Investment Planning
Northeast Planning Associates provides our members with access to a wide array of investment and retirement planning support and product options.
Northeast Planning Associates.
MIT Federal Credit Union provides our members with access to a wide array of investment and retirement planning support and product options through Northeast Planning Associates. Founder Mark Porter, CFP®, CFA®, his advisors and staff help clients work towards their financial objectives by becoming their Chief Financial Officer and presenting them with options and strategies to help accomplish what is important to them.
How we can help
Many members come to Northeast Planning Associates looking specifically for a Financial Plan. In this case, our advisors review your goals and resources in initial meetings, and help you understand where you stand in relation to important decisions such as retirement, education or real estate purchases. They will identify if you are not on track and provide recommendations on how best to pursue your goals. The financial planning analysis also includes a risk management review. After an initial set of meetings to produce the recommendations, members usually meet with our planners semi-annually and as needed to review their financial plan. A flat annual fee is charged for the planning service with that fee determined at the initial complementary consultation.
Members also come to Northeast Planning Associates for help with their investments including IRAs, Roth IRAs or taxable investment accounts. With accounts transferred to their broker/dealer, LPL Financial, our advisors can recommend a wide arrange of traditional and Socially Responsible investment solutions including ETFs, Mutual Funds, and Annuities through both advisory and brokerage platforms. Help with investments can come as a stand-alone service or in conjunction with financial planning..
Finally, our advisors are also licensed to assist members with needs around life insurance, disability insurance and long-term care insurance. Our advisors can simply provide the insurance requested or provide specific recommendations based on a financial plan.
To start the conversation, contact our financial planner today.
LPL Overview
LPL Financial is one of the nation's leading financial services companies and a publicly traded company under ticker symbol LPLA. The firm’s mission is rooted in the belief that objective financial guidance is a fundamental need for everyone. LPL does not offer proprietary investment products or engage in investment banking activities; this means advisors affiliated with LPL are not pressured or influenced by LPL to sell its products. Thousands of financial advisors nationwide are able to rely on the firm’s tools and resources to help them provide financial guidance and recommendations to help meet their clients’ needs. For more information about LPL Financial, visit lpl.com.
With LPL Financial, your advisor is independent, but not alone...so your goals always come first.
Upcoming webinars
Coming soon...
Webinars and seminars are presented by our financial planners and usually run about 45 minutes. One topic is covered each month. There are two session times offered on the same day for you to choose from.
There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to effect some of the strategies. Investing involves risks including possible loss of principal.
Meet our financial planner
Mark Porter, CFP®, CFA®
As a financial planner, Mark is dedicated to serving the investment and financial needs of his clients by offering an objective financial planning approach using a wide variety of products and services. His goal is to build long-lasting relationships formed around trust and honest communication.
Mark helps clients work toward their financial objectives by becoming their personal Chief Financial Officer and presenting clients with options and strategies to help work towards what is important to them.
Mark has experience in Retirement Planning, Wealth Management, Stock Options, Advanced Estate Planning, Tax Management, Education Planning, and Qualified Plans. Mark holds the Financial Industry Regulatory Authority (FINRA) Series 7 registration through LPL Financial and Series 66 registration through LPL Financial.
As a CFP® and CFA®, Mark holds two well-known designations in the world of financial planning and asset management. With rigorous and extensive annual education requirements, Mark is dedicated to being an ongoing student of the Financial Planning industry. He received a BA from the Massachusetts Institute of Technology -Sloan School of Management.
Mark has served on both the Financial Committee and Select Board in his town as well as on the Council on Examinations for the CFP Board of Standards. He is also an Eagle Scout and former Scoutmaster of Scout Troop 77.
Mark has climbed all 48 of the 4,000-foot mountains in New Hampshire, including in the winter. He has climbed several 14,000' peaks in Colorado, Rainier in Washington, Denali in Alaska and [most of] Aconcagua in Argentina. Mark resides in Canton, Massachusetts with his wife and three young children.
You can contact Mark by calling (781) 562-1800 or emailing mark.porter@lpl.com
Smart financial planning today leads to a future of confidence and independence
The knowledgeable, experienced team at Northeast Planning Associates takes time to understand your current situation and needs during a no-cost, no-obligation analysis, and then works with you to customize a strategy for the long run.
Whether your investing, planning, and insurance needs are simple or complex, we're eager to assist. Our guidance and recommendations help carry out your financial planning goals within seven primary areas:
1. Financial Planning
- Asset Allocation Review
- Client Financial Statements
- Cash Flow Analysis
- Income Tax Planning
- Educational Cost Analysis
- Insurance Needs & Policy
- Analysis Estate Plan Analysis
- Rent vs. Own
- Buy vs. Lease
- Business Succession Planning
2. Qualified Accounts
- IRA
- Roth IRA
- SIMPLE IRA
- SEPs
- 401(k)
- 403(b) Plan - Catch up provision rules Profit Sharing Plans
- Defined Benefit Plans - Pension
- Maximization Analysis
3. Advisory Accounts
- Mutual Fund Wrap Accounts
- Separately Managed
- Accounts Active & Passive
- Strategies
4. Insurance Programs
- Equity Index Annuities
- Fixed Annuities
- Variable Life
- Insurance Universal
- Life Insurance Term
- Insurance Whole Life
- Insurance
5. Investment Programs
- Mutual Funds
- Variable Annuities
- Stocks
- Bonds
- REITs
- Direct Participation Programs
6. Educational Accounts
- 529 Plans
- Educational
- IRAs UGMAs
- UTMAs
7. Non-Qualified Accounts
- Standard Brokerage
Seminars
Responsible Investing: Aligning your financial goals with your values
The world is changing faster than ever, with environment and social pressures growing more acute. Climate change, shifting demographics and the technology revolution are reshaping our planet. For investors, this rapidly changing landscape creates opportunities to potentially reduce risk and improve returns all while staying consistent with their values.
So what is Responsible Investing? It's an approach to investing that aims to incorporate environmental, social and governance (ESG) factors into investment decisions, to better manage risk and generate sustainable, long-term returns.
An Environmental, Social and Governance (ESG) fund’s policy could cause it to perform differently compared to funds that do not have such a policy.
Financial Planning 101
Get a better understanding of a number of financial planning topics.
Child Protection Planning
Becoming a parent is a joyous and life altering event. It can also have a serious impact on your finances. How can you best protect your children? How can you best plan for their future?
Basics of Investing
Whether you are investing on your own, through a Roth IRA or your company’s 401(k), the basic philosophy of investing is the same: there is a trade off between risk and return. This discussion will cover the basic building blocks of stocks and bonds as well as discuss the pros and cons of more complicated vehicles including mutual funds, ETFs, annuities, employee stock options and real estate.
Investment Accounts
The US government has encouraged long term savings by offering many different tax breaks for saving. Mark sifts through the various types of accounts offered through employers and to individuals while discussing which accounts may be suitable for different stages of life.
Insurance Concepts
Insurance is a useful tool in the Financial Planning Toolbox, but education is key to make the personal decision of what risk to take and what risk to pay to pass off to an insurance company. Mark will discuss the basics of Auto, Home, Renters, Life, Disability, Long Term Care and Health Insurance in this information packed session.
Putting Cash to Work
Large cash balances can be comforting but may not be consistent with the best long term plan. "Putting Cash to Work" will discuss various the various places where money can be invested including CDs, Bonds, 401(k), Roth IRA, Brokerage and beyond.
Intro to Long Term Care
This seminar provides an overview of long-term care (LTC), including types of LTC plans, costs, and ways to pay for care, as well as information on managing LTC needs, claims payments and the hybrid life insurance option.
MIT Federal Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for brokerage or advisory services.
Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
Financial planning offered through Northeast Planning Associates, Inc. (NPA), a registered investment adviser (RIA). Securities and advisory services offered through LPL Financial (LPL), a RIA and broker-dealer (BD), member FINRA/SIPC. Credit union is not an RIA or BD. Insurance products offered through LPL or its licensed affiliates. LPL registered representatives offer products and services using NPA. These products and services offered through NPA, LPL, or its affiliates, which are separate entities from, and not affiliates of the credit union, are:
| Not Insured by NCUA or Other Government Agency | Not Credit Union Guaranteed |
| Not Credit Union Deposits or Obligations | May Lose Value |
The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.