New Harbor Financial Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, educational seminars, and insurance.
New Harbor Financial Group reports 1,019 clients. They include 728 individual clients, 282 high-net-worth individuals and 5 charitable organizations. Of its assets, 96.8% ($794M across 2,038 accounts) are managed with discretion; $26.6M across 159 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 30% |
| High-net-worth individuals | 28% | 69% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 728 | $243M | 29.6% | $334K |
| High-net-worth individuals | 282 | $563M | 68.6% | $2M |
| Pension and profit-sharing plans | 4 | $6.94M | 0.8% | $1.74M |
| Charitable organizations | 5 | $7.93M | 1.0% | $1.59M |
| Total | 1,019 | $821M | 100% | $806K |
- Clients
- 728
- Regulatory AUM
- $243M
- AUM share
- 29.6%
- Avg. per client
- $334K
- Clients
- 282
- Regulatory AUM
- $563M
- AUM share
- 68.6%
- Avg. per client
- $2M
- Clients
- 4
- Regulatory AUM
- $6.94M
- AUM share
- 0.8%
- Avg. per client
- $1.74M
- Clients
- 5
- Regulatory AUM
- $7.93M
- AUM share
- 1.0%
- Avg. per client
- $1.59M
Total
- