{ "crd_number": 107113, "slug": "nichols-and-pratt-advisers-llp-boston-ma-107113", "primary_business_name": "NICHOLS & PRATT ADVISERS LLP", "legal_name": "NICHOLS & PRATT ADVISERS LLP", "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": "1994-10-11", "years_registered": 31, "period": "2026-10-01", "filing_date": "2026-08-26", "carried_forward": false, "raum_total": 2430399569.0, "raum_discretionary": 2181224469.0, "raum_non_discretionary": 249175100.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 20, "advisory_employees": 10, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 232519034.0, "count": null, "description": "TRUST COMPANY, LAW FIRM", "fewer_than_5": true }, "individuals": { "raum": 21758386.0, "count": 21 }, "high_net_worth_individuals": { "raum": 2176122149.0, "count": 85 } }, "compensation_types": [ "fixed", "hourly", "other", "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "MA", "NH", "TX" ], "websites": [ "https://nichols-pratt.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107113", "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/nichols-and-pratt-advisers-llp-boston-ma-107113", "display_name": "Nichols & Pratt Advisers LLP", "summary": "Nichols & Pratt Advisers LLP is an SEC-registered investment advisory firm in Boston, MA, registered since 1994, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 26, 2026.", "citation": "AdvisorCensus. Nichols & Pratt Advisers LLP (CRD 107113): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)", "Other" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses" ], "quick_answers": [ { "q": "How is Nichols & Pratt Advisers LLP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Nichols & Pratt Advisers LLP reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Nichols & Pratt Advisers LLP located?", "a": "Nichols & Pratt Advisers LLP's principal office is in Boston, MA, according to its Form ADV." }, { "q": "Is Nichols & Pratt Advisers LLP registered with the SEC or a state?", "a": "Nichols & Pratt Advisers LLP is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 107113." }, { "q": "How much does Nichols & Pratt Advisers LLP manage?", "a": "Nichols & Pratt Advisers LLP reports $2,430,399,569 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (90% discretionary)." }, { "q": "How have Nichols & Pratt Advisers LLP's assets and staff changed since 2021?", "a": "In the Form ADV data for Nichols & Pratt Advisers LLP: Regulatory assets under management: $1,913,639,116 in the October 2021 data and $2,430,399,569 in the October 2026 data, up 27%. Total employees: 25 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Nichols & Pratt Advisers LLP serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (85); individuals (other than high net worth individuals) (21)." }, { "q": "Which custodians does Nichols & Pratt Advisers LLP use?", "a": "Nichols & Pratt Advisers LLP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists SPTC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Nichols & Pratt Advisers LLP 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/107113" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1913639116.0, "total_employees": 25, "filing_date": "2021-03-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2194762228.0, "total_employees": 25, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1945292049.0, "total_employees": 25, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2163914039.0, "total_employees": 25, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2321889366.0, "total_employees": 21, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2430399569.0, "total_employees": 20, "filing_date": "2026-08-26" } ], "recent_changes": [], "fees_from_brochure": null, "custodians": [ { "name": "SPTC", "name_as_filed": "SPTC", "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/nichols-and-pratt-advisers-llp-boston-ma-107113.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 21, "fewer_than_5": false, "raum": 21758386.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 85, "fewer_than_5": false, "raum": 2176122149.0 }, { "type": "other", "label": "Other", "count": null, "fewer_than_5": true, "raum": 232519034.0 } ], "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/107113", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }