Based in Minnetonka, Minnesota
Flames FP is based in Minnetonka, Minnesota. Portland relationships run entirely virtually. This page describes the Portland service area, not a separate Portland branch.
Financial advisor serving Portland
A flat-fee financial advisor serving Portland, OR.
Flames Financial Planning is based in Minnetonka, Minnesota and works with Portland households through a virtual planning relationship. Fixed quarterly memberships coordinate investments, taxes, retirement, and estate guidance without an AUM fee.
Minnetonka-basedA Minnesota firm serving Portland-area households; Flames FP does not claim a Portland office.
$150–$1,650/qtrQuarterly memberships billed in advance, with no annual commitment.
0% AUMThe advisory fee is not calculated as a percentage of the portfolio.
Virtual planningMeet and collaborate from Portland or anywhere else you happen to be.
Direct answer
How Do You Find a Flat-Fee Financial Advisor Serving Portland?
Compare each advisor’s registration, fiduciary role, total annualized cost in dollars, the services included, and who you actually meet with. Flames Financial Planning is based in Minnetonka—not at a Portland office—and serves Portland households virtually. Memberships cost $150, $900, or $1,650 per quarter, with no AUM fee and no annual commitment.
A truthful local relationship
Serving Portland without inventing an office there
A location page should tell you who is actually available, where the firm sits, and how the relationship works day to day.
Built for virtual collaboration
Meetings, document sharing, dashboard access, and ongoing planning all happen remotely, so where you live does not limit the advice you get.
Verify before you hire anyone
Check any advisor’s registration, services, disciplinary history, and fee disclosures before you sign. That applies to this firm as much as any other.
Oregon planning context
What actually differs about planning in the Portland metro
Tax rules are set by the state, not the city, and they change which decisions are worth the most. The full Oregon picture, with sources, is on the Oregon page. How those rules bear on withdrawal order, Roth-conversion timing and Medicare premiums is set out in the retirement tax planning overview.
Oregon tax treatment
Oregon taxes income at up to 9.9%, has no sales tax, does not tax Social Security but taxes pensions, IRA withdrawals and PERS income, and starts its estate tax at $1 million. Portland households add two local income taxes on Oregon taxable income: Metro's 1% above $125,000 single or $200,000 joint ($128,000 and $205,000 from 2026) and Multnomah County's 1.5% rising to 3%, for a combined top marginal rate of 13.9%. A Roth conversion or a realized gain costs more state and local tax here than almost anywhere in the country.
Retirement income: Social Security untaxed; pensions, IRA withdrawals and PERS taxed
Oregon does not tax Social Security or Railroad Retirement Board benefits. Other retirement income, including private and public pensions, PERS, and IRA and 401(k) distributions, stays in Oregon taxable income; a retirement income credit exists for older taxpayers with low household income, and federal pension income attributable to service before October 1, 1991 is subtracted.
Estates: $1,000,000 threshold, not indexed; 10%–16% on the excess
An Oregon estate transfer tax return is required when the total value of the estate is $1 million or more, and the tax runs from 10% to 16% on value above the first $1 million. The threshold has not changed since 2012. Farm, forest and commercial fishing property may qualify for the natural resource exemption for deaths on or after July 1, 2023.
How local households are paid
Portland is paid by Nike in Beaverton and Columbia Sportswear, by Intel's Oregon campuses in Hillsboro (the company's largest site), by Oregon Health & Science University and Providence, by Daimler Truck North America's headquarters, and by a large professional and creative sector. Public-company restricted stock and stock options are common, and the local income taxes make the year each vest or sale lands in a live question.
Rates change; check before you act
Brackets, thresholds, and retirement-income rules are revised regularly. The figures above are for tax year 2025. Treat them as a starting point and confirm the current year before making a decision on them.
Federal and state, together
How Oregon Tax Interacts With a Portland Household’s Federal Return
Oregon income tax alone exceeds the federal deduction cap for many households, and above $500,000 of modified adjusted gross income the cap shrinks toward $10,000; most of what a high-earning Portland household pays the state, Metro and the county is not deductible federally, which makes managing the state layer directly worth more here than in most states.
For tax year 2026 the federal deduction for state and local taxes is capped at $40,400, shrinking above $500,000 of modified adjusted gross income to a floor of $10,000. IRS, Instructions for Schedule A (2025), line 5e.
Worth doing here
Oregon planning opportunities
Things that are worth doing in Oregon that would not be worth doing, or would work differently, somewhere else.
Portland's two local income taxes
Metro's Supportive Housing Services tax is 1% on taxable income above $125,000 single or $200,000 joint ($128,000 and $205,000 from 2026), and Multnomah County's Preschool for All tax is 1.5% above the same thresholds plus another 1.5% above $250,000 or $400,000. Both use Oregon taxable income, so IRA withdrawals, conversions and gains count while Social Security does not. A scheduled 0.8-point increase in the county tax has been under review; the current schedule is on the Revenue Division's page.
Plan around the $1 million estate threshold
A Portland home plus retirement accounts can owe Oregon estate tax at 10% to 16% on the excess over $1 million when no federal tax is due, which puts titling, beneficiary designations and credit-shelter planning for couples on the table early. Owners of farm, forest or fishing property should ask about the ORS 118.145 exemption.
The Oregon College Savings Plan credit
Contributions to an Oregon College Savings Plan or Oregon ABLE account earn a refundable credit of up to $180 ($360 joint) for 2025 and $190 ($380) for 2026, with the qualifying percentage scaled to income.
The first meeting
What the first meeting covers for a Portland household
A discovery meeting is a conversation, not a pitch. For households here it tends to get to these three things.
Which tax year each vest, sale or conversion should land in, given a 13.9% combined top rate and the $125,000/$200,000 and $250,000/$400,000 local thresholds.
Whether the household's estate is near Oregon's $1 million threshold, and what titling, beneficiary designations and trust language would do about it.
For households considering a move: what establishing domicile outside Metro and Multnomah County before a large taxable event would save.
Who this fits
Households Flames FP often helps in Portland
The common thread is a household with enough complexity that the decisions interact, and enough assets that a percentage fee gets expensive.
Corporate employees
See how the planning relationship works for this situation, what is included, and what it costs.
High-income families
See how the planning relationship works for this situation, what is included, and what it costs.
Anyone comparing a 1% fee against a flat one
Run your own numbers before talking to anyone, including this firm. The calculator converts a percentage into the dollars it actually costs over time.
Watch and learn
Financial Planning, Explained Clearly
Start with three videos selected for this page, then use the controls to explore every published Flames FP video guide.
Videos 1–3 of 14
What Nobody Tells You About Earning $400K a Year
See why a $400K income can still leave too little investable margin and how taxes, lifestyle growth, and deliberate investing change the result.
The RSU Strategy Most $300K Tech Earners Miss
Understand taxation at vesting, check the withholding gap, and turn each RSU vest into a deliberate diversification and household-planning decision.
The 3-Account System for a $250K Income
Use cash reserves, tax-advantaged accounts, and a taxable brokerage account to turn a strong income into a repeatable wealth-building system.
The 6 Levels of Wealth for $200K+ Households
Use six stages to separate a high income from the wealth it actually creates.
The Most Underrated Retirement Account
How a taxable brokerage account can support retirement flexibility alongside tax-advantaged accounts.
How to Decrease Your Tax Bill
Review practical tax-planning decisions that can connect income, investments, retirement, and withholding.
Should You Invest or Spend Your HSA?
A practical framework for deciding how an HSA fits healthcare costs, taxes, and retirement planning.
Four Common Backdoor Roth IRA Mistakes
Understand contribution, conversion, pro-rata, and reporting mistakes before they create tax problems.
Direct Indexing vs ETFs in a Taxable Account
Compare diversification, tax management, cost, and complexity before changing an investment strategy.
My New Favorite Account to Gift Money to Kids and Grandkids
Compare the new child investment account with 529 plans, custodial accounts, Roth IRAs for earned income, and the family's actual goals.
Estate Planning Documents You May Need
A plain-English review of wills, powers of attorney, healthcare directives, beneficiaries, and trusts.
Flat Fee vs 1% Financial Advisor
See how a percentage fee changes in dollars as a portfolio grows and what to compare beyond the headline rate.
How Much Life Insurance Do You Need?
Think through income replacement, debt, children, childcare, education, and family risk.
Five Money Mistakes High Earners Make
Common coordination gaps involving taxes, cash flow, investments, insurance, and estate planning.
Common questions
Portland Financial Advisor Questions
Does Flames Financial Planning have a Portland office?
No. Flames Financial Planning is based in Minnetonka, Minnesota, and serves Portland households through a virtual planning relationship. This page describes the service area and does not claim a Portland office.
Can someone in Portland work with Flames FP virtually?
Yes. Portland households can meet by video, share documents securely, use the financial dashboard, and receive ongoing planning without travelling. Flames FP serves clients nationwide where permitted.
How much does Flames FP cost?
Flames Access is $150 per quarter ($600 annualized), Planning is $900 per quarter ($3600 annualized), and Premier is $1650 per quarter ($6600 annualized). Memberships are billed quarterly in advance with no annual commitment.
Does Flames FP charge an AUM fee to Portland clients?
No. The advisory fee is a flat quarterly amount tied to the planning work, not a percentage of the portfolio, so it does not increase as investments grow.
What should a Portland household compare between advisors?
Compare the total annual cost in dollars rather than percentages, exactly what is included at that price, whether the advisor is a fiduciary and fee-only, and who you actually meet with. Then verify the firm's registration and disciplinary history on the SEC's adviser search.
Is Oregon tax planning part of the relationship?
Yes. State tax treatment shapes withdrawal order, Roth-conversion timing, and where investments are best held. Planning includes tax guidance and review of a completed return; Premier adds tax projections and preparation and filing through an independent tax partner. The Oregon rules themselves are set out on the Oregon page.
Next step
Compare a Portland-area planning relationship in actual dollars.
A discovery meeting covers your situation, your current advisor arrangement if you have one, and whether a fixed quarterly membership is a better fit than what you are paying now.