closer to their retirement goals without increasing their stress.

• Mapped out a year-by-year retirement income plan, aligning income sources to expenses, so they know exactly how and when they'll draw from each account.

• Built a multi-year tax strategy, including Roth conversions and smart withdrawal sequencing to lower their long-term tax burden.

• Guided them through Medicare enrollment, helping them make informed decisions on coverage that aligned with their healthcare expectations and retirement budget.

• Simplified and consolidated their financial life, giving them a clear, organized view of everything they own and how it’s working together.

Today, Dave says he feels more peace around his money than he has in years. “It’s a huge relief to finally have a plan I understand—and investments that won’t keep me up at night.” Lucille added, “Now that Dave’s less stressed, I can tell we’re both enjoying this transition a lot more.”

With a plan that aligns to their lifestyle, goals, and personalities, Dave and Lucille are stepping into retirement with clarity and confidence.

Case Client: Jim and Laura

Ages: 67 and 65

Status: Retired Couple

Primary Goal: Preserve their nest egg, reduce taxes, and ensure income sustainability throughout retirement

The Situation

Jim and Laura came to us shortly after Jim’s retirement from a successful career in engineering. A proud Navy veteran, Jim brought the same discipline to his finances that he brought to his service and work. Laura, a former accounting executive, had retired two years earlier. They had done a good job saving—between a 401(k), IRAs, and a modest pension, they felt financially comfortable.

But comfort isn’t the same as clarity.

Their biggest question: Do we really have enough to last the rest of our lives? But for Jim, there was another deeper concern: Can I ever trust an advisor again?

Jim had worked with a previous financial advisor who took unnecessary risks with his portfolio—resulting in substantial losses to the hard-earned money he had spent decades saving. That experience left Jim skeptical and frustrated. He felt like no one was looking out for him.

He didn’t want a sales pitch—he wanted someone who would understand his goals, protect what he had built, and take the pressure of managing everything off his plate.


The Approach

When we met Jim and Laura, they had no written income plan. Their accounts were scattered, their tax strategy was reactive, and they lacked confidence in how everything worked together. Previous advice had been overly general and, in Jim’s case, costly.

Our first priority was rebuilding trust. We took the time to listen to their goals, understand their past experiences, and put a plan in place that emphasized safety, clarity, and control.

We created a strategy to:

  • Provide steady, predictable income with less risk
  • Reduce the long-term tax burden through proactive planning
  • Protect the remaining portfolio while still generating growth
  • Plan ahead for healthcare and legacy goals with confidence

The Results

Jim and Laura now have the peace of mind they were missing:

• We implemented a multi-year Roth conversion strategy to shrink future tax bills and diversify how their income would be taxed in retirement.

• Built a custom income plan that blends Social Security, pension income, and strategic withdrawals, giving them stability and control over their spending.

• Repositioned their portfolio to eliminate unnecessary risk while still producing reliable, tax-efficient income.

• Helped them establish a comprehensive estate plan, including the construction of a trust account, to ensure their assets are protected and efficiently passed on to their children and grandchildren according to their wishes.

• Prepared for healthcare and long-term care expenses with built-in flexibility, so unexpected costs wouldn’t throw them off track.

Jim no longer worries about what could go wrong. As he told us, “I lost trust in this industry for a long time—but now I finally feel like someone’s got our back. I don’t worry anymore—you take care of it.”

Today, Jim and Laura are living the retirement they dreamed of—secure in their finances, confident in their plan, and focused on what matters most: time with family, traveling together, and enjoying the life they worked so hard to build.

Case Client: Stacia

Ages: 42

Status: Divorced, 2 Children

Occupation: Marketing Executive, Healthcare Industry

Primary Goal: Build financial clarity and control through tax planning, equity strategy, debt management, and long-term wealth building

The Situation

Stacia came to us feeling overwhelmed.

