VETTED

Paul Litchfield

Q: Why should I choose you as my financial advisor?

I learned how to make and manage money early in life. After my father went to prison, I started mowing lawns at eight years old to help support my family. Later, I built my wealth management business from the ground up through cold calling and knocking on doors. I didn't have parents in the industry or an established networkI had to build everything from scratch. Some of my clients have overcome similar hardships and immediately relate to my story. Others come from very different backgrounds and appreciate the grit, discipline, and perseverance that shaped who I am. Regardless of where they started, my clients know I bring that same work ethic and level of care to helping them achieve their financial goals. At 39 years old, I've already spent 17 years advising clients. More importantly, I'm not building toward retirement like many older advisors. I'm building toward the next 30 years of serving the families who place their trust in me. My clients can have confidence that the advisor helping guide them today will be there for them and for the next generation.

Top Next-Gen Wealth Advisor Best-in-State

Tel: 781-552-9475 100 High Street Ste 950 Boston, MA 02110

About Paul Litchfield

I learned how to make and manage money when I was 8 years old. My father went to prison and left us with nothing. I started mowing lawns to help put food on the table. I was the first in my family to go to college and worked 3 jobs to make that happen.

Later on, I built my wealth management business from the ground up, cold calling and knocking on doors. I took the hard path to get to where I am at, because that was my only option. Those early experiences shaped me and how I see the wealth management profession. They instilled a level of care, awareness, and respect for money that simply can't be taught.

When I sit across from a client, I don't just see numbers on a page. I understand what money represents: security, freedom and sometimes survival. That is why I do what I do. It's ingrained in my DNA, and it gives me the ability to out care other advisors.

About Claro Advisors

Claro Advisors provides wealth management and financial planning services to clients across the United States in an effort to build long-term relationships with an alignment of interests.

See Disclosures

General Information

Firm Start Year:

2012

No. of Employees:

20-49 Employees

States Licensed in:

ALL

Communities served:

Nationwide in the United States with offices in Boston & Connecticut

Number of Years with Current Firm:

Work Experience:

Paul Litchfield has spent 17 years helping clients across the United States and internationally navigate the financial decisions that matter most.

His practice is built on a simple belief: wealth management should go beyond the numbers. That's why he created the MOVE Framework, a structured approach grounded in Mission, Objectives, Values, and Ethics, to ensure every financial decision is made with clarity, alignment, and purpose.

Paul's career began in public accounting in Boston as a CPA, giving him a rare technical edge in tax strategy and financial structure. He went on to build his investment practice at Morgan Stanley and then Ferris Capital before joining Claro Advisors. Paul works with executives, founders, entrepreneurs, and multi-generational families who want more from their financial life.

Paul has been recognized by Forbes as a Top Next Gen Wealth Advisor Best-in-State for 3 consecutive years, Five Star Professionals, and Top 100 Magazine for his work as a wealth advisor.

Work with the following types of clients:

Individual Investors, Businesses

Foreign Languages Serviced:

English

Advisory Services Provided:

Wealth Management, 401K Rollovers, Retirement Planning, Portfolio Management, Financial Planning, Estate Planning & Trusts, Investment Advice & Management, Financial Advice & Consulting, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Tax Advice and Services, Money Management

Services

Investment Types:

Options & Futures, Mutual Funds, Bonds, Stocks, Insurance, Mortgages & Real Estate, Exchange Traded Funds (ETFs), Alternative Investments, Socially Responsible Investments (SRI)

I provide a free initial consultation:

Yes

Preferred meeting methods

Can meet clients in the following ways:

Your Office, Video Conference, Your Home, Our Office, Phone, Email

Compensation and Fees

Fee Structure:

Fee-Only

Minimum Portfolio Size for New Managed Accounts:

$500,000+

Compensation Methods:

Based on Assets

Additional Details on Charges:

We charge a percentage-based fee typically between 0.50% and 1.5%

We do not charge commissions

We do not sell any proprietary products

We are transparent with fees

Minimum Fee Charged for Managed Accounts:

$5,000

Firm Information

Assets Managed by Firm:

$1,700,000,000

Advisor's Number of Clients:

Education

Bachelor of Science - Finance & Accounting:

UMass Lowell

2005 - 2009

MBA - Finance:

UMass Lowell

2012 - 2012

Why should I choose you as my financial advisor?

Disclosures

WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.

Additional Detailed Disclosures

https://www.wiseradvisor.com/disclosure/1893719/wiseradvisor-claro-advisors-detailed-disclosure.html

17 Years of Experience

CRD# 5970864 Firm CRD# 160294Series: 7, 31, 66

News & Events

Forbes Top Next Gen Wealth Advisor Best-In-State

When: 08/07/2025 | By:

Location:

Details: Paul has been ranked by Forbes for the last 3 years in a row as one of the Top Next Gen Wealth Advisors Best-In-State...

Compliance

Compliance Disclosures in Last 5 yearsI have a clean record

Criminal Disclosures in Last 5 yearsI have a clean record