Richard Nichols is a CFA-designated registered investment advisor at Nichols & Pratt Advisers LLP, based in Boston, MA, with 3 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 108 clients with $2.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 9.50% |
| $1.0M - $2.0M | 8.50% |
| $2.0M - $3.0M | 7.50% |
| $3.0M - $5.0M | 6.00% |
| $5M+ | 4.00% |
All fees are subject to negotiation. Nichols & Pratt Advisers may impose fees higher or lower than those set forth above for any account based on the particular circumstances.
Fee Estimator
Location
50 Congress Street, Suite 832, Boston, MA, 02109-4002
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Richard is a partner at Nichols & Pratt, LLP, and acts as a trustee/trust administrator. This activity, which is not investment-related, takes about half of Richard's time.
Employment History
Current Registrations
Nichols & Pratt Advisers LLP
State Registrations2 states
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