Wealth manager, independent · Needham, MA
Beaumont Financial Partners
Beaumont Financial Advisors, LLC · SEC-registered investment adviser · CRD 322925 · SEC 801-126715
At a glance
Beaumont Financial Partners is an SEC-registered investment adviser based in Needham, Massachusetts, with $3.8B in regulatory assets under management as of its Form ADV filed March 24, 2026. It reports 1,898 individual clients, 345 of them high-net-worth, holding an average of about $1.5 million each, and 24 employees. That ranks it 294th among the nation’s 5,657 independent wealth management RIAs and 22nd of 202 in Massachusetts. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 781-400-2800bfpartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.8B
- Rank among independent wealth managers
- #294 of 5,657
- Rank among all SEC RIAs
- #2,503 of 17,210
- Rank in Massachusetts
- #22 of 202
- Individual clients
- 1,898
- High-net-worth clients
- 345
- Accounts
- 4,286
- Discretionary
- 73% of AUM
- Employees
- 24
- Advisory staff
- 15
- Offices
- 4
Owners and executives on its Form ADV
- Edward F. HurleyChief Financial Officer
- Michael H. SnyderChief Compliance Officer
- Thomas J. CahillDirector of Wealth Management
- Philip J. DubuqueCo-Chief Investment Officer
- Brandon G. BeauvaisCo-Chief Investment Officer
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It reports a broker-dealer among its affiliates on Form ADV.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 345 | $1.5B | 39% |
| Individuals | 1,553 | $1.4B | 36% |
| Corporations or other businesses | 6 | $878M | 23% |
| Charitable organizations | 6 | $37M | <1% |
Disciplinary disclosures
Beaumont Financial Partners reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗bfpartners.com ↗
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The full record on Beaumont Financial Partners
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 3 years of filings
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- Growth over one, three and five years
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- Rank against 1,091 peers of its type and size
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- Main office, fax and compliance officer
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Massachusetts
All of Massachusetts →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Reynders, McVeigh Capital Management, LLCBoston | $4.2B | 704 |
| Castle Rock Advisors LLCBoston | $3.9B | 37 |
| St. Germain Investment ManagementSpringfield | $3.8B | 6,461 |
| Howland Capital Management LLCBoston | $3.7B | 1,270 |
| SVB WealthBoston | $3.1B | 1,024 |
| Birch Hill Investment Advisors LLCBoston | $2.9B | 182 |
Background
Questions
How much does Beaumont Financial Partners manage?
Beaumont Financial Partners reports $3.8B in regulatory assets under management across 4,286 accounts, 73% of it on a discretionary basis, on its Form ADV filed March 24, 2026.
How many clients does Beaumont Financial Partners have?
It reports 1,898 individual clients: 345 high-net-worth individuals and 1,553 other individuals. Individuals account for about 76% of its regulatory assets.
Where is Beaumont Financial Partners headquartered?
Its main office is in Needham, Massachusetts. It reports 4 offices in total and 24 employees, 15 of whom perform investment advisory functions.
How does Beaumont Financial Partners charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Beaumont Financial Partners use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 24, 2026, it reports these amounts held: Fidelity ($1.8B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Beaumont Financial Partners a hybrid RIA with a broker-dealer?
It reports a broker-dealer among its affiliates on Form ADV.
Is Beaumont Financial Partners a fiduciary?
As an SEC-registered investment adviser, Beaumont Financial Partners owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Beaumont Financial Partners’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →