Family Fiduciary Services provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, educational seminars, education planning, estate planning, and tax planning.
Family Fiduciary Services reports 129 clients. They include 64 individual clients, 39 high-net-worth individuals, and 11 corporations and other businesses. Of its assets, 100.0% ($254M across 369 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 50% | 6% |
| High-net-worth individuals | 30% | 79% |
| Pension and profit-sharing plans | 7% | 9% |
| Charitable organizations | 5% | <1% |
| Corporations and other businesses | 9% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 64 | $16M | 6.3% | $250K |
| High-net-worth individuals | 39 | $202M | 79.4% | $5.17M |
| Pension and profit-sharing plans | 9 | $22.8M | 9.0% | $2.53M |
| Charitable organizations | 6 | $2.51M | 1.0% | $418K |
| Corporations and other businesses | 11 | $11.1M | 4.4% | $1.01M |
| Total | 129 | $254M | 100% | $1.97M |
- Clients
- 64
- Regulatory AUM
- $16M
- AUM share
- 6.3%
- Avg. per client
- $250K
- Clients
- 39
- Regulatory AUM
- $202M
- AUM share
- 79.4%
- Avg. per client
- $5.17M
- Clients
- 9
- Regulatory AUM
- $22.8M
- AUM share
- 9.0%
- Avg. per client
- $2.53M
- Clients
- 6
- Regulatory AUM
- $2.51M
- AUM share
- 1.0%
- Avg. per client
- $418K
- Clients
- 11
- Regulatory AUM
- $11.1M
- AUM share
- 4.4%
- Avg. per client
- $1.01M
Total
- Clients
- 129
- Regulatory AUM
- $254M
- AUM share
- 100%
- Avg. per client
- $1.97M
- 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
- 0
Family Fiduciary Services charges 0.50%–1.50% a year for its Discretionary Investment Management Services. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial plans are offered on a project basis, typically $2,500 to $5,000, with a 50% upfront deposit; the fee may be negotiable.
- Trustee and Bill Paying Services
- Trustee, bill paying and tax organization services are an additional 0.50% of assets under management a year, and may be negotiable.
David Grey owns 50% to 75% of Family Fiduciary Services. The leadership team of Family Fiduciary Services includes President David Grey. It has 5 employees.
Leadership
- David GreyPresident, Chief Compliance Officer, Chairman of the Board of Directors and Investment Committee
- Lawrence MillerMember of the Board of Directors and Investment Committee
- Cameron O'NeillMember of the Board of Directors and Investment Committee, V.P. Senior Wealth Advisor
- Dan Rea IIIMember of the Board of Directors and Investment Committee
- Stephen WilchinsTrustee to the Nancy L. Ponn Irrevocable Family Trust 2024
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
- David Lawrence Grey
- Lawrence Goodall Miller
- Cameron Daniel O'Neill
- Matthew Abraham Soucy
- Beatrice Tiberii
- Stephen Niles Wilchins
Staff
- 5 employees
- 5 in advisory functions
- 4 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Family Fiduciary Services, Inc.
David Grey
Control person · since November 2007
- Owns 10% to 25% of Family Fiduciary Services, Inc.
Stephen Wilchins
Control person · since November 2007
- Owns 10% to 25% of Family Fiduciary Services, Inc.
Lawrence Miller
Control person · since August 2016
- Owns 5% to 10% of Family Fiduciary Services, Inc.
Cameron O'Neill
Control person · since November 2022
- Owns 5% to 10% of Family Fiduciary Services, Inc.
Nancy L. Ponn Irrevocable Family Trust 2024
since February 2024
Family Fiduciary Services’ regulatory assets grew 2.2× from $117M (March 2021) to $254M (August 2026); clients rose from 67 to 129 and employees fell from 6 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $254M | 129 | 5 | 1 |
| March 2025 | $205M | 94 | 6 | 1 |
| March 2024 | $175M | 81 | 7 | 1 |
| March 2023 | $123M | 59 | 7 | 1 |
| May 2022 | $136M | 54 | 6 | 1 |
| March 2021 | $117M | 67 | 6 | 1 |
Besides its headquarters, Family Fiduciary Services has 0 offices, with 1 listed address in Massachusetts.
Massachusetts · 1 listed address
- 900 Cummings Center, Suite 212-U, BeverlyHQ
Contact and registration details
- Legal name
- Family Fiduciary Services, Inc.
- Headquarters
- 900 Cummings Center, Suite 212-U, Beverly, MA 01915
- Website
- familyfiduciary.net
- Phone
- 978-922-0050
- SEC file
- 801-119095
- Founded
- 2007
- Structure
- Delaware corporation
- Fiscal year end
- December
Family Fiduciary Services uses Fidelity ($254M) as custodian for its separately managed accounts. Family Fiduciary Services has custody of $37.7M in client assets for 8 clients.
- FidelityFidelity Distributors Company LLC · Smithfield, RI · $254M100%
At year end, Family Fiduciary Services’ separately managed accounts were mostly in funds (50%) and stocks (45%).
What the accounts hold
- Stocks45%
- Funds50%
- Registered funds48%
- Pooled vehicles2%
- Bonds1%
- Cash4%
How many clients does Family Fiduciary Services have?
Family Fiduciary Services has 129 clients and manages $254 million for them, as of August 2026. They include 64 individual clients, 39 high-net-worth individuals, and 11 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 August 2026
What services does Family Fiduciary Services offer?
Family Fiduciary Services provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, educational seminars, education planning, estate planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Family Fiduciary Services charge?
Family Fiduciary Services charges 0.50%–1.50% a year for its Discretionary Investment Management Services. The fee is billed in arrears and is negotiable.
Source: FFSI BROCHURE (FORM ADV PART 2A), filed 24 August 2026
Which custodians does Family Fiduciary Services use?
Family Fiduciary Services’ separately managed account assets are held at Fidelity Distributors Company LLC (Smithfield, RI), with $254M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 August 2026
How many financial advisors does Family Fiduciary Services have?
Family Fiduciary Services has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Family Fiduciary Services invest in?
At the end of its last fiscal year, Family Fiduciary Services’ separately managed accounts held 48% registered funds (mutual funds, ETFs, BDCs), 45% exchange-traded equities, 4% cash and equivalents, 2% pooled vehicles (private funds and similar) and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Family Fiduciary Services?
Family Fiduciary Services’ direct owners are David Grey (50% to 75%), Stephen Wilchins (10% to 25%), Lawrence Miller (10% to 25%), Cameron O'Neill (5% to 10%) and Nancy L. Ponn Irrevocable Family Trust 2024 (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 24 August 2026
How does Family Fiduciary Services get paid?
Family Fiduciary Services is paid through a percentage of assets under management 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 Family Fiduciary Services?
Family Fiduciary Services’ main office is at 900 Cummings Center, Suite 212-U, Beverly, MA 01915. Its phone number is 978-922-0050. Its website is familyfiduciary.net.