NorthStar Asset Management is a registered investment advisor founded in 1990 and based in Boston, Massachusetts. The firm specializes in socially responsible investing, centering its research and shareholder activism around six core pillars: racial equity, gender equity, economic inequality, human rights, environmental justice, and corporate governance. NorthStar manages customized portfolios combining public equities, fixed income, cash, and alternative private or community investments. The public equity strategy typically features a core-satellite approach utilizing exchange-traded funds and direct indexing alongside a concentrated portfolio of global companies. NorthStar offers discretionary and non-discretionary portfolio management services primarily to individuals, high net worth families, trusts, and non-profit organizations. In addition to investment management, the firm provides ancillary financial advice regarding budgeting, charitable contributions, estate concerns, and tax matters, often coordinating with clients' outside legal and tax professionals.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 0.90% |
| $5.0M - $25.0M | 0.75% |
| $25M+ | 0.75% |
Fees for amounts above $25,000,000 are negotiable. Charitable institutions pay a maximum fee of 0.75%. Fees are assessed quarterly in arrears.