Butterworth Financial provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
Butterworth Financial reports 140 clients. They include 99 individual clients, 39 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 97.1% ($100M across 384 accounts) are managed with discretion; $3M across 4 accounts are not. A wrap fee program the firm both sponsors and manages holds $8M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 40% |
| High-net-worth individuals | 28% | 55% |
| Corporations and other businesses | 1% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 99 | $41.3M | 39.9% | $417K |
| High-net-worth individuals | 39 | $56.5M | 54.6% | $1.45M |
| Corporations and other businesses | 2 | $5.6M | 5.4% | $2.8M |
| Total | 140 | $103M | 100% | $738K |
- Clients
- 99
- Regulatory AUM
- $41.3M
- AUM share
- 39.9%
- Avg. per client
- $417K
- Clients
- 39
- Regulatory AUM
- $56.5M
- AUM share
- 54.6%
- Avg. per client
- $1.45M
- Clients
- 2
- Regulatory AUM
- $5.6M
- AUM share
- 5.4%
- Avg. per client
- $2.8M
Total
- Clients
- 140
- Regulatory AUM
- $103M
- AUM share
- 100%
- Avg. per client
- $738K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Butterworth Financial charges 1.00%–1.50% a year for its Portfolio Management Fees. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $100K–$500K | 1.50% |
| $500K–$1M | 1.25% |
| $1M and above | 1.00% |
Fee details and sources
Other fees
- Financial Planning Fees
- Fixed fee of $500 to $5,000 for a financial plan or hourly at $250 per hour, both negotiable; fixed fees are paid 50% in advance.
Mark Butterworth owns 75% or more of Butterworth Financial. It has 1 employee.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of Butterworth Financial LLC
Mark Butterworth
Control person · since January 2023
Besides its headquarters, Butterworth Financial has 0 offices, with 1 listed address in 1 state.
Massachusetts · 1 listed address
- 7 Federal Street, Suite 36, DanversHQ
Contact and registration details
- Legal name
- Butterworth Financial LLC
- Headquarters
- 7 Federal Street, Suite 36, Danvers, MA 01923
- Website
- butterworthfinancial.net
- Phone
- 617-792-8492
- SEC file
- 801-134568
- Structure
- Massachusetts LLC
- Fiscal year end
- December
Butterworth Financial’s named custodian for separately managed accounts is LPL Financial ($101M). Butterworth Financial does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $101M100%
At year end, Butterworth Financial’s separately managed accounts were mostly in funds (85%) and stocks (11%).
What the accounts hold
- Stocks11%
- Funds85%
- Cash1%
Filed values cover 97%. The neutral 3% gap has no reported category.
How many clients does Butterworth Financial have?
Butterworth Financial has 140 clients and manages $103 million for them, as of January 2026. They include 99 individual clients, 39 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 January 2026
What services does Butterworth Financial offer?
Butterworth Financial provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Butterworth Financial charge?
Butterworth Financial charges 1.00%–1.50% a year for its Portfolio Management Fees. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.
Source: FORM ADV PART 2A - BUTTERWORTH FINANCIAL LLC, filed 22 January 2026
Which custodians does Butterworth Financial use?
Butterworth Financial’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $101M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 January 2026
How many financial advisors does Butterworth Financial have?
Butterworth Financial has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Butterworth Financial invest in?
At the end of its last fiscal year, Butterworth Financial’s separately managed accounts held 85% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Butterworth Financial?
Butterworth Financial’s direct owner is Mark Butterworth (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 January 2026
How does Butterworth Financial get paid?
Butterworth Financial is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Butterworth Financial?
Butterworth Financial’s main office is at 7 Federal Street, Suite 36, Danvers, MA 01923. Its phone number is 617-792-8492. Its website is butterworthfinancial.net.
