Most yacht owners
leave serious money
on the table. We don't.

McGregor Financial Services is the only firm combining IRS Enrolled Agent representation, deep marine sector knowledge, and hands-on accounting — built specifically for yacht owners, charter operators, crew, and marine businesses.

Start with a confidential conversation

Speak with an advisor — no paperwork, no commitment.

A short call to identify your key exposure points, documentation priorities, and what the right next step looks like for your situation.

Speak with an Advisor Send a Private Message

All conversations are handled directly by the advisory team — not outsourced.

IRS Enrolled Agent
Marine Sector Specialist
US & International Tax
Charter & Yacht Owner Advisory
Audit-Ready Positions
Confidential Advisory
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Real Results

Case Studies from the Marine Industry

Financial Services Built for the Marine Industry

From vessel purchase to crew payroll, every service is designed around the specific tax, accounting, and compliance realities of yacht ownership.

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Institutional Insights

“In America there are two tax systems, one for the informed and one for the uninformed.
Both systems are legal.”

Learned Hand — Federal Judge • 1935

Top Reads for Yacht Owners & Crew

Why MFS?

“MFS was founded to reintroduce practicality to accounting in the Marine Industry, despite the overwhelming presence of technology.

We believe in maintaining the highest standards of integrity while offering personalized, reliable financial solutions that truly serve our clients’ needs, ensuring they can navigate their financial futures with clarity and peace of mind.”

Founder

Justin McGregor Boodram EA

Partnership · Global Payments & FX Official Partner

Wise for yacht crew
& marine businesses

Open a Wise Business account through McGregor Financial Services to send, receive, and hold money in 40+ currencies at the mid-market rate. Designed for crew salary, tips, charter payments, supplier invoices, and cross-border marine expenses — with no hidden exchange rate markup.

Mid-Market FX Rate 40+ Currencies Transparent Fees Crew & SMBs No Monthly Fee
Explore MFS × Wise Check Live Rates & Fees

No monthly fee for Wise Business. All fees shown upfront before sending or converting.

Wise — mid-market rate currency transfers for marine businesses
At a Glance
How Wise fits into your MFS plan
FX
Mid-market exchange rate
No hidden markups. Wise shows the live rate and exact fee before you send — every time.
40+
Hold multiple currencies
EUR, GBP, USD and more — convert or spend when it benefits you, not when the bank decides.
MFS
Integrated with your books
MFS maps all Wise activity into your accounting cleanly — no manual reconciliation required.
Made for crew, owners & marine businesses. Learn more

Our Values

  • A black background with a gold compass at the bottom and blue text in the center discussing accuracy, trust, and service, resembling a guiding principle.
  • A webpage with a logo and a paragraph of blue-text mission statement, featuring a yellow tie graphic at the bottom.
  • Text about safeguarding client information with a gold shield icon featuring a person outline at the bottom of the image.

Frequently Asked Questions

What’s the biggest financial risk yacht owners miss?
The most common issue isn’t “tax savings” — it’s fund-flow that can’t be explained later. When owner funds, vessel funds, and reimbursements blur, it creates liability, audit, and banking risk. We help you keep the story clean and defensible.
What does “owner vs vessel funds” actually mean in practice?
It means every payment has a clear purpose, approval path, and documentation trail: who paid, why they paid, and whose obligation it was. We build simple operating rules so managers/bookkeepers aren’t improvising.
We already have a bookkeeper. What do you do differently?
Bookkeeping records transactions. We focus on defensibility: chart of accounts logic, substantiation standards, and clean categorization so reports tell a coherent story. Think: audit-ready, lender-ready, bank-safe records — not just “balanced.”
What do you need from the captain or management team to start?
We can begin with a light snapshot: current bank accounts, payment workflow, monthly OPEX reports, charter/private calendar, and your accounting setup (QB/Xero + any approval tools). If you have it, include policies (expense approvals, reimbursements, crew classification).
How do you handle charter vs private use documentation?
We don’t publish “magic ratios.” We do set documentation thresholds. When usage shifts, the recordkeeping needs to tighten — calendars, contracts, invoices, and purpose notes must align so the position stays defensible.
Does crew classification really matter for owners?
Yes — misclassification can trigger retroactive payroll exposure and penalties. We flag risk early and provide a correction roadmap so you don’t discover problems after years of stacking.
We’re in different ports and time zones. Can this be done remotely?
Yes. Our workflow is built for yacht operations: secure uploads, structured checklists, and clear deliverables. We coordinate across captains, managers, and other providers without slowing the boat down.
What does a “review” deliverable look like?
You get a concise package you can use operationally: a risk-ranked findings list, a fund-flow / controls map (where relevant), a go-forward checklist, and clear “do this / avoid this” rules your team can follow month to month.

Get in Touch
With Us

Confidential enquiries welcome. We typically respond within one business day.

Fax +1 (954) 838-5540
Address 1314 E Las Olas Blvd #1600
Ft. Lauderdale, FL 33301