{ "crd_number": 129987, "slug": "finer-wealth-management-inc-salem-ma-129987", "primary_business_name": "FINER WEALTH MANAGEMENT, INC.", "legal_name": "FINER WEALTH MANAGEMENT, INC.", "dbas": [], "city": "Salem", "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": "2021-07-20", "years_registered": 5, "period": "2026-10-01", "filing_date": "2026-07-02", "carried_forward": false, "raum_total": 305764188.0, "raum_discretionary": 305764188.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 7, "advisory_employees": 2, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 4234533.0, "count": 7 }, "individuals": { "raum": 50461074.0, "count": 135 }, "high_net_worth_individuals": { "raum": 243053959.0, "count": 78 }, "corporations_other_businesses": { "raum": 8014622.0, "count": 57 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "other", "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AZ", "CA", "CO", "FL", "MA", "NH", "PA", "TX", "VT" ], "websites": [ "https://facebook.com/finerwealth", "https://finer.com", "https://finertaxes.com", "https://finerwealth.com", "https://linkedin.com/company/finer-wealth-management", "https://twitter.com/Finer_", "https://twitter.com/finerwealth", "https://yelp.com/biz/finer-wealth-management-salem-2", "https://youtube.com/@finerwealth1866" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/129987", "city_as_filed": "SALEM", "url": "https://advisorcensus.com/firm/finer-wealth-management-inc-salem-ma-129987", "display_name": "Finer Wealth Management, Inc.", "summary": "Finer Wealth Management, Inc. is an SEC-registered investment advisory firm in Salem, MA, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 2, 2026.", "citation": "AdvisorCensus. Finer Wealth Management, Inc. (CRD 129987): 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", "Other" ], "quick_answers": [ { "q": "How is Finer Wealth Management, Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Finer Wealth Management, Inc. 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 Finer Wealth Management, Inc. located?", "a": "Finer Wealth Management, Inc.'s principal office is in Salem, MA, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Finer Wealth Management, Inc. registered with the SEC or a state?", "a": "Finer Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 129987." }, { "q": "How much does Finer Wealth Management, Inc. manage?", "a": "Finer Wealth Management, Inc. reports $305,764,188 in regulatory assets under management in its Form ADV filing dated July 2, 2026 (100% discretionary)." }, { "q": "How have Finer Wealth Management, Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Finer Wealth Management, Inc.: Regulatory assets under management: $131,986,603 in the October 2021 data and $305,764,188 in the October 2026 data, up 132%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Finer Wealth Management, Inc. serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (135); high net worth individuals (78); corporations or other businesses not listed above (57)." }, { "q": "Which custodians does Finer Wealth Management, Inc. use?", "a": "Finer Wealth Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Finer Wealth Management, Inc. 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/129987" }, { "q": "What changed in Finer Wealth Management, Inc.'s recent Form ADV filings?", "a": "In the August 2026 filing data: Registered or notice-filed in CO." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 131986603.0, "total_employees": 5, "filing_date": "2021-06-16" }, { "period": "2022-10-01", "regulatory_assets_under_management": 163871463.0, "total_employees": 7, "filing_date": "2022-03-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 166301535.0, "total_employees": 9, "filing_date": "2023-03-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 210096944.0, "total_employees": 8, "filing_date": "2024-03-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 249678933.0, "total_employees": 5, "filing_date": "2025-03-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 305764188.0, "total_employees": 7, "filing_date": "2026-07-02" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Registered or notice-filed in CO." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $249,678,933 to $305,764,188 (+22%)." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Registered or notice-filed in CA, PA." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "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/finer-wealth-management-inc-salem-ma-129987.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 135, "fewer_than_5": false, "raum": 50461074.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 78, "fewer_than_5": false, "raum": 243053959.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 7, "fewer_than_5": false, "raum": 4234533.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 57, "fewer_than_5": false, "raum": 8014622.0 } ], "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/129987", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }