Northeast Financial Group, Inc.

RIASEC RegisteredEst. 2013

Total AUM

$1.4B

Discretionary

$708M

49% of AUM

Avg account

$844K

Accounts

1,710

Employees

Advisory reps

Firm details

Headquarters: Allentown, Pennsylvania
CRD number: 122609
Registered since: June 14, 2013
Website: nefginc.com
Custodians: CHARLES SCHWAB & CO., INC., MATRIX SECURITIES, INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees
Client types: Pension & Profit Sharing Plans27.8%
HNWI26.59%
State / Municipal Government18.47%
Individuals10.3%
Other Investment Advisers8.39%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Northeast Financial Group, Inc. is an independent, SEC-registered advisory corporation that has been operating since 2013. The firm serves both individual/family clients and institutional accounts and positions itself as a capital allocator—blending discretionary portfolio management with advisory and selection-of-adviser services. Its advisory menu lists financial planning, portfolio management for individuals, small businesses and pooled investment vehicles, and pension consulting services. The firm also conducts insurance-brokerage activity and can act as sponsor/GP/managing member for pooled vehicles. Northeast Financial Group uses multiple fee arrangements, including percentage-of-AUM, hourly and fixed fees, and performance-based fees. It is not an active ESG investor according to the available data. The firm was listed among FA Magazine’s Top RIA Firms in 2020.