New England Private Wealth Advisors, LLC is a large advisory firm based in Wellesley. It manages $1.82 billion of regulatory assets for 2,337 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Connecticut, Florida, and 4 other states.
New England Private Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of New England Private Wealth Advisors, LLC is $1.82 billion. The firm's AUM has grown by 1717% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay New England Private Wealth Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of New England Private Wealth Advisors is high net worth individuals with 223 clients and $1.15 billion of assets under management. Among the 11 most similar advisory firms, New England Private Wealth Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.81 billion for 290 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
New England Private Wealth Advisors doesn't advise any private funds.
The company employs 18 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Melissa Griffin Boccaci joined the executive team most recently as the Senior Financial Advisor/Chief Compliance Officer.
The principal office where New England Private Wealth Advisors, LLC performs its advisory services is located at 36 Washington Street, Suite 280, Wellesley, MA 02481 1922, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 781-416-1700 or by fax 781-416-1718. The normal business hours are 8:30-5:30 on Monday - Friday. You can find more information about the New York firm at nepwealth.com.