{
  "crd_number": 156698,
  "slug": "centerpoint-advisors-llc-needham-ma-156698",
  "primary_business_name": "CENTERPOINT ADVISORS, LLC",
  "legal_name": "CENTERPOINT 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": "2011-07-26",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 731903710.0,
  "raum_discretionary": 731903710.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 12,
  "advisory_employees": 7,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 2863942.0,
      "count": 1
    },
    "individuals": {
      "raum": 65502714.0,
      "count": 297
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 158915.0,
      "count": 3
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 663378139.0,
      "count": 201
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CT",
    "FL",
    "MA",
    "NH",
    "NY",
    "TX"
  ],
  "websites": [
    "https://centerpointadvisors.net",
    "https://linkedin.com/COMPANY/CENTERPOINT-ADVISORS-LLC"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/156698",
  "city_as_filed": "NEEDHAM",
  "url": "https://advisorcensus.com/firm/centerpoint-advisors-llc-needham-ma-156698",
  "display_name": "Centerpoint Advisors, LLC",
  "summary": "Centerpoint Advisors, LLC is an SEC-registered investment advisory firm in Needham, MA, registered since 2011, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Centerpoint Advisors, LLC (CRD 156698): 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"
  ],
  "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"
  ],
  "quick_answers": [
    {
      "q": "How is Centerpoint Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Centerpoint Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "How much does Centerpoint Advisors, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.4% to 1.5% a year (a range, as the brochure states it); Hourly rate: $350 to $400 an hour (financial planning services); Hourly rate: $350 to $400 an hour (family office and/or consulting functions). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Centerpoint Advisors, LLC located?",
      "a": "Centerpoint Advisors, LLC's principal office is in Needham, MA, according to its Form ADV."
    },
    {
      "q": "Is Centerpoint Advisors, LLC registered with the SEC or a state?",
      "a": "Centerpoint Advisors, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 156698."
    },
    {
      "q": "How much does Centerpoint Advisors, LLC manage?",
      "a": "Centerpoint Advisors, LLC reports $731,903,710 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Centerpoint Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Centerpoint Advisors, LLC: Regulatory assets under management: $425,776,037 in the October 2021 data and $731,903,710 in the October 2026 data, up 72%. Total employees: 12 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Centerpoint Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (297); high net worth individuals (201); pension and profit sharing plans (but not the plan participants or government pension plans) (3)."
    },
    {
      "q": "Which custodians does Centerpoint Advisors, LLC use?",
      "a": "Centerpoint Advisors, LLC'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."
    },
    {
      "q": "Does Centerpoint Advisors, LLC 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/156698"
    },
    {
      "q": "What changed in Centerpoint Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 7."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 425776037.0,
      "total_employees": 12,
      "filing_date": "2021-09-27"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 560471812.0,
      "total_employees": 12,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 520208285.0,
      "total_employees": 12,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 605026533.0,
      "total_employees": 13,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 687679354.0,
      "total_employees": 13,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 731903710.0,
      "total_employees": 12,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 8 to 7."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.4% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$30,000",
    "planning_fees": [
      "Hourly rate: $350 to $400 an hour (financial planning services)",
      "Hourly rate: $350 to $400 an hour (family office and/or consulting functions)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.4% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Subject to a minimum fee as explained below, the annual fee varies between 0.40% to 1.50%."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $30,000"
        ],
        "quotes": [
          "As a condition for starting and maintaining a relationship, Centerpoint generally imposes a minimum annual fee of $30,000.",
          "Centerpoint, in its sole discretion, may waive its minimum annual fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $350 to $400 an hour (financial planning services)"
        ],
        "quotes": [
          "These fees are negotiable, but generally range from $350 to $400 on an hourly rate basis or $3 ,500 to $10,000 on a flat fee basis, depending upon the level and scope of the services"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $350 to $400 an hour (family office and/or consulting functions)"
        ],
        "quotes": [
          "The hourly rate is negotiable, but generally ranges from $350.00 to $400.00 per hour.  This fee is largely determined by the level and scope of the services and the professional engaged"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.4,
        1.5
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": 30000.0,
      "planning": [
        {
          "kind": "hourly",
          "amount": null,
          "min": 350.0,
          "max": 400.0,
          "period": "hour",
          "service": "financial planning services"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 350.0,
          "max": 400.0,
          "period": "hour",
          "service": "family office and/or consulting functions"
        }
      ]
    },
    "quotes": [
      "Subject to a minimum fee as explained below, the annual fee varies between 0.40% to 1.50%.",
      "As a condition for starting and maintaining a relationship, Centerpoint generally imposes a minimum annual fee of $30,000.",
      "Centerpoint, in its sole discretion, may waive its minimum annual fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities.",
      "These fees are negotiable, but generally range from $350 to $400 on an hourly rate basis or $3 ,500 to $10,000 on a flat fee basis, depending upon the level and scope of the services",
      "The hourly rate is negotiable, but generally ranges from $350.00 to $400.00 per hour.  This fee is largely determined by the level and scope of the services and the professional engaged"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "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/centerpoint-advisors-llc-needham-ma-156698.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 297,
      "fewer_than_5": false,
      "raum": 65502714.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 201,
      "fewer_than_5": false,
      "raum": 663378139.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 158915.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 2863942.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/156698",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}