{"url":"https://nivawealth.com/firms/charles-river-wealth-management-288017","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/288017","regulatoryAum":110312780,"crd":"288017","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4209369","suffix":null,"lastName":"NACAR","firstName":"KENAN","middleName":null}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-02-06","regulatoryAum":100819366,"clients":101,"employees":1,"offices":1},{"filedOn":"2026-04-30","regulatoryAum":110312780,"clients":103,"employees":1,"offices":1}],"secFileNumber":"801-132125","legalName":"Charles River Wealth Management, LLC","displayName":"Charles River Wealth Management","slug":"charles-river-wealth-management-288017","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Massachusetts limited liability company","fiscalYearEnd":"December","headquarters":{"street":"50 Mall Road, Suite 209","city":"Burlington","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"01803"},"tradeNames":[],"registration":{"secApproved":"7 March 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1062300.9708737864,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":110312780,"discretionary":109415000,"discretionaryAccounts":336,"nonDiscretionary":897780,"nonDiscretionaryAccounts":7,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":52,"regulatoryAum":15105000},{"label":"High-net-worth individuals","clients":51,"regulatoryAum":94312000},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":895780}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"marginal","fee_tiers":[{"to":500000,"pct":1.1,"from":0},{"to":1000000,"pct":0.95,"from":500000},{"to":2000000,"pct":0.85,"from":1000000},{"to":3000000,"pct":0.75,"from":2000000},{"to":5000000,"pct":0.65,"from":3000000},{"to":null,"pct":0.5,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043374","versionId":1043374,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-04-30","documentName":"CHARLES RIVER DISCLOSURE BROCHURE, BROCHURE SUPPLEMENT, AND PRIVACY POLICY","fee_rate_low":0.5,"fee_rate_high":1.1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning Services","summary":"Hourly rate ranging from $200 to $350; an estimate of total hours and costs is provided before engagement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043374","versionId":1043374,"submittedOn":"2026-04-30","documentName":"CHARLES RIVER DISCLOSURE BROCHURE, BROCHURE SUPPLEMENT, AND PRIVACY POLICY"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:44:28.063742+00:00","documents":[{"name":"CHARLES RIVER DISCLOSURE BROCHURE, BROCHURE SUPPLEMENT, AND PRIVACY POLICY","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043374","versionId":1043374,"submittedOn":"2026-04-30"}]},"custodians":[{"name":"Raymond James & Associates, Inc.","shortName":"Raymond James","location":"St. Petersburg, FL","smaAssets":110315000}],"custodyNote":"Charles River Wealth Management does not have custody of client assets.","leadership":[{"name":"Kenan Nacar","title":"Managing Partner and Chief Compliance Officer","crd":"4209369"}],"ownership":[{"label":"Kenan Nacar","detail":"Managing partner and chief compliance officer in the 75% or more ownership band and a control person, since March 2017."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"50 Mall Road, Suite 209","city":"Burlington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"781-270-5400","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":72},{"label":"U.S. government/agency bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":4},{"label":"Cash and cash equivalents","percent":22}],"privateFunds":0},"sources":{"adv1FilingDate":"30 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/288017/PDF/288017.pdf","brochureDate":"30 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043374","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Charles River Wealth Management have?","answer":"Charles River Wealth Management has 103 clients and manages $110 million for them, as of April 2026. They include 52 individual clients and 51 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Charles River Wealth Management offer?","answer":"Charles River Wealth Management 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Charles River Wealth Management charge?","answer":"Charles River Wealth Management charges 0.50%–1.10% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"CHARLES RIVER DISCLOSURE BROCHURE, BROCHURE SUPPLEMENT, AND PRIVACY POLICY, filed 30 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Charles River Wealth Management use?","answer":"Charles River Wealth Management’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $110M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Charles River Wealth Management have?","answer":"Charles River Wealth Management 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Charles River Wealth Management invest in?","answer":"At the end of its last fiscal year, Charles River Wealth Management’s separately managed accounts held 72% exchange-traded equities, 22% cash and equivalents, 4% registered funds (mutual funds, ETFs, BDCs), 1% U.S. government and agency bonds and 1% investment grade corporate bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Charles River Wealth Management?","answer":"Charles River Wealth Management’s direct owner is Kenan Nacar (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Charles River Wealth Management get paid?","answer":"Charles River Wealth Management is paid through a percentage of assets under management and hourly charges. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Charles River Wealth Management registered with the SEC?","answer":"Yes, Charles River Wealth Management has been registered with the SEC as an investment adviser since 7 March 2025. Its CRD number is 288017 and its SEC file number is 801-132125.","source":"Form ADV Part 1A, Item 1, filed 30 April 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Charles River Wealth Management?","answer":"Charles River Wealth Management’s main office is at 50 Mall Road, Suite 209, Burlington, MA 01803. Its phone number is 781-270-5400.","source":"Form ADV Part 1A, Item 1.F, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}