ABBOT FINANCIAL MANAGEMENT, INC
Firm details
- Headquarters
- ANDOVER, Massachusetts
- CRD number
- 111040
- Registered since
- November 3, 1983
- Website
- www.abbotfm.com
- Custodians
- NATIONAL FINANCIAL SERVICES LLC
- Fee structure
- Percentage of AUM, Fixed Fees
- Client types
- HNWI84.58%
- Individuals12.53%
- Charitable Organizations2.9%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting
Firm profile
FINTRXOverview
Abbot Financial Management, Inc. is an independent, SEC-registered advisory firm that has been operating since 1983. The firm focuses on individuals and families and delivers fee-based financial planning and portfolio management services. Its practice covers managed portfolios for individuals and small businesses, institutional and business accounts, and pension consulting. Fee arrangements include asset-based fees and fixed-fee engagements. Abbot reports an equity-oriented preference in its public holdings and does not identify as an active ESG investor.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities77%
- Public Funds/Mutual Funds12%
- Cash & Cash Equivalents8%
- US Government Bonds3%
- Investment Grade Corp Bonds1%
Owners & executives
1 of 1ANDREW NOVELLINE
President and CEOCRD 4422210
Contacts
2 of 2DENNIS WASSUNG
Portfolio Manager and Wealth AdvisorCRD 4127189
ROBERT MCLEMORE
Advisor & Portfolio ManagerCRD 1226566
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 64Active vs passive
$103M in ETFs
86%
$88.4M
8%
$14.2M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD GROWTH INDEX FUND (VUG) | Vanguard | Passive | Large Growth | $7.6M | 17,297 | 7.36% |
Location
ANDOVER, MA
ESSEX
Location
ANDOVER, MA
Headquartered in ANDOVER, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.
- Metro area
- Boston-Worcester-Providence, MA-RI-NH-CT
- Region
- Northeast
- County
- ESSEX
- Address
- 63 Park St
- Time zone
- ET (UTC-5)
- Office locations
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