Today, Cyr Financial announces its 20th anniversary in business. With humble beginnings, Chris and Jamie Cyr started Cyr Financial out of their home office in 1999. The businesses’ first advertisement was placed in the Putnam County Record newspaper, offering tax preparation services to the public. Jamie recalls the first year requiring a lot more paper, as e-filing tax returns was not yet a reality. She also noted the original office was “much quieter than it is today”.
By the time their first year was over, the company’s tax return showed a modest profit of $94. In fact that original tax return is proudly displayed in the welcome area of Cyr Financial’s Hennepin office. Today Cyr Financial employs seven team members and serves clients in 8 states. While investment management and retirement planning has become the focal point of their firm, they still prepare hundreds of tax returns each year for their clients… As Chris says, “Although we are a wealth management firm, we will always have that CPA blood in its DNA.”