A successful marketing executive in the healthcare industry, she was excelling in her career but constantly second-guessing her financial decisions. Recently divorced and raising two kids on her own, Stacia had a demanding schedule—and little time to manage the financial complexities in her life.

She had equity compensation from work, growing income, a mortgage, and credit card debt that had accumulated during a difficult transition. She was making progress, but lacked a coordinated plan. Her taxes felt high, her cash flow was inconsistent, and she didn’t feel like her money was working as hard as she was.

Most of all, she felt like she should know more about personal finance—but never had the time or guidance to catch up.


The Approach

The first thing we did was take the pressure off. Stacia didn’t need to know everything—she just needed someone to build a plan around her goals and walk beside her through it.

We started with a deep dive into her current financial picture: income, equity compensation, taxes, savings, debt, and expenses. Then we helped her prioritize what mattered most in the short term—like improving cash flow and reducing financial stress—while creating a long-term strategy to build wealth and increase flexibility.

We built a customized plan that focused on:

  • Lowering her current and future tax obligations through a tax-efficient investment management strategy designed to reduce her yearly tax bill and increase after-tax growth potential
  • Using AI-powered tax return analysis to uncover overlooked deductions and tax-saving opportunities she hadn’t been advised on previously
  • Connecting her with a qualified CPA to prepare her taxes accurately and align with the broader financial plan we built
  • Structuring a debt reduction plan to eliminate high-interest balances and free up cash
  • Creating an investment plan that aligned with her goals, timeline, and risk tolerance
  • Establishing a savings strategy for education, retirement, and financial independence
  • Organizing and simplifying her accounts so she could clearly see where she stands—and what’s next

The Results

Today, Stacia has a level of clarity and confidence she never thought she’d have with money:

• We implemented a tax strategy that coordinated her RSU vesting and 401(k) contributions, introduced tax-aware investment management, and used AI technology to scan her tax return, revealing multiple new tax-saving opportunities. We also connected her with a trusted CPA who now prepares her returns and coordinates directly with us to ensure her tax and investment strategies stay aligned.

• Designed a debt reduction plan that prioritized high-interest credit balances while still allowing her to save—putting her on a clear path to becoming debt-free in a realistic timeframe.

• Built a long-term growth investment portfolio that matched her time horizon and risk profile, with targeted exposure to AI innovation and digital assets like cryptocurrency—allowing her to invest in the technologies she believes will shape the future, while still maintaining diversification and discipline.

• Created an emergency fund and sinking fund system, so unexpected expenses no longer derail her monthly plan.

• Set up college savings accounts for her children, showing her what’s realistic—and how small, consistent contributions can make a big impact over time.

• Simplified her financial life, helping her consolidate accounts, track progress, and make decisions with more confidence and less emotion.

Stacia no longer feels like she’s “behind” or “not good with money.” As she put it, “I’ve never felt this in control of my finances. It’s not just about the numbers anymore—it’s about what they allow me to do for myself and my kids.”

With a thoughtful, well-structured plan in place, Stacia can now focus more energy on her growing career—and, most importantly, enjoy more meaningful time with her two boys and extended family.

Case Client: Henry and Veronica

Ages: 46 and 43

Status: Married with Two Young Boys

Occupation: Henry – Owner of a Successful Advertising Company

Primary Goal: Address large tax burden, maximize retirement savings, preserve wealth, and maintain lifestyle including travel

The Situation

Henry is the owner of a thriving advertising company, generating substantial income that places him in the highest tax bracket. Alongside his wife Veronica, they’re raising two young boys and enjoy traveling as a family. Despite their success, Henry and Veronica faced a significant tax challenge that was reducing the growth potential of their wealth.

They wanted a strategic, efficient way to minimize taxes while building a robust retirement plan that would allow them to maintain their lifestyle and provide for their family’s future.


The Approach

We collaborated closely with Henry and Veronica’s CPA and estate planning attorney to build a comprehensive, integrated strategy tailored to their unique situation.

Key components of the plan included:

  • Designing a customized retirement plan featuring a tailored combination of 401(k), profit sharing, and cash balance pension plans. This design enabled Henry to maximize tax-deferred retirement savings beyond traditional limits while accelerating their ability to retire comfortably. Another important benefit of this plan was the ability to reward key employees while simultaneously implementing an employee retention strategy to strengthen his business.
  • Implementing a tax-efficient investment management strategy that minimized taxable gains and ordinary income, preserving more of their wealth.
  • Including a mix of protective investment strategies that allow for both growth potential and downside protection in the event of market declines.
  • Adding private equity investments designed to generate market growth while simultaneously passing through losses, helping to ease their tax burden.
  • Using innovative cash management strategies to help Henry and his business earn a higher after-tax return on cash—solutions that provided better tax efficiency and yield than traditional bank products, while still maintaining safety and liquidity.
  • Focusing their portfolio on top-performing technology stocks, including targeted exposure to AI innovation and cryptocurrency, aligning with their growth objectives and interest in cutting-edge sectors.
  • Working with their estate planning attorney to properly title assets and structure their estate plan, ensuring wealth preservation and protection for their family’s future.

The Results

Henry and Veronica now enjoy a more efficient financial structure that supports their goals:

• The tailored retirement plan combining 401(k), profit sharing, and cash balance components significantly increased their retirement savings potential while providing valuable tax deferral, enabling Henry to contribute substantially more each year than traditional retirement plans allow. It also helped him reward and retain key employees, strengthening his business for the long term.

• The tax-efficient investment approach reduced taxable distributions, helping keep their effective tax rate lower and improving after-tax returns.

• A diversified portfolio with protective investment strategies provided growth opportunities while limiting downside risk during market volatility.

• Private equity investments added diversification and growth potential while generating losses that offset taxable income elsewhere in their portfolio.

• Innovative cash management strategies allowed both Henry and his business to earn better after-tax returns than traditional savings solutions—while maintaining full access to liquidity and preserving capital.

• Concentration in technology stocks focused on AI and crypto positioned their portfolio to capture emerging market trends with thoughtful risk management.

• Estate planning collaboration resulted in properly titled assets and trust structures that protect their wealth and provide peace of mind for their family’s legacy.

With these coordinated strategies, Henry and Veronica can confidently pursue their passions—including travel and family time—knowing their financial future is well-planned and their tax liabilities minimized.

Tailored Solutions

To Guide Your Financial Well-Being

🧭 Comprehensive Financial Planning That Puts You First

In today’s world of economic uncertainty and complex choices, having a clear, customized plan is more important than ever.

At Claro Advisors, we deliver real financial clarity—so you can move forward with confidence.

  • 🎯 Align your financial decisions with your goals
  • 🧘 Reduce stress and uncertainty
  • 🚀 Build, protect, and enjoy your wealth

📋 What You Get with Claro’s Financial Planning

You’ll receive a complete, personalized plan that includes:

  • Written financial plan covering every key area:
    • Investments
    • Retirement
    • Tax strategies
    • Debt management
    • College planning
    • Social Security
    • Insurance
    • Estate planning
  • AI-powered tax return review — Find hidden tax-saving opportunities
  • Two-page executive summary — Clear, actionable steps
  • Your own secure personal financial website
  • Annual reviews to adjust as your life evolves
  • Unlimited access to your CFP® professional
  • Extended team support — CPAs, estate attorneys, insurance pros & more

🛠️ We Also Assist With:

  • Workplace retirement plan reviews (401(k), pensions, distributions)
  • Mortgage and refinancing analysis
  • Auto buying advice (lease vs. buy)
  • Insurance policy reviews
  • Estate planning introductions (wills, trusts, POAs)
  • Medicare and health insurance analysis

🧑‍💼 Why Work with a CFP® Professional?

Not all advisors are held to the same standard. Our CFP® certification means we’ve met strict requirements in:

  • 🎓 Education – Certified financial planning curriculum
  • 📝 Examination – 10-hour, two-day exam across all financial disciplines
  • 💼 Experience – At least 3 years of real-world financial planning
  • 🛡 Ethics – Bound by a strict fiduciary code of conduct

With over 25 years of experience, Patrick McNamara delivers objective, forward-thinking advice backed by deep expertise.


❓ Your Questions, Answered

  • Will I outlive my money?
  • Can I reduce my taxes this year?
  • Is my family protected if something happens to me?
  • How much do I need for college or retirement?
  • Am I overpaying for insurance?
  • Should I refinance my mortgage?
  • What are my better income options?

You don’t need all the answers today—but you do need a plan.


🔄 Our 4-Step Planning Process

  1. Discover – We learn about your goals and values
  2. Design – We build a plan tailored to your life
  3. Implement – We guide you through every step
  4. Monitor – We keep your plan on track over time

👋 Ready to Get Started?

You don’t have to figure it all out alone. Let’s build a financial plan designed for your life—so you can move forward with confidence.

👉 Book Your Discovery Meeting

Our Investment Management Difference

At Claro Advisors, we believe investment management should be built around your goals—not Wall Street’s incentives. Our approach is centered on protecting your wealth, minimizing unnecessary risks, and maximizing long-term, after-tax returns.

We don’t rely on outdated models, proprietary products, or broad market guesses. Instead, we design thoughtful, personalized portfolios that align with your financial life and adapt to today’s complex environment.


What Sets Us Apart

We serve your best interests by focusing on three core pillars:

📉 Minimizing Tax Liabilities

Taxes are often the biggest hidden expense in a portfolio. Our team takes a proactive approach to reducing your tax burden by designing and managing your investments with a tax-aware mindset. Strategies include:

  • Year-round tax-loss harvesting to continuously offset realized gains—not just at year-end
  • Asset location strategies to place the right assets in the most tax-advantaged accounts
  • Private equity investments designed to generate valuable tax losses for qualified investors
  • Tax-efficient income streams to deliver reliable cash flow with minimal tax drag
  • Investments with tax-efficient structures that minimize capital gains distributions

🛡 Limiting Downside Exposure

Market volatility is inevitable—but major losses don’t have to be. We use modern portfolio tools to help protect your investments while still allowing for meaningful upside. These include:

  • Defined outcome strategies with built-in downside buffers
  • Buffered ETFs that provide partial protection during market downturns
  • Protective structured notes designed to offer tailored return and risk parameters
  • Steady income solutions that generate reliable cash flow with minimal fear of principal loss
  • Innovative, forward-thinking strategies that help reduce risk beyond traditional diversification

💼 Low-Cost, Professionally Managed Portfolios

We combine the power of low-cost index strategies with the oversight of professional third-party money managers. This gives you institutional-quality investment solutions—without high fees, commissions, or corporate conflicts of interest.

Lower costs mean more of your money stays invested and working for you—and over time, that cost advantage compounds, helping you grow your wealth faster and reach your goals sooner.

Our open-architecture platform also gives you access to private market investments, income-focused strategies, and custom portfolio designs that reflect your values, goals, and risk tolerance.


✅ Ready for a Smarter Investment Approach?

If you're looking for more than the standard approach—and want a partner who proactively protects and grows your wealth—Claro Advisors is here to help.

Let’s talk about what’s possible.

Schedule Time to Get Started

 


Small Business Retirement Plans

Having a qualified retirement plan for your business can help increase your tax and retirement savings while also offering an important benefit to attract and retain an effective and engaged workforce.

Whether you are looking for a SEP IRA, 401k, Profit Sharing or Cash Balance Plan, we can help you review, identify and implement the most appropriate retirement plan for your business.


As a Fiduciary and independent 401k plan advisor,

We will coordinate with third party service providers from Administration, recordkeeping and payroll to make sure your plan is running without problems and in compliance with current regulations. Furthermore, we will assume all duties, responsibilities and obligations that arise from our status as a 3(21) Fiduciary under ERISA.


Plan Design Assistance:

We will work with you and your Third Party Administrator to customize a plan design that optimizes tax and retirement savings at the least possible cost.

Recommend Service Providers:

Our independence allows us the flexibility to partner with any Third Party Administrator or Recordkeeper to help build the ideal retirement plan.

Participant Education Consulting:

We will consult with the Plan on the effectiveness of the employee education program. The Advisor will conduct and coordinate education consulting efforts with the Plan’s current providers to maximize plan participation and retirement readiness.

Fee Analysis:

We will assist the investment committee or other responsible fiduciary in understanding the investment fees that are charged to the Plan and how those fees compare to the fees other similar investment vendors charge for similar services and products. We will also assist the Plan Sponsor, when necessary, in producing participant notifications regarding fees.

Investment Selection and Monitoring:

As a 3(21) Investment Advisor, we will act in a “co-fiduciary” capacity which means we share fiduciary responsibility for plan investment selection. This includes creation of an investment policy statement and assistance with investment lineup selection and ongoing monitoring.

Risk & Fiduciary Compliance:

Keeping your plan compliant and up-to-date with current Department of Labor, IRS and ERISA regulations is also an important part of what we do. We will construct a Fiduciary File that will be used by the Plan to keep documentation related to the Plan. This documentation includes, but is not limited to, Investment Committee minutes, Investment Policy Statement, investment analysis, educational work, fee analysis, vendor analysis, 404(c) information notices (if applicable), and plan design/work analysis.


Ready to Set Your Business Up for Success?


Get Started With a Consultation


Retirement Plan FAQ

What is a Retirement Plan Sponsor?

A retirement plan sponsor is a company or employer that offers a retirement plan as a benefit to employees. As such, if you own a business or company that offers a 401(k) plan, for example, your business qualifies as a retirement plan sponsor. But what does that mean?

Essentially, it means you have a lot of responsibilities on your plate. Plan sponsors may be accountable for making important decisions to determine plan design, employee eligibility, and investment choices, and they may also be responsible for regularly updating and amending the plan. Plus, unless you hire a third-party fiduciary service to take on the fiduciary liability of the plan, you’ll be held to rigorous rules and regulations as a plan sponsor that may fall outside of your expertise.


What Is The Plan Sponsor Responsibilities?

Plan sponsors may be accountable for making important decisions to determine plan design, employee eligibility, and investment choices, and they may also be responsible for regularly updating and amending the plan. Plus, unless you hire a third-party fiduciary service to take on the fiduciary liability of the plan, you’ll be held to rigorous rules and regulations as a plan sponsor that may fall outside of your expertise.


Is a Plan Sponsor a Fiduciary for the retirement plan?

A fiduciary is a person who is obligated legally to act in the best interest of his client. A retirement plan sponsor is automatically a fiduciary, although it is possible to share their responsibilities to reduce liability. However, the plan sponsor is not absolved of fiduciary duties, even if they delegate. Below is a list of the fiduciary responsibilities of the plan sponsor.

  • The plan sponsor is to act solely in the interest of the plan participants and their beneficiaries.

  • They are to carry out their duties with prudence and diligence; This is one of the principal responsibilities of the plan sponsor as a fiduciary. It requires having expertise in a diverse variety of areas about investment.

  • Lacking this expertise might require the hiring of another party with the needed knowledge.

  • Following Plan Documents: This is also a fundamental plan sponsor responsibility, this is because the document is the foundation for all retirement plan operations. Employers are therefore required to be familiar with this plan document, as well as making periodic reviews of its content.

  • Diversification Of Plan Investments: Diversification is another essential fiduciary duty of the plan sponsor as it helps to minimize the risk of losses.


How do you help me reduce my fiduciary duties as a plan sponsor?

As an independent advisor, we will help you maintain reasonable expenses, identify and mitigate potential conflicts of interest, increase participant and savings rates, and help educate employees.  In addition, we will fulfill all the duties and responsibilities as a 3(21) Fiduciary under ERISA.


Why should I have a financial advisor for my plan?

A retirement plan can place a significant administrative burden on your time. Keeping the plan in compliance with current regulations can also  be a challenge. A good financial advisor assumes much of the responsibility in managing it. That way, you can work more on the business.


Should I work with a Third Party Administrator (TPA)?

A TPA will ensure that the plan design conforms with your businesses’ retirement plan objectives. TPAs help ensure your annual plan data and participant records are accurate, and assist in keeping your plan compliant with IRS and DOL requirements.


What is a Safe Harbor 401k Plan?

Safe Harbor is a way of structuring a 401k Plan that allows business owners to maximize their contributions while avoiding IRS compliance testing.   As a trade off for this provision, business owners must make a minimum contribution to each eligible participant which must be immediately 100% vested. This means the plan cannot discriminate against lower-earning employees.


How much does it cost to implement a Safe Harbor 401k?

You will likely need to hire a Third Party Administrator (TPA) to implement a plan.  The annual TPA fees typically range from $1200-$2500 plus a small participant fee.  However, the SECURE Act provides a tax credit for implementing a new qualified retirement plan.  This credit is equal to 50% of the plan’s startup costs up to the greater of $500 or $250 times the number of “non-highly compensated employees” eligible to participate in the plan up to a maximum of $5,000 per year for up to three years.


What is a Cash Balance Plan?

A Cash Balance plan is a type of defined benefit plan that also qualifies for tax deferral and creditor protection under ERISA.  Business owners use these plans to contribute significantly higher amounts to their retirement savings beyond the allowable 401k and Profit Sharing Plan Limits.  Contributions are tax deductible and invested in an account with a conservative targeted rate of return.


Who should implement a Cash Balance Plan?

Business owners including 1099 employees who have maximized their 401k and profit sharing contributions. Cash Balance Plans can be “paired” with these defined contribution plans to “accelerate” retirement savings.


Estate Planning Services

While Claro Advisors is not a law firm and does not prepare any legal or estate planning documents, we can refer you to an estate planning attorney or work with your current attorney.

For clients who have less complex estate planning needs, we can offer a 10% discount at Trust and Will, a third party online estate planning company. 

Trust & Will is a modern, secure solution for those with uncomplicated estate planning needs, and the only online estate planning platform with SOC2 Certification for cyber security. If estate planning feels overwhelming, allow Trust and Will to simplify.

Start Here: The Complete Guide to Estate Planning!

See full privacy policy here



Tax Planning with Artificial Intelligence

Often overlooked, robust tax planning is one of the most valuable pieces of a holistic financial plan. We can analyze your financial picture to identify unique strategies and work within the tax code to mitigate the effect that taxes will have on your networth. And with the power of Holistiplan, we can employ the use of artificial intelligence to help find those gaps in a fraction of the time.  


What is tax planning? 

Tax planning refers to our review of your tax return to identify potential planning opportunities - both now and in the future - to keep your lifetime tax liability as low as possible. This is different than tax preparation (usually done by your CPA or an online service like TurboTax), which is focused on keeping you compliant with what the government thinks you owe each year.

Why is tax planning important? 

Taxes touch every part of your financial life. Your tax return is a financial fingerprint: it's completely unique to you, complete with valuable clues and information, all of which is buried in dozens of pages and hundreds of numbers. Understanding your return equips us to have more valuable and actionable conversations with you. Additionally, we can demystify the world of income taxes and help you understand this important piece of your financial picture.

Who is tax planning for? 

Everyone! Regardless of your income sources or filing status, nearly anyone who pays income taxes can benefit from having a professional review of your tax return to identify relevant planning opportunities. At worst, we'll review your return and conclude you are currently maximizing every available tax saving opportunity. That's great "peace of mind" news. Alternatively - and more frequently - we'll identify a handful of tax saving opportunities, both in the current year and in future years.

What kind of opportunities might be identified?

We will evaluate a number of opportunities during tax planning, including topics like tax efficient withdrawal strategies, charitable giving, realizing capital gains, Roth IRA conversions, tax credit eligibility, and more.  We can run projections to see how potential changes (e.g., filing status, tax law changes, the sale of a business, stock option exercises, etc.) may impact your upcoming tax liability.

What are the Next Steps


Step 1

A 30-minute discovery call allows us to assess your needs and goals. Schedule a call with a CFP Professional.

Visit Taxsavingstrategies.com


Step 2

Upload a PDF of your Form 1040 via our secure E-money Portal


Step 3

We use advanced Optical Character Recognition (OCR) technology to read your tax return and instantly create a summarized report that highlights red flags and tax-saving opportunities. 


Step 4

We will use this analysis to build out scenarios to immediately identify key income breakpoints for tax planning opportunities like ROTH conversions, tax-efficient withdrawals, charitable giving, and much more. 


Claro Advisors does not provide tax and/or legal advice. Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax or accounting advice. Clients should confer with their qualified legal, tax and accounting advisors as appropriate.

Insights & Resources



Loading Posts...


READ MORE



Frequently Asked Questions


What is a Registered Investment Advisor (RIA)?

A Registered Investment Advisor (RIA) is a firm engaged in the investment advisory business and registered either with the Securities and Exchange Commission (SEC) or state securities authorities. RIAs have a fiduciary duty to their clients, which means they have a fundamental obligation to provide suitable investment advice and always act in their clients' best interests.

Are you a Fiduciary?

Yes, I am professionally and legally obligated to act in your best interest. This seems like common sense however not all professionals in our industry are fiduciaries. Many brokers and insurance agents receive commissions for recommending specific investment products which may cause a conflict of interest. We only get paid by our clients.

What is a CFP®?

A CERTIFIED FINANCIAL PLANNER™ (CFP®) professional is an individual that is authorized to use the CFP® certification marks by the CFP Board. CERTIFIED FINANCIAL PLANNER™ (CFP®) professionals must first acquire the knowledge required to deliver professional, competent and ethical financial planning services to clients. Additionally, they must pass a comprehensive certification examination, complete three years of professional financial planning experience and adhere to the high standards of ethics and practice outlined in the CFP Board’s Standards of Professional Conduct. CFP® professionals are also required to complete 30 hours of continuing education every two years, including two hours of ethics education. CFP® professionals providing financial planning services must also abide by a fiduciary standard, meaning they must in good faith act in the best interest of the client.

Are my assets insured with Claro Advisors, LLC?

Any assets you entrust to our firm are placed in custody with Fidelity's clearing firm, National Financial Services, LLC.  Securities in accounts carried by National Financial Services LLC (NFS) are protected in accordance with the Securities Investor Protection Corporation (SIPC) up to $500,000. The $500,000 total amount of SIPC protection is inclusive of up to $250,000 protection on claims for cash, subject to periodic adjustments for inflation in accordance with terms of the SIPC statute and approval by SIPC’s board of directors. NFS also has arranged for coverage above these limits. Neither coverage protects against a decline in the market value of securities, nor does either coverage extend to certain securities that are considered ineligible for coverage. For more details about SIPC, or to request a SIPC brochure, visit www.sipc.org or call 202.371.8300.


“Excess of SIPC” Coverage

In addition to SIPC protection, NFS provides for brokerage accounts additional “excess of SIPC” coverage. The excess of SIPC coverage will be used only when SIPC coverage is exhausted. Like SIPC protection, excess of SIPC protection does not cover investment losses in customer accounts due to market fluctuation. It also does not cover other claims for losses incurred while broker-dealers remain in business. Total aggregate excess of SIPC coverage available through NFS's excess of SIPC policy is $1 billion. Within NFS's excess of SIPC coverage, there is no customer dollar limit of coverage of securities, but there is a $1.9 million on coverage of cash waiting investment.  This is the maximum excess of SIPC coverage currently available in the brokerage industry.

Where do you meet clients?

We have offices in Boston and Hingham, MA.  We can meet in one of our offices, your home or any alternative location. We also have video conferencing and screen sharing capabilities for virtual meetings.

What do you charge?

I charge an inclusive fee up to 1.1% based upon assets under management. There are no separate charges for transactions, financial planning or consultations. Read our Form ADV to learn more.

How often do you communicate with clients?

Typically, I schedule meetings with clients on a semi-annual or annual basis depending on their individual preferences. Communication is ongoing through both phone and digital means. I also have regularly scheduled events throughout the year which clients may attend.

Do you offer tax advice?

Claro does not prepare or file tax returns. However, we do use AI technology to review client tax returns for tax planning opportunities. We actively incorporate tax mitigation startegies as partof our planning process  We will coordinate with your tax preparer or introduce you to other CPAs if needed.

Do you offer estate planning services?

We do not prepare any estate planning documents. If you do not have an estate plan or an attorney, we will help you articulate your estate planning goals and help you find the right tax or legal advisor, and then work closely with them to ensure your financial plan reflects your estate planning needs.  Clients receive a 10% discount off estate planning services offered through TrustandWill.

Do you sell insurance or annuities?

While I’m licensed to sell insurance I typically would recommend one of our external insurance partners. However, we develop risk mitigation/income strategies as part of our financial planning process that may serve as a viable alternative to conventional insurance products.

Will you prepare a financial plan?

Yes, we will prepare a financial plan based on the information you provide to us. These plans are updated daily and will be stored on our secure, financial planning portal which you can access at any time. These plans include stress tests, “what-if” scenarios and cash flow projections based upon your goals.

What should I do to prepare for our first meeting?

Prior to our first meeting, we will send you a link to our secure financial planning portal which will allow you to provide necessary documents and information that will help us prepare for our meeting. If this is our first meeting and you are trying to get a feel for who we are and whether we would be a fit, no preliminary information is required. We will try to get a sense of your goals and expectations during our conversation.

How would you describe your investment strategy?

I have over 20 years managing client assets through multiple bull and bear market cycles. I help investors filter out the noise, headlines and emotions and maintain a disciplined investment plan. Individual Equities and ETFs are emphasized for growth and actively managed mutual funds and discounted closed-end funds are typically used for income. I also try to increase portfolio returns by taking advantage of inefficiencies and dislocations in the closed-end fund marketplace. Ideas that offer a "high probability for success"  instead "high risk/high reward" are emphasized   Select structured products are incorporated to help minimize potential losses while also providing enhanced returns.

Where are my assets held?

We have selected Fidelity Investments as the custodian for our clients’ assets, in recognition of the firm’s history, strong institutional reputation and the caliber of the services it makes available to Claro Advisors and our clients.

Do you have a minimum account size?

I generally have a minimum portfolio size requirement of $100,000. However, I will assist our client’s family members and friends regardless of asset size.

How do I transfer my brokerage or IRA accounts to Claro?

The transfer process is very easy, paperless and can be completed in a matter of minutes. We use Dropbox and Docusign for the secure, electronic exchange of paperwork. Once you sign the Docusign, your account holdings will be transferred in about a week to our custodian, Fidelity Investments.  You can then access your accounts through www.Fidelity.com or via the Fidelity App.


Videos


Loading Posts...


READ MORE              View YouTube Channel   

Opportunities to Enhance Your Understanding

Learn About Our Upcoming & Past Events


Loading Posts...


READ MORE

Client Center

Access Your Accounts


Located in Boston & Serving Clients Throughout New England

Let’s Connect

Whether you’re ready to schedule an introductory conversation or have remaining questions about our services, contact us today. We look forward to working with you.



Schedule a Call
No Cost, No Obligation