Northfield Advisory Group
Northfield Advisory Group
data:image/gif;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=

About Northfield Advisory Group

Northfield Advisory Group works with business owners and leadership teams facing complex challenges that cross traditional functional boundaries. 

With experience spanning corporate strategy, finance and accounting, organizational structure, operations, and technology, Northfield brings an independent perspective to understanding where a business has been, where it stands today, and where its owners want to take it.


Who We Work With

Owner-Led Businesses

Businesses in Transition

Owner-Led Businesses

Businesses where owners remain deeply involved in day-to-day decisions and need experienced perspective, additional executive capacity or support turning priorities into action. 

Growing Companies

Businesses in Transition

Owner-Led Businesses

Organizations whose growth has begun to outpace existing financial processes, systems, organizational structure or management capacity. 

Businesses in Transition

Businesses in Transition

Asset-Intensive Businesses

Companies navigating acquisitions, integrations, succession, leadership changes, restructuring or other periods of significant organizational change. 

Asset-Intensive Businesses

Companies Facing a Challenge

Asset-Intensive Businesses

Transportation, logistics, industrial, construction and other businesses where capital allocation, asset utilization and operational performance directly drive financial results. 

Service-Based Businesses

Companies Facing a Challenge

Companies Facing a Challenge

Professional, technical and field-service organizations looking to strengthen financial visibility, operating discipline, accountability and the infrastructure needed to scale. 

Companies Facing a Challenge

Companies Facing a Challenge

Companies Facing a Challenge

Organizations confronting an important issue that doesn't fit neatly within finance, operations, strategy or corporate services and may not require another full-time executive to solve. 

How Northfield Can Help

Improve Financial Visibility

Prepare for an Acquisition or Sale

Improve Financial Visibility

Strengthen forecasting, reporting, cash-flow management and profitability analysis to give ownership a clearer understanding of business performance and the information needed to make better decisions.

Evaluate a Major Investment

Prepare for an Acquisition or Sale

Improve Financial Visibility

Bring financial and strategic discipline to significant capital decisions, including equipment, facilities, technology, expansion and other investments where the long-term implications matter.

Prepare for an Acquisition or Sale

Prepare for an Acquisition or Sale

Prepare for an Acquisition or Sale

Support owners and management teams as they evaluate an acquisition, prepare for a potential sale, assess financial and operational implications, and work through transaction planning and execution.

Navigate Growth or Restructuring

Solve a Specific Business Challenge

Prepare for an Acquisition or Sale

Assess organizational structure, processes, accountability and management capacity when growth or changing circumstances have outpaced the way the business currently operates.

Add Executive Capacity

Solve a Specific Business Challenge

Solve a Specific Business Challenge

Provide experienced financial, strategic or operational leadership during periods of transition, major initiatives or increased workload, without necessarily adding another permanent executive.

Solve a Specific Business Challenge

Solve a Specific Business Challenge

Solve a Specific Business Challenge

Not every problem fits neatly into a traditional category. Northfield can independently assess the situation, bring together the right people and information, develop practical options, and help management move toward a solution. 

HOW WE WORK

Understand the Business

Put Decisions Into Action

Identify the Opportunity

We take the time to understand how the business actually works. Spending time on site when appropriate, meeting with owners and key team members, and reviewing the financial, operational and organizational picture. 

Identify the Opportunity

Put Decisions Into Action

Identify the Opportunity

We work alongside ownership and management to identify the underlying issue or opportunity, challenge assumptions, and evaluate practical options based on the realities of the business. 

Put Decisions Into Action

Put Decisions Into Action

Put Decisions Into Action

Our involvement does not have to end with a recommendation. When appropriate, Northfield remains engaged through implementation, working with the team to execute decisions and measure progress. 

Current Projects

Great River Capital -Strategic & Business Advisory

Preferred Services - Startup Development & Business Model Strategy

Preferred Services - Startup Development & Business Model Strategy

Northfield is currently providing advisory support to Great River Capital, a Northeast-focused real estate investment firm. Our work brings an independent operating and financial perspective to business strategy, investment evaluation and opportunities for long-term growth. 

Preferred Services - Startup Development & Business Model Strategy

Preferred Services - Startup Development & Business Model Strategy

Preferred Services - Startup Development & Business Model Strategy

 Northfield is working alongside the founders of Preferred Services, an early-stage technology-enabled business focused on improving utilization in the professional trades.



Leadership

Derek Paruolo | Managing Principal

Derek brings more than two decades of executive experience across corporate strategy, finance, operations, M&A, and enterprise management within complex, asset-intensive international businesses.


Over the course of his career, Derek has held senior executive roles including Chief Financial Officer and President, as well as global leadership responsibility for corporate strategy. His responsibilities have spanned corporate finance and treasury, operations, technology, organizational development, human resources, risk, and corporate services.


Derek has also played a leadership role in major transactions and periods of organizational change, including acquisitions, business integration, corporate restructuring, capital investment, and asset financing. His experience includes working across multiple international markets with executive leadership, boards, financial institutions, and other stakeholders.


His approach to advisory work reflects that experience: understand how the business actually operates, ask the difficult questions, bring the right people and information together, and turn strategy into practical action.


Education & Professional Credentials


Derek’s professional foundation combines business education with hands-on operational experience. He completed executive education at Columbia Business School and earned his Master of Business Administration from the University of Connecticut. He also holds both Master of Science and Bachelor of Science degrees from the State University New York Maritime College. Earlier in his career, Derek earned a U.S. Coast Guard Third Mate, Unlimited Tonnage license, reflecting the operational maritime foundation that preceded his progression into finance, strategy, and executive leadership.

Start a Conversation

A Conversation Is Often the Best Place to Start.

Complex business challenges rarely fit neatly into one department.                              

Northfield Advisory Group

Fairfield County, Connecticut, USA

(203) 493-1429 info@northfieldadvisorygroup.com

Let's Connect

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Cancel

Northfield Advisory Group

 info@northfieldadvisorygroup.com 

Copyright © 2026 Northfield Advisory Group - All Rights Reserved.

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept