NEW WORLD ADVISORS LLC

RIASEC RegisteredEst. 2018

Total AUM

$885M

Discretionary

$878M

99% of AUM

Avg account

$1.8M

Accounts

498

Employees

Advisory reps

Firm details

Headquarters: HINGHAM, Massachusetts
CRD number: 296798
Registered since: May 25, 2018
Website: www.newworldadvisors.com
Custodians: FIDUCIARY TRUST COMPANY INTERNATIONAL, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI99.1%
Pension & Profit Sharing Plans0.78%
Charitable Organizations0.12%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

New World Advisors LLC is an independent, SEC-registered investment adviser organized as a limited liability company and registered in 2018. The firm describes itself as a capital allocator that serves individual and family clients, operating on both percentage-of-assets and fixed-fee schedules. It is owned by a domestic entity/individual and positions its offering around personalized wealth management rather than multi-state or institutional-only solutions. Advisory capabilities include comprehensive financial planning and discretionary portfolio management for individuals, small businesses, and other business or institutional clients. The firm also provides pension consulting-related services and performs manager selection, consistent with its role as a capital allocator that partners with outside managers as part of client solutions. New World Advisors does not identify as an active ESG investor.