{ "crd_number": 147181, "slug": "new-frontier-advisors-llc-boston-ma-147181", "primary_business_name": "NEW FRONTIER ADVISORS, LLC", "legal_name": "NEW FRONTIER ADVISORS, LLC", "dbas": [], "city": "Boston", "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": "2011-06-21", "years_registered": 15, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 3990139274.0, "raum_discretionary": 109894479.0, "raum_non_discretionary": 3880244795.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 16, "advisory_employees": 4, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 69879796.0, "count": 86 }, "other_investment_advisers": { "raum": 3880244795.0, "count": 3 }, "high_net_worth_individuals": { "raum": 38875667.0, "count": 31 }, "corporations_other_businesses": { "raum": 1139016.0, "count": 2 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "AZ", "MA", "NY", "PA" ], "websites": [ "https://facebook.com/NFABOSTON", "https://frontieradvisor.com", "https://linkedin.com/COMPANY/NEW-FRONTIER-ADVISORS", "https://newfrontieradvisors.com", "https://newfrontieradvisors.com/NFI", "https://nfistitute.org", "https://twitter.com/NFABOSTON", "https://twitter.com/NFINSTITUTE" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/147181", "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/new-frontier-advisors-llc-boston-ma-147181", "display_name": "New Frontier Advisors, LLC", "summary": "New Frontier Advisors, LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. New Frontier Advisors, LLC (CRD 147181): 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", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is New Frontier Advisors, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), New Frontier Advisors, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is New Frontier Advisors, LLC located?", "a": "New Frontier Advisors, LLC's principal office is in Boston, MA, according to its Form ADV." }, { "q": "Is New Frontier Advisors, LLC registered with the SEC or a state?", "a": "New Frontier Advisors, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 147181." }, { "q": "How much does New Frontier Advisors, LLC manage?", "a": "New Frontier Advisors, LLC reports $3,990,139,274 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (3% discretionary)." }, { "q": "How have New Frontier Advisors, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for New Frontier Advisors, LLC: Regulatory assets under management: $3,645,358,836 in the October 2021 data and $3,990,139,274 in the October 2026 data, up 9%. Total employees: 19 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does New Frontier Advisors, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (86); high net worth individuals (31); other investment advisers (3)." }, { "q": "Which custodians does New Frontier Advisors, LLC use?", "a": "New Frontier Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Distributors Company LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does New Frontier 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/147181" }, { "q": "What changed in New Frontier Advisors, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.G). Registered or notice-filed in NY." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 3645358836.0, "total_employees": 19, "filing_date": "2021-08-06" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4550465698.0, "total_employees": 18, "filing_date": "2022-06-16" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3570502029.0, "total_employees": 19, "filing_date": "2023-06-12" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3738277429.0, "total_employees": 20, "filing_date": "2024-05-15" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3945395889.0, "total_employees": 17, "filing_date": "2025-03-20" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3990139274.0, "total_employees": 16, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.G).", "Registered or notice-filed in NY." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Distributors Company LLC", "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC", "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/new-frontier-advisors-llc-boston-ma-147181.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 86, "fewer_than_5": false, "raum": 69879796.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 31, "fewer_than_5": false, "raum": 38875667.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 3, "fewer_than_5": false, "raum": 3880244795.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 2, "fewer_than_5": false, "raum": 1139016.0 } ], "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/147181", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }