Asset manager · Boston, MA
New Frontier Advisors, LLC
SEC-registered investment adviser · CRD 147181 · SEC 801-72506
At a glance
New Frontier Advisors, LLC is an SEC-registered investment adviser based in Boston, Massachusetts, with $4.0 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is other investment advisers, and it reports 117 individual clients. By Form ADV it is a asset manager, ranked 776th of 3,218 asset managers and 2,415th of 17,210 SEC-registered advisers by assets.
Main office 617-482-1433newfrontieradvisors.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $4.0B
- Rank among asset managers
- #776 of 3,218
- Rank among all SEC RIAs
- #2,415 of 17,210
- Rank in Massachusetts
- #163 of 627
- Individual clients
- 117
- High-net-worth clients
- 31
- Accounts
- 282
- Discretionary
- 3% of AUM
- Employees
- 16
- Advisory staff
- 4
- Offices
- 1
Owners and executives on its Form ADV
- Richard O. MichaudManager, President and Chairman (and Sole Trustee of Richard Michaud 2017 Trust)
- Robert O. MichaudManager, Chief Investment Officer
- David N. EschChief of Research & Development
- Theresa A. MullerChief Compliance Officer
- Abigail R. GabrielseChief Operations Officer
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Other investment advisers | 3 | $3.9B | 97% |
| Individuals | 86 | $70M | 2% |
| High-net-worth individuals | 31 | $39M | <1% |
| Corporations or other businesses | 2 | $1M | <1% |
Disciplinary disclosures
New Frontier Advisors, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗newfrontieradvisors.com ↗
AtlasMembers
The full record on New Frontier Advisors, LLC
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 751 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
- Locked
- 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.
Background
Questions
How much does New Frontier Advisors, LLC manage?
New Frontier Advisors, LLC reports $4.0 billion in regulatory assets under management across 282 accounts, 3% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is New Frontier Advisors, LLC?
New Frontier Advisors, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are New Frontier Advisors, LLC’s clients?
By assets, its largest client types are other investment advisers ($3.9 billion, 3 clients); individuals ($70 million, 86 clients); high-net-worth individuals ($39 million, 31 clients).
Does New Frontier Advisors, LLC have any disciplinary history?
New Frontier Advisors, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is New Frontier 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 (2026-03-31), 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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →