# New Frontier Advisors, LLC

> 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.

- CRD: 147181
- Filed as: NEW FRONTIER ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/147181
- AdvisorCensus page: https://advisorcensus.com/firm/new-frontier-advisors-llc-boston-ma-147181

## Quick answers

**How is New Frontier Advisors, LLC compensated?**
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.

**Where is New Frontier Advisors, LLC located?**
New Frontier Advisors, LLC's principal office is in Boston, MA, according to its Form ADV.

**Is New Frontier Advisors, LLC registered with the SEC or a state?**
New Frontier Advisors, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 147181.

**How much does New Frontier Advisors, LLC manage?**
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).

**How have New Frontier Advisors, LLC's assets and staff changed since 2021?**
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.

**What types of clients does New Frontier Advisors, LLC serve?**
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).

**Which custodians does New Frontier Advisors, LLC use?**
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.

**Does New Frontier Advisors, LLC report any disciplinary disclosures?**
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

**What changed in New Frontier Advisors, LLC's recent Form ADV filings?**
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.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Distributors Company LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $3,990,139,274
- Discretionary: $109,894,479
- Non-discretionary: $3,880,244,795

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 86 | $69,879,796 |
| High net worth individuals | 31 | $38,875,667 |
| Other investment advisers | 3 | $3,880,244,795 |
| Corporations or other businesses not listed above | 2 | $1,139,016 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2011 (15 years)
- Employees: 16 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, MA, NY, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- frontieradvisor.com
- newfrontieradvisors.com
- newfrontieradvisors.com/NFI
- nfistitute.org
- Facebook @NFABOSTON
- LinkedIn @NEW-FRONTIER-ADVISORS
- X @NFABOSTON
- X @NFINSTITUTE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,645,358,836 | 19 | August 6, 2021 |
| October 2022 | $4,550,465,698 | 18 | June 16, 2022 |
| October 2023 | $3,570,502,029 | 19 | June 12, 2023 |
| October 2024 | $3,738,277,429 | 20 | May 15, 2024 |
| October 2025 | $3,945,395,889 | 17 | March 20, 2025 |
| October 2026 | $3,990,139,274 | 16 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.G).
- Registered or notice-filed in NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. New Frontier Advisors, LLC (CRD 147181): Form ADV filing data as of October 2026.