Our goal is to partner with clients to clarify life goals
develop comprehensive plans and guide you to continued financial success.
Fee-only financial planning firm
We are CFP® Certified Professionals, meaning we have met and continue to meet the rigorous certification standards of the board of Certified Financial Planners and are a NAPFA-registered, independent fee-only fiduciary planning firm. We do not sell financial products – we provide advice. We are highly ethical and team-oriented, offering combined, comprehensive services in financial planning, investment management, taxes, bookkeeping and payroll.
We work solely for you
As independent fiduciaries, we serve the best interest of our clients. There are no hidden fees, no commissions and no commitments to any outside interests. We work solely for you, the client, to the highest fiduciary standards free of conflicts of interest.
Truly holistic
In addition to Yoshida Wealth Management, Narumi Yoshida leads Hara Yoshida Accounting, a distinct company where Mr. Yoshida and his team provide comprehensive tax, accounting, bookkeeping and payroll services for individuals and businesses.
We guide executive professionals and Japanese expatriates to better financial futures, partnering to make an ongoing, positive difference in the lives of people and business. Our client list includes:
Narumi Yoshida, CPA/PFS®, CFP®, EA
Founder and CEO of Yoshida Wealth Management, Inc.
Narumi Yoshida takes great pride in forging long-term relationships with clients. In 2019, after realizing the frequency with which his own family, friends, colleagues and tax clients sought his expertise and insights in their finances, he founded Yoshida Wealth Management.
Born and raised in Shizuoka, Japan, he assisted in maintaining the books for his parent’s business before moving to New York to focus on his studies. After a stint pursuing dance, he reflected on his experiences in finance and bookkeeping for his parents, and decided to pursue a degree in Accounting from Baruch College. Shortly after graduating he became the head accountant for the offices of George Y. Hara.
The experiences with George Y. Hara and assisting clients through events like the financial crisis of 2008 inspire the philosophy and approach of Yoshida Wealth Management.
He continues the legacy started by George Y. Hara in 1979 to this day, managing the affairs of the, now, Hara Yoshida Accounting with George’s son Edward Hara, supporting the Japanese community, the New York community-at-large, and clients around the country.
He has grown in his assurance that he can make a positive impact and provide the greatest help in accounting, tax planning and wealth management services. As a native-Japanese speaker, he can relate to the daunting complexities of finances in a second language and he thrives in helping clients understand their financial situations in their native language. He looks forward to developing long and fruitful partnerships with clients and welcomes you to contact him and his team for an introductory consultation.
Giving back
A huge reason for founding my own financial planning and wealth management business was to generate potential for a greater social impact. Our business donates at least 1% of our gross annual revenues to organizations and charitable groups including UNICEF and various climate change initiatives.
Frequently Asked Questions
Currently, we only offer tax preparation services to Yoshida Wealth Management clients.
Fee-only financial planners are registered investment advisors with a fiduciary responsibility to act in their clients’ best interest. We do not accept any fees or receive compensation from a brokerage firm, mutual fund, insurance company or any other source besides you. Because our sole compensation comes directly from you (our client), our only loyalty is to you. We do not sell any proprietary financial products and always act as advocates for you to identify the most cost effective and appropriate solutions to help you meet your goals.
We provide transparency to our fee schedule on our website and openly state our fees in our customer agreements. Before committing to an engagement, our clients know exactly what they will pay for the advice and investment management services they will receive.
We believe a sound investment portfolio strikes an adequate balance between the risks of the portfolio, an investors’ s willingness to assume risk and financial capacity to bear risk. We harmonize these traits by consistently reviewing the holdings in our clients’ portfolios and maintaining open-ended dialogue with our clients about their risk tolerance and financial capacity.
We utilize fundamental research techniques to select a diversified pool of liquid investments which are then back-tested using quantitative risk management methods. This process allows us to develop an optimal weighting of investments designed to target a specific risk/return profile. We actively monitor company specific and macroeconomic news and research to consistently update our portfolio models. We periodically review and rebalance client accounts to reflect amendments to the target model portfolios and to maintain harmony with a client’s risk tolerance.
If you are a financial planning client, we waive the minimum investment account requirement. If you are an investment only client, our minimum investment account requirement is $500,000.
Yes. We believe that everyone should have financial goals and every goal needs a plan. If you want to manage your own assets or already have an outside asset manager we’d be happy to work with you to develop your financial plan.
Our minimum investment account requirement is $500,000.
For clients participating in our Investment Management Services with $750,000 or more in AUM, Financial Life Planning will be provided at no additional charge. For clients participating in our Investment Management Services with $1,000,000 or more in AUM, Tax preparation services will be provided at no additional charge or discounted price depending on the complexity of your tax situation through Hara Yoshida Accounting.
While we are located in White Plains, NY, we are a virtual firm and serve clients in any state.