Needham Advisory Corporation
Assets Under Management
$100.2M
Number of Clients
129
Number of Advisors
2
Avg. Portfolio per Client
$777K
Avg. Managed per Advisor
$50.1M
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
About This Firm
Needham Advisory Corp. offers investment management and financial counseling services to individuals, trusts, retirement plans, and endowments. Needham Advisory acts in your best interest on a fee-only basis, not receiving commissions or selling products. They tailor investment portfolios to meet client needs, offering personalized solutions for financial questions and long-term planning.
Fee Structure
Needham Advisory charges a percentage of the value of your portfolio, billed monthly in advance. There are different fee schedules depending on when you became a client:
- If you were a client before October 4, 2018:
- 1% per year on the first $2,000,000
- 0.5% per year on assets over $2,000,000
- Minimum annual fee of $1,500
- If you were a client of Kimball Capital Management before October 4, 2018:
- 1.25% per year on the first $2,000,000
- 1.00% per year on the next $2,000,000
- 0.75% per year on the next $5,000,000
- 0.60% per year on the next $15,000,000
- 0.45% per year on assets over $25,000,000
- If you became a client after October 4, 2018:
- 1.00% per year on the first $2,000,000
- 0.75% per year on the next $3,000,000
- 0.50% per year on assets over $5,000,000
Areas of Practice
Location
861 Turnpike Street, Unit 226, North Andover, MA, 01845