Northeast Investment Management INC
Assets Under Management
$3.3B
Number of Clients
1,651
Number of Advisors
9
Avg. Portfolio per Client
$2.0M
Avg. Managed per Advisor
$363.8M
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
About This Firm
Northeast Investment Management (NIM) provides investment advice to help clients build, protect, and manage their wealth. NIM creates tailored portfolios based on each client's needs. In addition to investment advice, NIM's portfolio managers may provide estate-planning services and serve as personal trustees. NIM also provides tax preparation, estate settlement, bill paying, and general consulting for a separate fee.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $3.0M | 0.75% |
| $3M+ | 0.50% |
Fees may be negotiable. Some fee arrangements are based on a fixed dollar amount or include a fixed dollar component and could therefore exceed the fees in the fee schedule set forth above. NIM manages RBC wrap fee accounts and charges 0.75% to 1% of the asset value of each account.
Fee Estimator
Areas of Practice
Location
24 Federal Street, Floor 9, Boston, MA, 02110-2516