Massachusetts Wealth Management, LLC
Firm details
- Headquarters
- North Andover, Massachusetts
- CRD number
- 160235
- Registered since
- November 29, 2017
- Website
- masswealth.com
- Custodians
- NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC., UBS FINANCIAL SERVICES INC.
- Fee structure
- Percentage of AUM
- Client types
- HNWI67.91%
- Individuals27.29%
- Charitable Organizations3.49%
- Pension & Profit Sharing Plans1.3%
- Services
- Portfolio Management for Individuals
Firm profile
FINTRXOverview
Massachusetts Wealth Management, LLC is a privately owned LLC that has been SEC-registered since 2017 and serves individual and family clients. Its core advisory activity is portfolio management for individuals and small businesses, and it charges fees based on a percentage of assets under management. The firm identifies as an active ESG investor, and its operating profile is focused on discretionary wealth management rather than multi-state or institutional consulting engagements. The firm’s ownership is individual, and its regulatory classification is listed as unclassified. Its business model emphasizes direct portfolio management for private clients rather than operating as a capital allocator or running related advisory enterprises.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities72%
- Cash & Cash Equivalents15%
- Investment Grade Corp Bonds10%
- US Government Bonds2%
- State & Local Bonds1%
Contacts
2 of 2Samuel Conte
PresidentCRD 2341015
Kaitlyn O'neill
Assistant Vice PresidentCRD 6814503
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 38Active vs passive
$145M in ETFs
90%
$131M
10%
$14M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| JPMORGAN ULTRA-SHORT INCOME ETF (JPST) | JP Morgan | Active | Ultrashort Bond | $14M | 277,545 | 9.71% |
Location
North Andover, MA
Essex
Location
North Andover, MA
Headquartered in North Andover, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.
- Metro area
- Boston-Worcester-Providence, MA-RI-NH-CT
- Region
- Northeast
- County
- Essex
- Address
- 807 Turnpike St
- Time zone
- ET (UTC-5)
- Office locations
Similar firms
Flying Point Financial, Inc.
RIANorth Andover, MA
Needham Advisory Corporation
RIANorth Andover, MA
Connolly Financial Advisors, Inc.
RIANorth Andover, MA
Demers Financial Planning
RIANorth Andover, MA
Rootson Capital LLC
RIANorth Andover, MA
French And Skloff Investment Advisors, LLC
RIANorth Andover, MA