{ "crd_number": 171107, "slug": "twelve-points-wealth-management-concord-ma-171107", "primary_business_name": "TWELVE POINTS WEALTH MANAGEMENT", "legal_name": "TWELVE POINTS WEALTH MANAGEMENT LLC", "dbas": [ "TWELVE POINTS RETIREMENT ADVISORS" ], "city": "Concord", "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": "2017-01-23", "years_registered": 9, "period": "2026-10-01", "filing_date": "2026-08-26", "carried_forward": false, "raum_total": 2243862574.0, "raum_discretionary": 2135958620.0, "raum_non_discretionary": 107903954.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 25, "advisory_employees": 13, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 2079.0, "count": 4, "description": "CORPORATE TRUSTEE", "fewer_than_5": true }, "charitable": { "raum": 6180807.0, "count": 9 }, "individuals": { "raum": 316448452.0, "count": 511 }, "pension_profit_sharing": { "raum": 1566546953.0, "count": 202 }, "high_net_worth_individuals": { "raum": 337783763.0, "count": 83 }, "corporations_other_businesses": { "raum": 16900520.0, "count": 12 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "pension_consulting", "periodicals_newsletters", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "AL", "CA", "CO", "CT", "FL", "GA", "IL", "MA", "NC", "NH", "NJ", "NY", "PA", "RI", "TX" ], "websites": [ "https://facebook.com/TWELVEPOINTSWEALTH", "https://instagram.com/TWELVEPOINTSWEALTH", "https://linkedin.com/COMPANY/TWELVE-POINTS-WEALTH-MANAGEMENT", "https://linkedin.com/in/andrew-mcgill-a35b1451", "https://linkedin.com/in/barbara-maietta-cfp%C2%AE-865191", "https://linkedin.com/in/bill-koshivas", "https://linkedin.com/in/carolyn-mullins", "https://linkedin.com/in/chrisacahill", "https://linkedin.com/in/daveclayman", "https://linkedin.com/in/deborah-cartisser-5047268", "https://linkedin.com/in/francescafederico", "https://linkedin.com/in/gregphillipstpra", "https://linkedin.com/in/jeffreysking", "https://linkedin.com/in/joe-montana-90a31731", "https://linkedin.com/in/joel-fearon", "https://linkedin.com/in/joey-belsanti-33976b230", "https://linkedin.com/in/mannyfrangiadakis", "https://linkedin.com/in/neil-tremblay-aif%C2%AE-219a3825", "https://linkedin.com/in/steve-b-14391a224", "https://linkedin.com/in/traceybhartford", "https://twelvepoints.com", "https://twelvepointswealth.com", "https://x.com/TWELVEPOINTSWM?LANG=EN" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/171107", "city_as_filed": "CONCORD", "url": "https://advisorcensus.com/firm/twelve-points-wealth-management-concord-ma-171107", "display_name": "Twelve Points Wealth Management", "summary": "Twelve Points Wealth Management is an SEC-registered investment advisory firm in Concord, MA, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 26, 2026.", "citation": "AdvisorCensus. Twelve Points Wealth Management (CRD 171107): 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)" ], "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)", "Publication of periodicals or newsletters", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Twelve Points Wealth Management compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Twelve Points Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "Where is Twelve Points Wealth Management located?", "a": "Twelve Points Wealth Management's principal office is in Concord, MA, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Twelve Points Wealth Management registered with the SEC or a state?", "a": "Twelve Points Wealth Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 171107." }, { "q": "How much does Twelve Points Wealth Management manage?", "a": "Twelve Points Wealth Management reports $2,243,862,574 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (95% discretionary)." }, { "q": "How have Twelve Points Wealth Management's assets and staff changed since 2021?", "a": "In the Form ADV data for Twelve Points Wealth Management: Regulatory assets under management: $630,147,435 in the October 2021 data and $2,243,862,574 in the October 2026 data, up 256%. Total employees: 13 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Twelve Points Wealth Management serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (511); pension and profit sharing plans (but not the plan participants or government pension plans) (202); high net worth individuals (83)." }, { "q": "Which custodians does Twelve Points Wealth Management use?", "a": "Twelve Points Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Twelve Points Wealth Management 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/171107" }, { "q": "What changed in Twelve Points Wealth Management's recent Form ADV filings?", "a": "In the September 2026 filing data: Registered or notice-filed in CO." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 630147435.0, "total_employees": 13, "filing_date": "2021-04-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 784699984.0, "total_employees": 17, "filing_date": "2022-04-12" }, { "period": "2023-10-01", "regulatory_assets_under_management": 833663895.0, "total_employees": 20, "filing_date": "2023-08-10" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1210783978.0, "total_employees": 18, "filing_date": "2024-07-23" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1701535494.0, "total_employees": 24, "filing_date": "2025-06-03" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2243862574.0, "total_employees": 25, "filing_date": "2026-08-26" } ], "recent_changes": [ { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "Registered or notice-filed in CO." ] }, { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $1,701,535,494 to $2,243,862,574 (+32%).", "Registered or notice-filed in NC." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "No longer registered or notice-filed in MD." ] } ], "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": 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/twelve-points-wealth-management-concord-ma-171107.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 511, "fewer_than_5": false, "raum": 316448452.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 83, "fewer_than_5": false, "raum": 337783763.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 202, "fewer_than_5": false, "raum": 1566546953.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 9, "fewer_than_5": false, "raum": 6180807.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 12, "fewer_than_5": false, "raum": 16900520.0 }, { "type": "other", "label": "Other", "count": 4, "fewer_than_5": true, "raum": 2079.0 } ], "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/171107", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }