Jacob S. Bierstedt, CFP®, ChFC®, CPFA®
LPL Financial Advisor
How Can I Help You
Jacob helps individuals and couples answer one of the most important financial questions they will ever face:
How do I turn a lifetime of savings into a reliable income stream that lasts throughout retirement?
As Senior Financial Advisor at Pence Financial Group, Jacob specializes in retirement income planning for those preparing for retirement and those already enjoying it. Using the Income for Life planning process, he helps clients create strategies designed to address the three primary risks that can impact retirement success: Timing Risk, Inflation Risk, and Longevity Risk.
His approach goes beyond investment management. By integrating retirement income planning, Social Security strategies, tax-efficient withdrawal planning, and diversified investment solutions, Jacob helps clients build a framework for retirement that is designed to provide income, flexibility, and confidence throughout their lives. His goal is to help clients make informed financial decisions, avoid costly mistakes, and enjoy the retirement they have worked so hard to achieve.
What Makes Me Knowledgeable
Jacob began his career in the financial services industry in 2012 at Ameriprise Financial before continuing his professional development at Northwestern Mutual. Throughout his career, he has developed a comprehensive planning approach that combines investments, risk management, retirement planning, and long-term wealth strategies.
For nearly a decade, Jacob worked alongside David S. Dixon, CFP®, helping clients navigate the transition from accumulating wealth to generating sustainable retirement income. That experience helped shape the retirement-focused planning philosophy he continues to apply today. In 2025, Jacob and David transitioned their practices to Pence Financial Group, combining their planning philosophy with the resources of a larger organization. Following David's retirement in May 2026, Jacob became Senior Financial Advisor and continues serving clients with the same commitment to personalized advice and retirement-focused planning.
To further strengthen his expertise, Jacob earned the CERTIFIED FINANCIAL PLANNER™ (CFP®), Chartered Financial Consultant® (ChFC®), and Certified Plan Fiduciary Advisor® (CPFA®) designations. He also holds Series 7 and 66 securities registrations and Life and Health Insurance licenses. Jacob graduated from Brigham Young University-Idaho with a Bachelor of Science in Business Management with emphases in Finance and Supply Chain Management. His commitment to ongoing education reflects his dedication to helping clients navigate increasingly complex financial decisions with confidence and clarity.
Getting to Know Me
Jacob is a devoted husband and father of four who values spending quality time with his family. Outside the office, he enjoys maintaining an active lifestyle and appreciates the discipline, consistency, and long-term perspective that come from pursuing meaningful goals. He believes many of the same principles that lead to success in life also contribute to successful financial planning, thoughtful preparation, steady progress, and a focus on what matters most.