# Moors & Cabot, Inc

> Moors & Cabot, Inc is an SEC-registered investment advisory firm in Boston, MA, registered since 1995, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.

- CRD: 594
- Filed as: MOORS & CABOT, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/594
- AdvisorCensus page: https://advisorcensus.com/firm/moors-and-cabot-inc-boston-ma-594

## Quick answers

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

**Where is Moors & Cabot, Inc located?**
Moors & Cabot, Inc's principal office is in Boston, MA, according to its Form ADV; the October 2026 filing also lists 18 other offices (Schedule D, Section 1.F).

**Is Moors & Cabot, Inc registered with the SEC or a state?**
Moors & Cabot, Inc is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 594.

**How much does Moors & Cabot, Inc manage?**
Moors & Cabot, Inc reports $4,034,068,345 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (94% discretionary).

**How have Moors & Cabot, Inc's assets and staff changed since 2021?**
In the Form ADV data for Moors & Cabot, Inc: Regulatory assets under management: $2,257,962,379 in the October 2021 data and $4,034,068,345 in the October 2026 data, up 79%. Total employees: 150 in October 2021 and 121 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Moors & Cabot, Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3,032); high net worth individuals (1,889); charitable organizations (75).

**Does Moors & Cabot, Inc report any disciplinary disclosures?**
Reports 6 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/594

**Does Moors & Cabot, Inc state an account minimum?**
Its Form ADV Part 2A brochure dated September 29, 2025 says: "Moors & Cabot’s PMP generally involves a $50,000 account minimum, unless otherwise agreed to by Moors & Cabot and the client."

**What changed in Moors & Cabot, Inc's recent Form ADV filings?**
In the October 2026 filing data: Regulatory assets under management went from $3,437,764,388 to $4,034,068,345 (+17%). 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)
- Commissions

### Fees and minimums (Form ADV Part 2A brochure dated September 29, 2025)

- Account minimum: $50,000

> Moors & Cabot’s PMP generally involves a $50,000 account minimum, unless otherwise agreed to by Moors & Cabot and the client.

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

### Regulatory assets under management (Item 5.F)
- Total: $4,034,068,345
- Discretionary: $3,783,992,995
- Non-discretionary: $250,075,350

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 3,032 | $1,023,269,293 |
| High net worth individuals | 1,889 | $2,691,655,272 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 65 | $37,803,762 |
| Charitable organizations | 75 | $262,434,896 |
| Corporations or other businesses not listed above | 13 | $18,905,122 |

### 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
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1995 (31 years)
- Employees: 121 total, 85 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, AZ, CA, CO, CT, DC, FL, GA, IA, IL, IN, LA, MD, ME, MI, MN, MO, MS, MT, NC, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, VT, WA, WI
- Disclosures (Item 11): Reports 6 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/594

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Alexandria, VA
- Andover, MN
- Annapolis, MD
- Cleveland, GA
- Crestview, FL
- Englewood, FL
- Greenville, NC
- Keokuk, IA
- Lockport, NY
- Maitland, FL
- Mesa, AZ
- Naples, FL
- Phoenix, AZ
- Poland, OH
- Roswell, NM
- Springfield, MA
- Westport, CT
- Whitefish, MT

### Websites listed on Form ADV (Item 1.I)
- advicebydavid.com
- dgladvisorygroup.com
- jcgwealth.com
- moorscabot.com
- Facebook @moorsandcabot
- LinkedIn @moors-&-cabot
- X @moorsandcabot

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,257,962,379 | 150 | September 30, 2021 |
| October 2022 | $2,237,487,715 | 148 | September 27, 2022 |
| October 2023 | $2,492,384,191 | 137 | September 25, 2023 |
| October 2024 | $3,094,809,067 | 145 | September 27, 2024 |
| October 2025 | $3,094,809,067 | 145 | September 27, 2024 |
| October 2026 | $4,034,068,345 | 121 | September 30, 2026 |

Regulatory assets under management: $2,257,962,379 in the October 2021 data and $4,034,068,345 in the October 2026 data, up 79%.
Total employees: 150 in October 2021 and 121 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Regulatory assets under management went from $3,437,764,388 to $4,034,068,345 (+17%).
- Updated its list of owners and control persons (Schedule A).

### August 2026
- Registered or notice-filed in MS.

### December 2025
- Employees performing advisory functions went from 73 to 85.
- Regulatory assets under management went from $3,094,809,067 to $3,437,764,388 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Moors & Cabot, Inc (CRD 594): Form ADV filing data as of October 2026.