{"url":"https://nivawealth.com/firms/needham-r-b-advisory-105378","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105378","regulatoryAum":102400806,"crd":"105378","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1108380","suffix":null,"lastName":"KIMBALL","firstName":"GEORGE","middleName":"JONES"}],"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":"2025-03-27","regulatoryAum":100180105,"clients":129,"employees":5,"offices":1},{"filedOn":"2026-08-05","regulatoryAum":102400806,"clients":145,"employees":5,"offices":1}],"secFileNumber":"801-132495","legalName":"Needham R B Advisory Corp","displayName":"Needham R B Advisory","slug":"needham-r-b-advisory-105378","website":"https://needhamadvisory.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/needham-advisory","founded":null,"organization":"Massachusetts corporation","fiscalYearEnd":"December","headquarters":{"street":"861 Turnpike Street, Unit 226","city":"North Andover","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"01845"},"tradeNames":["Needham Advisory Corp.","R. 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Needham Advisory Corp."],"registration":{"secApproved":"21 April 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":636090.6573426573,"staff":{"employees":5,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":102400806,"discretionary":80131974,"discretionaryAccounts":201,"nonDiscretionary":22268832,"nonDiscretionaryAccounts":43,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":111,"regulatoryAum":27753659},{"label":"High-net-worth individuals","clients":32,"regulatoryAum":63207305},{"label":"Charitable organizations","clients":2,"regulatoryAum":11439842}],"feePrograms":[{"role":"main","program":"Fee Schedule - Investment Management","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":1,"from":0},{"to":5000000,"pct":0.75,"from":2000000},{"to":null,"pct":0.5,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053990","versionId":1053990,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-08-05","documentName":"NEEDHAM ADVISORY CORP. FORM ADV PART 2A","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Consultation","summary":"Hourly rate of $250.00; for financial planning without ongoing investment management, a minimum flat fee of $2,500.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053990","versionId":1053990,"submittedOn":"2026-08-05","documentName":"NEEDHAM ADVISORY CORP. FORM ADV PART 2A"},{"role":"other","program":"Investment Consultation","summary":"Hourly rate of $250.00, with a $250.00 minimum fee per consultation, payable on completion.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053990","versionId":1053990,"submittedOn":"2026-08-05","documentName":"NEEDHAM ADVISORY CORP. FORM ADV PART 2A"},{"role":"other","program":"Legacy Kimball Capital schedule (clients before October 4, 2018)","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053990","versionId":1053990,"submittedOn":"2026-08-05","documentName":"NEEDHAM ADVISORY CORP. FORM ADV PART 2A"},{"role":"other","program":"Legacy RBNAC schedule (clients before October 4, 2018)","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053990","versionId":1053990,"submittedOn":"2026-08-05","documentName":"NEEDHAM ADVISORY CORP. FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:47:12.940385+00:00","documents":[{"name":"NEEDHAM ADVISORY CORP. FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053990","versionId":1053990,"submittedOn":"2026-08-05"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":101238646}],"custodyNote":"Needham R B Advisory has custody of $22.3M in client assets for 43 clients.","leadership":[{"name":"George Kimball","title":"President, Principal, Chief Compliance Officer","crd":"1108380"}],"ownership":[{"label":"George Kimball","detail":"President, principal, chief compliance officer in the 75% or more ownership band and a control person, since October 2018."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"861 Turnpike Street, Unit 226","city":"North Andover","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"978-681-8821","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":24},{"label":"Non-exchange-traded equity securities","percent":27},{"label":"U.S. government/agency bonds","percent":4},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":24},{"label":"Cash and cash equivalents","percent":14}],"privateFunds":0},"sources":{"adv1FilingDate":"5 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105378/PDF/105378.pdf","brochureDate":"5 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053990","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 Needham R B Advisory have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Needham R B Advisory offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Needham R B Advisory charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Needham R B Advisory use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Needham R B Advisory have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Needham R B Advisory invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Needham R B Advisory?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Needham R B Advisory get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Needham R B Advisory registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Needham R B Advisory?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 5 August 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."}