Needham R B Advisory provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
Needham R B Advisory reports 145 clients. They include 111 individual clients, 32 high-net-worth individuals and 2 charitable organizations. Of its assets, 78.3% ($80.1M across 201 accounts) are managed with discretion; $22.3M across 43 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 77% | 27% |
| High-net-worth individuals | 22% | 62% |
| Charitable organizations | 1% | 11% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 111 | $27.8M | 27.1% | $250K |
| High-net-worth individuals | 32 | $63.2M | 61.7% | $1.98M |
| Charitable organizations | 2 | $11.4M | 11.2% | $5.72M |
| Total | 145 | $102M | 100% | $706K |
- Clients
- 111
- Regulatory AUM
- $27.8M
- AUM share
- 27.1%
- Avg. per client
- $250K
- Clients
- 32
- Regulatory AUM
- $63.2M
- AUM share
- 61.7%
- Avg. per client
- $1.98M
- Clients
- 2
- Regulatory AUM
- $11.4M
- AUM share
- 11.2%
- Avg. per client
- $5.72M
Total
- Clients
- 145
- Regulatory AUM
- $102M
- AUM share
- 100%
- Avg. per client
- $706K
- 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
Needham R B Advisory charges 0.50%–1.00% a year for its Fee Schedule - Investment Management. Each asset band is charged at its own rate. The fee is billed in advance. The brochure also prices 4 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$5M | 0.75% |
| $5M and above | 0.50% |
Fee details and sources
Other fees
- Financial Consultation
- Hourly rate of $250.00; for financial planning without ongoing investment management, a minimum flat fee of $2,500.
- Investment Consultation
- Hourly rate of $250.00, with a $250.00 minimum fee per consultation, payable on completion.
- Legacy Kimball Capital schedule (clients before October 4, 2018)
- Annual fee of 1.25% up to $2,000,000, 1.00% on the next $2,000,000, 0.75% on the next $5,000,000, 0.60% on the next $15,000,000 and 0.45% above $25,000,000, billed monthly in advance.
- Legacy RBNAC schedule (clients before October 4, 2018)
- Annual fee of 1% on assets up to $2,000,000 and 0.5% above, billed monthly in advance, with a $1,500 minimum annual fee.
George Kimball owns 75% or more of Needham R B Advisory. The leadership team of Needham R B Advisory includes President George Kimball. It has 5 employees, 2 of them in advisory roles.
Leadership
- George KimballPresident, Principal, Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Needham R B Advisory Corp
George Kimball
Control person · since October 2018
Needham R B Advisory’s regulatory assets went from $100M (March 2025) to $102M (August 2026); clients rose from 129 to 145 and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $102M | 145 | 5 | 1 |
| March 2025 | $100M | 129 | 5 | 1 |
Besides its headquarters, Needham R B Advisory has 0 offices, with 1 listed address in Massachusetts.
Massachusetts · 1 listed address
- 861 Turnpike Street, Unit 226, North AndoverHQ
Other business names
Needham R B Advisory has reported 2 other business names to the SEC.
- Needham Advisory Corp.
- R. B. Needham Advisory Corp.
Contact and registration details
- Legal name
- Needham R B Advisory Corp
- Headquarters
- 861 Turnpike Street, Unit 226, North Andover, MA 01845
- Website
- needhamadvisory.com
- Phone
- 978-681-8821
- @needham-advisory
- SEC file
- 801-132495
- Structure
- Massachusetts corporation
- Fiscal year end
- December
Needham R B Advisory uses Charles Schwab ($101M) as custodian for its separately managed accounts. Needham R B Advisory has custody of $22.3M in client assets for 43 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $101M100%
At year end, Needham R B Advisory’s separately managed accounts were mostly in stocks (51%) and funds (24%).
What the accounts hold
- Stocks51%
- Non-exchange-traded equities27%
- Exchange-traded equities24%
- Funds24%
- Bonds11%
- Investment grade corporate bonds5%
- U.S. government and agency bonds4%
- State and local bonds2%
- Cash14%
How many clients does Needham R B Advisory have?
Needham R B Advisory has 145 clients and manages $102 million for them, as of August 2026. They include 111 individual clients, 32 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 August 2026
What services does Needham R B Advisory offer?
Needham R B Advisory 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 Needham R B Advisory charge?
Needham R B Advisory charges 0.50%–1.00% a year for its Fee Schedule - Investment Management. Each asset band is charged at its own rate. The fee is billed in advance.
Source: NEEDHAM ADVISORY CORP. FORM ADV PART 2A, filed 5 August 2026
Which custodians does Needham R B Advisory use?
Needham R B Advisory’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), 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 5 August 2026
How many financial advisors does Needham R B Advisory have?
Needham R B Advisory has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 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 Needham R B Advisory invest in?
At the end of its last fiscal year, Needham R B Advisory’s separately managed accounts held 27% non-exchange-traded equities, 24% exchange-traded equities, 24% registered funds (mutual funds, ETFs, BDCs), 14% cash and equivalents, 5% investment grade corporate bonds, 4% U.S. government and agency bonds and 2% 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 Needham R B Advisory?
Needham R B Advisory’s direct owner is George Kimball (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 5 August 2026
How does Needham R B Advisory get paid?
Needham R B Advisory 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
Is Needham R B Advisory registered with the SEC?
Yes, Needham R B Advisory has been registered with the SEC as an investment adviser since 21 April 2025. Its CRD number is 105378 and its SEC file number is 801-132495.
Source: Form ADV Part 1A, Item 1, filed 5 August 2026; IAPD firm record
How do I contact Needham R B Advisory?
Needham R B Advisory’s main office is at 861 Turnpike Street, Unit 226, North Andover, MA 01845. Its phone number is 978-681-8821. Its website is needhamadvisory.com.