Wealth manager, independent · Beverly, MA
Cabot Wealth Management
SEC-registered investment adviser · CRD 107327 · SEC 801-19708
At a glance
Cabot Wealth Management is an SEC-registered investment adviser based in Beverly, Massachusetts, with $1.2B in regulatory assets under management as of its Form ADV filed June 25, 2026. It reports 636 individual clients, 636 of them high-net-worth, holding an average of about $1.9 million each, and 16 employees. That ranks it 904th among the nation’s 5,657 independent wealth management RIAs and 43rd of 202 in Massachusetts. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 978-745-9233ecabot.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.2B
- Rank among independent wealth managers
- #904 of 5,657
- Rank among all SEC RIAs
- #4,819 of 17,210
- Rank in Massachusetts
- #43 of 202
- Individual clients
- 636
- High-net-worth clients
- 636
- Accounts
- 1,815
- Discretionary
- 100% of AUM
- Employees
- 16
- Advisory staff
- 8
- Offices
- 1
Owners and executives on its Form ADV
- Sonia L. ErnstPrincipal & Manager of Operations and Trading
- James M. GasparelloPrincipal & Senior Financial Counselor
- Gregory A StevensPrincipal, CCO
- Thomas C. VautinPrincipal
- Craig E. GorylPrincipal -- Chief Investment Offiicer
- Tyler O. SwaimAdvisor
Custody and brokerage
Broker-dealer
No broker-dealer ties
Cabot Wealth Management reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 636 | $1.2B | 98% |
| Charitable organizations | 14 | $26M | 2% |
Disciplinary disclosures
Cabot Wealth Management 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
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗ecabot.com ↗
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The full record on Cabot Wealth Management
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, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,002 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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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 |
|---|---|---|
| MSA FinancialBraintree | $1.4B | 1,324 |
| Montis Financial, LLCWaltham | $1.3B | 580 |
| Berkshire Money Management, Inc.Dalton | $1.2B | 875 |
| MG Financial LLCBraintree | $1.1B | 115 |
| Stage Harbor FinancialWestwood | $1.1B | 348 |
| Zevin Asset Management, LLCBoston | $1.0B | 558 |
Background
Questions
How much does Cabot Wealth Management manage?
Cabot Wealth Management reports $1.2B in regulatory assets under management across 1,815 accounts, 100% of it on a discretionary basis, on its Form ADV filed June 25, 2026.
How many clients does Cabot Wealth Management have?
It reports 636 individual clients: 636 high-net-worth individuals and 0 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Cabot Wealth Management headquartered?
Its main office is in Beverly, Massachusetts. It reports 1 office in total and 16 employees, 8 of whom perform investment advisory functions.
How does Cabot Wealth Management 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 Cabot Wealth Management use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed June 25, 2026, it reports these amounts held: Charles Schwab ($849M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Cabot Wealth Management a hybrid RIA with a broker-dealer?
Cabot Wealth Management reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Cabot Wealth Management a fiduciary?
As an SEC-registered investment adviser, Cabot Wealth Management 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 Cabot Wealth Management’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 (2026-06-25), 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 →