Wealth manager, independent · Plymouth, MA
SHP Wealth Management, LLC
SEC-registered investment adviser · CRD 174697 · SEC 801-108679
At a glance
SHP Wealth Management, LLC is an SEC-registered investment adviser based in Plymouth, Massachusetts, with $1.9B in regulatory assets under management as of its Form ADV filed September 21, 2026. It reports 2,261 individual clients, 483 of them high-net-worth, holding an average of about $0.8 million each, and 52 employees. That ranks it 584th among the nation’s 5,657 independent wealth management RIAs and 34th of 202 in Massachusetts. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 508-746-2400shpfinancial.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.9B
- Rank among independent wealth managers
- #584 of 5,657
- Rank among all SEC RIAs
- #3,729 of 17,210
- Rank in Massachusetts
- #34 of 202
- Individual clients
- 2,261
- High-net-worth clients
- 483
- Accounts
- 7,457
- Discretionary
- 94% of AUM
- Employees
- 52
- Advisory staff
- 32
- Offices
- 6
Owners and executives on its Form ADV
- Derek L. GregoireDirector/member
- Matthew C. PeckChief Compliance Officer/member
- Keith W. EllisDirector/member
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It names an affiliated broker-dealer: Kestra Investment Services, LLC.
- Kestra Investment Services, LLC ↗CRD 42046
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 483 | $1.1B | 59% |
| Individuals | 1,778 | $662M | 34% |
| Other investment advisers | 90 | $99M | 5% |
| Pension and profit sharing plans | 8 | $16M | <1% |
| Corporations or other businesses | 4 | $4M | <1% |
| Charitable organizations | 1 | $2M | <1% |
Disciplinary disclosures
SHP Wealth Management, LLC answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). 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
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Other
Form ADV and brochures on the SEC’s adviser search ↗shpfinancial.com ↗
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The full record on SHP Wealth Management, 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, 9 years of filings
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- Growth over one, three and five years
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- Rank against 2,056 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 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 |
|---|---|---|
| Foster Dykema Cabot & Partners, LLCWaltham | $2.2B | 796 |
| John Hancock Personal Financial Services, LLCBoston | $2.2B | 35,589 |
| Boston Family Office LLCBoston | $2.0B | 332 |
| TFC Financial Management IncBoston | $1.8B | 415 |
| Fiduciary Wealth Partners, LLCNewton Lower Falls | $1.5B | 109 |
| Bay Colony AdvisorsConcord | $1.4B | 2,650 |
Background
Questions
How much does SHP Wealth Management, LLC manage?
SHP Wealth Management, LLC reports $1.9B in regulatory assets under management across 7,457 accounts, 94% of it on a discretionary basis, on its Form ADV filed September 21, 2026.
How many clients does SHP Wealth Management, LLC have?
It reports 2,261 individual clients: 483 high-net-worth individuals and 1,778 other individuals. Individuals account for about 94% of its regulatory assets.
Where is SHP Wealth Management, LLC headquartered?
Its main office is in Plymouth, Massachusetts. It reports 6 offices in total and 52 employees, 32 of whom perform investment advisory functions.
How does SHP Wealth Management, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does SHP Wealth Management, LLC use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed September 21, 2026, it reports these amounts held: Fidelity ($1.9B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is SHP Wealth Management, LLC a hybrid RIA with a broker-dealer?
It names an affiliated broker-dealer: Kestra Investment Services, LLC.
Is SHP Wealth Management, LLC a fiduciary?
As an SEC-registered investment adviser, SHP Wealth Management, 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 SHP Wealth Management, 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 (2026-09-21), 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 →