# Claro Advisors Inc.

> Claro Advisors Inc. is an SEC-registered investment advisory firm in Boston, MA, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 27, 2026.

- CRD: 160294
- Filed as: CLARO ADVISORS INC.
- Also doing business as: LITCHFIELD FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: July 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160294
- AdvisorCensus page: https://advisorcensus.com/firm/claro-advisors-inc-boston-ma-160294

## Quick answers

**How is Claro Advisors Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Claro Advisors Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**What does Claro Advisors Inc.'s brochure say about its fees?**
Its Form ADV Part 2A brochure dated July 27, 2026 states: Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Claro Advisors Inc. located?**
Claro Advisors Inc.'s principal office is in Boston, MA, according to its Form ADV; the August 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Claro Advisors Inc. registered with the SEC or a state?**
Claro Advisors Inc. is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 160294.

**How much does Claro Advisors Inc. manage?**
Claro Advisors Inc. reports $1,407,659,698 in regulatory assets under management in its Form ADV filing dated July 27, 2026 (98% discretionary).

**How have Claro Advisors Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Claro Advisors Inc.: Regulatory assets under management: $588,342,547 in the October 2021 data and $1,407,659,698 in the October 2026 data, up 139%. Total employees: 15 in October 2021 and 37 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Claro Advisors Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (730); high net worth individuals (362); pension and profit sharing plans (but not the plan participants or government pension plans) (14).

**Which custodians does Claro Advisors Inc. use?**
Claro Advisors Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Claro Advisors 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/160294

**Does Claro Advisors Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated July 27, 2026 says: "Claro generally does not impose a minimum account size for establishing a relationship."

**What changed in Claro Advisors Inc.'s recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated July 27, 2026)

- Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)

> Claro charges an annual investment advisory fee ranging from 0.50% to 1.50% of assets under management, depending on the scope of services, complexity of the relationship, level of assets to be managed, portfolio restrictions, reporting requirements, and overall relationship with the Advisor.

- Account minimum: None

> Claro generally does not impose a minimum account size for establishing a relationship.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- 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: $1,407,659,698
- Discretionary: $1,376,745,142
- Non-discretionary: $30,914,556

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 730 | $271,293,297 |
| High net worth individuals | 362 | $941,213,592 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 14 | $29,218,591 |
| Charitable organizations | 7 | $11,763,581 |
| Corporations or other businesses not listed above | 10 | $154,170,637 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2014 (11 years)
- Employees: 37 total, 18 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, FL, GA, IL, LA, MA, MD, ME, NC, NH, NJ, NY, OH, PA, RI, SC, TX, VA, VT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Dedham, MA
- Hingham, MA
- Narragansett, RI
- Worcester, MA

### Websites listed on Form ADV (Item 1.I)
- claroadvisors.com
- claroadvisorspatrickmcnamara.com
- jimabbottclaroadvisors.com
- ndvr.com
- paullitchfield.claroadvisors.com
- structurednotes.com
- substack.com/@lukeharder
- taxsavingstrategies.com
- Facebook @CLAROADVISORS
- Facebook @NDVR-Wealth-Optimization-333968334119363
- Facebook @NDVRCapital
- Facebook @NDVRFinance
- Facebook @NDVRFinancial
- Facebook @NDVRInc
- Facebook @NDVRWealth
- Facebook @mcnamaraclaro
- Instagram @ndvr_capital
- Instagram @ndvr_finance
- Instagram @ndvr_financial
- Instagram @ndvr_wealth
- Instagram @ndvr_wealth_management
- Instagram @ndvr_wealth_optimization
- Instagram @ndvrcapital
- Instagram @ndvrfinance
- Instagram @ndvrfinancial
- Instagram @ndvrwealth
- Instagram @ndvrwealthmanagement
- Instagram @ndvrwealthmgmt
- Instagram @ndvrwealthoptimization
- LinkedIn @claro-advisors-llc-
- LinkedIn @ndevr-wealth-optimization
- LinkedIn @ndvr-capital
- LinkedIn @ndvr-finance
- LinkedIn @ndvr-financial
- LinkedIn @ndvr-inc
- LinkedIn @ndvr-wealth
- LinkedIn @ndvr-wealth-management
- LinkedIn @ndvr-wealth-optimization
- Threads @ndvrwealthoptimization
- X @NDVRFinance
- X @NDVRinvest
- X @NdvrCapital
- X @NdvrWealth
- X @Wealthoptimiza1
- X @ndvr_inc
- X @ndvrcorp
- X @ndvrfinancial
- X @ndvrwealthmgmt
- YouTube @brandonp.finkcfp3658
- YouTube @claroadvisors2542
- YouTube @claroadvisors724
- YouTube @claroadvisors9148
- YouTube @UCtFkREU2Aq-DwacdkUfaUaA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $588,342,547 | 15 | September 17, 2021 |
| October 2022 | $762,994,415 | 18 | April 6, 2022 |
| October 2023 | $787,343,184 | 22 | September 14, 2023 |
| October 2024 | $1,019,639,439 | 22 | July 25, 2024 |
| October 2025 | $1,283,968,973 | 22 | July 1, 2025 |
| October 2026 | $1,407,659,698 | 37 | July 27, 2026 |

Regulatory assets under management: $588,342,547 in the October 2021 data and $1,407,659,698 in the October 2026 data, up 139%.
Total employees: 15 in October 2021 and 37 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### July 2026
- Registered or notice-filed in CO.

### April 2026
- Employees performing advisory functions went from 16 to 18.

### February 2026
- Registered or notice-filed in MD.

### December 2025
- Changed its legal name from Claro Advisors LLC to Claro Advisors Inc..
- Registered or notice-filed in SC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Claro Advisors Inc. (CRD 160294): Form ADV filing data as of October 2026.