Northeast Planning Associates, Inc. is a large advisory firm based in Bedford. It manages $210.74 million of regulatory assets for 1,431 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Florida, and 6 other states.
Northeast Planning Associates provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Northeast Planning Associates, Inc. is $210.74 million. The firm's AUM has grown by 65% since the beginning of its operation, and $207 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Northeast Planning Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Northeast Planning Associates is individuals with 739 clients and $162.63 million of assets under management. Among the 10 most similar advisory firms, Northeast Planning Associates has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $209.93 million for 752 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Northeast Planning Associates doesn't advise any private funds.
The company employs 128 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 67 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
The principal office where Northeast Planning Associates, Inc. performs its advisory services is located at 43 Constitution Drive, Bedford, NH 03110, which is also the mailing address of the firm. An additional office of the firm is in Bangor, ME. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (603) 471-0900 or by fax (603) 471-0471. The normal business hours are 7:30 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at northeastplanning.com.