Brian McDaid, CFP®

Phone: 201-391-5161
Fax: 201-391-6110

Brian McDaid, Partner and Co-Founder of Compass Point Advisors, L.P., has been advising individuals and small businesses for over 25 years in the area of tax and financial planning. As a former enrolled agent of the Internal Revenue Service, he has represented tax payers up through the appeals level. Brian's keen awareness of how to best compliment a financial plan with minimal taxation is the cornerstone of his success. Brian became a Certified Financial Planner in 1989, focusing on retirement planning for individuals. His primary goal continues to be effectively preparing people nearing retirement age to ensure that they maximize the income available to them for this life stage. He does this by educating each client on the need to embrace a tax efficient retirement lifestyle. Additionally, Brian is extremely well versed in preserving assets most effectively for the next generation. He works with a team of skilled Certified Financial Planners, Certified Public Accountants as well as estate attorneys to map out a strategy. Each personalized plan then evolves in accordance with the client's short and long-term goals.

A single parent for many years, Brian raised three sons: Adam, now a PGA Professional married to Becky, LPGA Professional; Sean with special needs, now living and working independently; Ryan, horticulturist and master gardener. Brian later married Donna and together have a daughter, Kaitlin, a Sophomore in college. The McDaids reside in Suffern, NY. In his leisure time, Brian enjoys golfing and spending time with family and friends.