{
  "crd_number": 160235,
  "slug": "massachusetts-wealth-management-llc-north-andover-ma-160235",
  "primary_business_name": "MASSACHUSETTS WEALTH MANAGEMENT, LLC",
  "legal_name": "MASSACHUSETTS WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "North Andover",
  "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": "2017-11-29",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 301486276.0,
  "raum_discretionary": 301486276.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 10534142.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 82273951.0,
      "count": 230
    },
    "pension_profit_sharing": {
      "raum": 3932515.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 204745668.0,
      "count": 94
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MA",
    "NH"
  ],
  "websites": [
    "https://masswealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160235",
  "city_as_filed": "NORTH ANDOVER",
  "url": "https://advisorcensus.com/firm/massachusetts-wealth-management-llc-north-andover-ma-160235",
  "display_name": "Massachusetts Wealth Management, LLC",
  "summary": "Massachusetts Wealth Management, LLC is an SEC-registered investment advisory firm in North Andover, MA, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.",
  "citation": "AdvisorCensus. Massachusetts Wealth Management, LLC (CRD 160235): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Massachusetts Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Massachusetts Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Massachusetts Wealth Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 24, 2026 states: Up to $4,000,000: 1% a year; $4,000,000 to $10,000,000: 0.75% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Massachusetts Wealth Management, LLC located?",
      "a": "Massachusetts Wealth Management, LLC's principal office is in North Andover, MA, according to its Form ADV."
    },
    {
      "q": "Is Massachusetts Wealth Management, LLC registered with the SEC or a state?",
      "a": "Massachusetts Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 160235."
    },
    {
      "q": "How much does Massachusetts Wealth Management, LLC manage?",
      "a": "Massachusetts Wealth Management, LLC reports $301,486,276 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Massachusetts Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Massachusetts Wealth Management, LLC: Regulatory assets under management: $145,494,239 in the October 2021 data and $301,486,276 in the October 2026 data, up 107%. Total employees: 2 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Massachusetts Wealth Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (230); high net worth individuals (94)."
    },
    {
      "q": "Which custodians does Massachusetts Wealth Management, LLC use?",
      "a": "Massachusetts Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., National Financial Services LLC and UBS Financial Services Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Massachusetts Wealth Management, 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/160235"
    },
    {
      "q": "What changed in Massachusetts Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $251,566,597 to $301,486,276 (+20%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 145494239.0,
      "total_employees": 2,
      "filing_date": "2021-03-04"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 175272700.0,
      "total_employees": 2,
      "filing_date": "2022-03-10"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 200717513.0,
      "total_employees": 3,
      "filing_date": "2023-04-19"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 227471892.0,
      "total_employees": 3,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 251566597.0,
      "total_employees": 3,
      "filing_date": "2025-02-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 301486276.0,
      "total_employees": 3,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $251,566,597 to $301,486,276 (+20%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 24, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $4,000,000",
        "rate": "1%"
      },
      {
        "band": "$4,000,000 to $10,000,000",
        "rate": "0.75%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $4,000,000: 1% a year",
          "$4,000,000 to $10,000,000: 0.75% a year",
          "Above $10,000,000: 0.5% a year"
        ],
        "quotes": [
          "The annual fee for the Firm’s Discretionary Investment Management Services is charged as a percentage of assets under management (“AUM”) according to the graduated fee table below.",
          "Less than $4 million 1.00% $4,000,000 - $10,000000 0.75% Over $10 million 0.50%"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 4000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 4000000.0,
          "max": 10000000.0,
          "rate_pct": 0.75
        },
        {
          "min": 10000000.0,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The annual fee for the Firm’s Discretionary Investment Management Services is charged as a percentage of assets under management (“AUM”) according to the graduated fee table below.",
      "Less than $4 million 1.00% $4,000,000 - $10,000000 0.75% Over $10 million 0.50%"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "UBS Financial Services Inc.",
      "name_as_filed": "UBS FINANCIAL SERVICES 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/massachusetts-wealth-management-llc-north-andover-ma-160235.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 230,
      "fewer_than_5": false,
      "raum": 82273951.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 94,
      "fewer_than_5": false,
      "raum": 204745668.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 3932515.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 10534142.0
    }
  ],
  "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/160235",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}