Wealth manager, independent · Wellesley, MA
New England Private Wealth Advisors, LLC
SEC-registered investment adviser · CRD 133790 · SEC 801-63830
At a glance
New England Private Wealth Advisors, LLC is an SEC-registered investment adviser based in Wellesley, Massachusetts, with $5.1B in regulatory assets under management as of its Form ADV filed March 27, 2026. It reports 376 individual clients, 338 of them high-net-worth, holding an average of about $8.2 million each, and 21 employees. That ranks it 211th among the nation’s 5,657 independent wealth management RIAs and 17th of 202 in Massachusetts. It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab.
Main office 781-416-1700nepwealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $5.1B
- Rank among independent wealth managers
- #211 of 5,657
- Rank among all SEC RIAs
- #2,074 of 17,210
- Rank in Massachusetts
- #17 of 202
- Individual clients
- 376
- High-net-worth clients
- 338
- Accounts
- 3,111
- Discretionary
- 75% of AUM
- Employees
- 21
- Advisory staff
- 10
- Offices
- 3
Owners and executives on its Form ADV
- Ira G. RapaportChief Executive Officer
- Melissa G. BoccaciPresident/senior Financial Advisor/chief Compliance Officer
- Matthew S. MaclachlanChief Operating Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
New England Private Wealth Advisors, LLC 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 | 338 | $3.0B | 60% |
| Charitable organizations | 58 | $1.9B | 37% |
| Pension and profit sharing plans | – | $134M | 3% |
| Individuals | 38 | $25M | <1% |
| Corporations or other businesses | – | $6M | <1% |
Disciplinary disclosures
New England Private Wealth Advisors, LLC 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
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗nepwealth.com ↗
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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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- Main office, fax and compliance officer
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Similar-size RIAs in Massachusetts
All of Massachusetts →| Firm | Regulatory AUM | Clients |
|---|---|---|
| The Bollard Group LLCBoston | $6.7B | 14 |
| Grimes & CompanyWestborough | $6.3B | 3,660 |
| GC Wealth Management RIA, LLCCambridge | $5.8B | 247 |
| Twin Focus Capital Partners, LLCBoston | $4.6B | 75 |
| Reynders, McVeigh Capital Management, LLCBoston | $4.2B | 704 |
| Castle Rock Advisors LLCBoston | $3.9B | 37 |
Background
Questions
How much does New England Private Wealth Advisors, LLC manage?
New England Private Wealth Advisors, LLC reports $5.1B in regulatory assets under management across 3,111 accounts, 75% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
How many clients does New England Private Wealth Advisors, LLC have?
It reports 376 individual clients: 338 high-net-worth individuals and 38 other individuals. Individuals account for about 60% of its regulatory assets.
Where is New England Private Wealth Advisors, LLC headquartered?
Its main office is in Wellesley, Massachusetts. It reports 3 offices in total and 21 employees, 10 of whom perform investment advisory functions.
How does New England Private Wealth Advisors, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; 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 New England Private Wealth Advisors, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab. On Schedule D of its Form ADV filed March 27, 2026, it reports these amounts held: Fidelity ($2.1B); Charles Schwab ($1.9B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is New England Private Wealth Advisors, LLC a hybrid RIA with a broker-dealer?
New England Private Wealth Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is New England Private Wealth Advisors, LLC a fiduciary?
As an SEC-registered investment adviser, New England Private Wealth Advisors, LLC 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 New England Private Wealth Advisors, LLC’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 (2026-03-27), 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 →