# Boston Research and Management, Inc.

> Boston Research and Management, Inc. is an SEC-registered investment advisory firm in Manchester, MA, registered since 1991, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 107643
- Filed as: BOSTON RESEARCH AND MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Manchester, MA
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107643
- AdvisorCensus page: https://advisorcensus.com/firm/boston-research-and-management-inc-manchester-ma-107643

## Quick answers

**How is Boston Research and Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Boston Research and Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**Where is Boston Research and Management, Inc. located?**
Boston Research and Management, Inc.'s principal office is in Manchester, MA, according to its Form ADV.

**Is Boston Research and Management, Inc. registered with the SEC or a state?**
Boston Research and Management, Inc. is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 107643.

**How much does Boston Research and Management, Inc. manage?**
Boston Research and Management, Inc. reports $676,187,250 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Boston Research and Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Boston Research and Management, Inc.: Regulatory assets under management: $481,763,335 in the October 2021 data and $676,187,250 in the October 2026 data, up 40%. Total employees: 8 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Boston Research and Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (88); individuals (other than high net worth individuals) (36).

**Which custodians does Boston Research and Management, Inc. use?**
Boston Research and Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Boston Research and Management, Inc. report any disciplinary disclosures?**
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/107643

**Does Boston Research and Management, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 25, 2026 says: "We generally require a minimum relationship size of $1,000,000 to open an account but reserve the right to accept relationships with lesser amounts at our own discretion."

**What changed in Boston Research and Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 6.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> We generally require a minimum relationship size of $1,000,000 to open an account but reserve the right to accept relationships with lesser amounts at our own discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $676,187,250
- Discretionary: $676,187,250
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 36 | $18,550,123 |
| High net worth individuals | 88 | $654,972,181 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $388,138 |
| Charitable organizations | Fewer than 5 | $1,042,578 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | Fewer than 5 | $1,234,230 |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 1991 (35 years)
- Employees: 8 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, LA, MA, ME, NH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [bostonrm.com](https://bostonrm.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $481,763,335 | 8 | March 29, 2021 |
| October 2022 | $548,310,400 | 8 | March 31, 2022 |
| October 2023 | $502,662,165 | 8 | March 29, 2023 |
| October 2024 | $582,073,860 | 8 | March 28, 2024 |
| October 2025 | $627,077,384 | 7 | January 23, 2025 |
| October 2026 | $676,187,250 | 8 | March 25, 2026 |

Regulatory assets under management: $481,763,335 in the October 2021 data and $676,187,250 in the October 2026 data, up 40%.
Total employees: 8 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 6.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Boston Research and Management, Inc. (CRD 107643): Form ADV filing data as of October 2026.