{ "crd_number": 133790, "slug": "new-england-private-wealth-advisors-llc-wellesley-ma-133790", "primary_business_name": "NEW ENGLAND PRIVATE WEALTH ADVISORS, LLC", "legal_name": "NEW ENGLAND PRIVATE WEALTH ADVISORS, LLC", "dbas": [], "city": "Wellesley", "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": "2005-01-27", "years_registered": 21, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 5088194405.0, "raum_discretionary": 3806333114.0, "raum_non_discretionary": 1281861291.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 21, "advisory_employees": 10, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 1874648631.0, "count": 58 }, "individuals": { "raum": 24839597.0, "count": 38 }, "banking_thrift": { "raum": null, "count": 0 }, "state_municipal": { "raum": null, "count": 0 }, "insurance_companies": { "raum": null, "count": 0 }, "investment_companies": { "raum": null, "count": 0 }, "pension_profit_sharing": { "raum": 134326909.0, "count": null, "fewer_than_5": true }, "other_investment_advisers": { "raum": null, "count": 0 }, "high_net_worth_individuals": { "raum": 3048082011.0, "count": 338 }, "pooled_investment_vehicles": { "raum": null, "count": 0 }, "corporations_other_businesses": { "raum": 6297257.0, "count": null, "fewer_than_5": true }, "business_development_companies": { "raum": null, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": null, "count": 0 } }, "compensation_types": [ "fixed", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "pension_consulting", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "CT", "DC", "FL", "IL", "MA", "NH", "NY", "RI", "TX" ], "websites": [ "https://facebook.com/profile.php?id=61577617100150", "https://instagram.com/nepwealth", "https://linkedin.com", "https://linkedin.com/company/dhk-financial-advisors", "https://linkedin.com/company/new-england-private-wealth-advisors", "https://nepwealth.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133790", "city_as_filed": "WELLESLEY", "url": "https://advisorcensus.com/firm/new-england-private-wealth-advisors-llc-wellesley-ma-133790", "display_name": "New England Private Wealth Advisors, LLC", "summary": "New England Private Wealth Advisors, LLC is an SEC-registered investment advisory firm in Wellesley, MA, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. New England Private Wealth Advisors, LLC (CRD 133790): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "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", "Pension consulting services", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is New England Private Wealth Advisors, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), New England Private Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)." }, { "q": "Where is New England Private Wealth Advisors, LLC located?", "a": "New England Private Wealth Advisors, LLC's principal office is in Wellesley, MA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is New England Private Wealth Advisors, LLC registered with the SEC or a state?", "a": "New England Private Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 133790." }, { "q": "How much does New England Private Wealth Advisors, LLC manage?", "a": "New England Private Wealth Advisors, LLC reports $5,088,194,405 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (75% discretionary)." }, { "q": "How have New England Private Wealth Advisors, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for New England Private Wealth Advisors, LLC: Regulatory assets under management: $2,313,427,394 in the October 2021 data and $5,088,194,405 in the October 2026 data, up 120%. Total employees: 18 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does New England Private Wealth Advisors, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (338); charitable organizations (58); individuals (other than high net worth individuals) (38)." }, { "q": "Which custodians does New England Private Wealth Advisors, LLC use?", "a": "New England Private Wealth Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC (affiliated with the firm) as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does New England Private Wealth 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/133790" }, { "q": "What changed in New England Private Wealth Advisors, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $2,999,207,083 to $5,088,194,405 (+70%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2313427394.0, "total_employees": 18, "filing_date": "2021-03-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2573208483.0, "total_employees": 18, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2359399566.0, "total_employees": 19, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2678964904.0, "total_employees": 18, "filing_date": "2024-05-24" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2999207083.0, "total_employees": 17, "filing_date": "2025-04-30" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5088194405.0, "total_employees": 21, "filing_date": "2026-03-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $2,999,207,083 to $5,088,194,405 (+70%)." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Employees performing advisory functions went from 9 to 10.", "Registered or notice-filed in DC, IL, TX." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": true } ], "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/new-england-private-wealth-advisors-llc-wellesley-ma-133790.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 38, "fewer_than_5": false, "raum": 24839597.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 338, "fewer_than_5": false, "raum": 3048082011.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "investment_companies", "label": "Investment companies", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 0, "fewer_than_5": false, "raum": null }, { "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": 134326909.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 58, "fewer_than_5": false, "raum": 1874648631.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "insurance_companies", "label": "Insurance companies", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": null, "fewer_than_5": true, "raum": 6297257.0 } ], "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/133790", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }