# Nutter Investment Advisors

> Nutter Investment Advisors is an SEC-registered investment advisory firm in Boston, MA, registered since 1988, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 5, 2026.

- CRD: 105461
- Filed as: NUTTER INVESTMENT ADVISORS
- Legal name: Nutter Investment Advisors Limited Partnership
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: March 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105461
- AdvisorCensus page: https://advisorcensus.com/firm/nutter-investment-advisors-boston-ma-105461

## Quick answers

**How is Nutter Investment Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Nutter Investment Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Nutter Investment Advisors located?**
Nutter Investment Advisors' principal office is in Boston, MA, according to its Form ADV.

**Is Nutter Investment Advisors registered with the SEC or a state?**
Nutter Investment Advisors is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 105461.

**How much does Nutter Investment Advisors manage?**
Nutter Investment Advisors reports $2,963,283,082 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (2% discretionary).

**How have Nutter Investment Advisors' assets and staff changed since 2021?**
In the Form ADV data for Nutter Investment Advisors: Regulatory assets under management: $2,142,570,608 in the October 2021 data and $2,963,283,082 in the October 2026 data, up 38%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Nutter Investment Advisors serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (20); individuals (other than high net worth individuals) (5); corporations or other businesses not listed above (1).

**Which custodians does Nutter Investment Advisors use?**
Nutter Investment Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fifth Third Bank as a custodian holding 10% or more of its separately managed account assets.

**Does Nutter Investment Advisors 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/105461

**Does Nutter Investment Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 5, 2026 says: "We require a minimum account size of $1,000,000 to open an account. At our discretion, we may waive this minimum account size."

**What changed in Nutter Investment Advisors' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $2,684,446,306 to $2,963,283,082 (+10%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 5, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> We require a minimum account size of $1,000,000 to open an account. At our discretion, we may waive this minimum account size.

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

### Custodians (Schedule D, Section 5.K(3))
- Fifth Third Bank

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: $2,963,283,082
- Discretionary: $69,974,263
- Non-discretionary: $2,893,308,819

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 5 | $2,411,856 |
| High net worth individuals | 20 | $67,562,407 |
| Corporations or other businesses not listed above | 1 | $2,893,308,819 |

### 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: 1988 (37 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA, NH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- nutter.com/SERVICES-PRACTICES-NUTTER-INVESTMENT-ADVISORS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,142,570,608 | 5 | March 30, 2021 |
| October 2022 | $2,508,394,678 | 5 | April 21, 2022 |
| October 2023 | $2,145,537,720 | 5 | March 23, 2023 |
| October 2024 | $2,425,641,286 | 5 | March 19, 2024 |
| October 2025 | $2,684,446,306 | 5 | April 14, 2025 |
| October 2026 | $2,963,283,082 | 5 | March 5, 2026 |

Regulatory assets under management: $2,142,570,608 in the October 2021 data and $2,963,283,082 in the October 2026 data, up 38%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $2,684,446,306 to $2,963,283,082 (+10%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Nutter Investment Advisors (CRD 105461): Form ADV filing data as of October 2026.