{ "crd_number": 322925, "slug": "beaumont-financial-partners-needham-ma-322925", "primary_business_name": "BEAUMONT FINANCIAL PARTNERS", "legal_name": "BEAUMONT FINANCIAL ADVISORS, LLC", "dbas": [], "city": "Needham", "state": "MA", "country": "United States", "cbsa_code": "14460", "metro": { "cbsa_code": "14460", "common_name": "Boston", "msa_name": "Boston-Cambridge-Newton, MA-NH", "path": "/advisors/ma/boston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2022-10-26", "years_registered": 3, "period": "2026-10-01", "filing_date": "2026-03-24", "carried_forward": false, "raum_total": 3758573501.0, "raum_discretionary": 2737078719.0, "raum_non_discretionary": 1021494782.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 24, "advisory_employees": 15, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 36955297.0, "count": 6 }, "individuals": { "raum": 1360302318.0, "count": 1553 }, "high_net_worth_individuals": { "raum": 1482920430.0, "count": 345 }, "corporations_other_businesses": { "raum": 878395456.0, "count": 6 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "other", "pension_consulting", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AL", "AZ", "CA", "CO", "CT", "DC", "FL", "GA", "IA", "IL", "IN", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "NC", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "RI", "SC", "TN", "TX", "VA", "VT", "WA", "WI", "WV" ], "websites": [ "https://bfpartners.com", "https://focusfinancialpartners.com", "https://linkedin.com/COMPANY/4991569", "https://linkedin.com/company/focus-financial-partners", "https://twitter.com/focusfinancial" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/322925", "city_as_filed": "NEEDHAM", "url": "https://advisorcensus.com/firm/beaumont-financial-partners-needham-ma-322925", "display_name": "Beaumont Financial Partners", "summary": "Beaumont Financial Partners is an SEC-registered investment advisory firm in Needham, MA, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.", "citation": "AdvisorCensus. Beaumont Financial Partners (CRD 322925): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients", "Pension consulting services", "Selection of other advisers (including private fund managers)", "Other" ], "quick_answers": [ { "q": "How is Beaumont Financial Partners compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Beaumont Financial Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Beaumont Financial Partners located?", "a": "Beaumont Financial Partners' principal office is in Needham, MA, according to its Form ADV; the April 2026 filing also lists 3 other offices (Schedule D, Section 1.F)." }, { "q": "Is Beaumont Financial Partners registered with the SEC or a state?", "a": "Beaumont Financial Partners is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 322925." }, { "q": "How much does Beaumont Financial Partners manage?", "a": "Beaumont Financial Partners reports $3,758,573,501 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (73% discretionary)." }, { "q": "How have Beaumont Financial Partners' assets and staff changed since 2023?", "a": "In the Form ADV data for Beaumont Financial Partners: Regulatory assets under management: $2,726,496,078 in the October 2023 data and $3,758,573,501 in the October 2026 data, up 38%. Total employees: 25 in October 2023 and 24 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Beaumont Financial Partners serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,553); high net worth individuals (345); charitable organizations (6)." }, { "q": "Which custodians does Beaumont Financial Partners use?", "a": "Beaumont Financial Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Beaumont Financial Partners report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/322925" }, { "q": "What changed in Beaumont Financial Partners' recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 14 to 15. Regulatory assets under management went from $3,377,274,255 to $3,758,573,501 (+11%). Added an office in The Woodlands, TX. Added an office in Washington, DC. Registered or notice-filed in AL, NV, OR, WV. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2023-10-01", "regulatory_assets_under_management": 2726496078.0, "total_employees": 25, "filing_date": "2023-09-15" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2960441587.0, "total_employees": 23, "filing_date": "2024-08-26" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3377274255.0, "total_employees": 23, "filing_date": "2025-03-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3758573501.0, "total_employees": 24, "filing_date": "2026-03-24" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 14 to 15.", "Regulatory assets under management went from $3,377,274,255 to $3,758,573,501 (+11%).", "Added an office in The Woodlands, TX.", "Added an office in Washington, DC.", "Registered or notice-filed in AL, NV, OR, WV.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Fidelity", "name_as_filed": "FIDELITY", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/beaumont-financial-partners-needham-ma-322925.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 1553, "fewer_than_5": false, "raum": 1360302318.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 345, "fewer_than_5": false, "raum": 1482920430.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 6, "fewer_than_5": false, "raum": 36955297.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 6, "fewer_than_5": false, "raum": 878395456.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/322925", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }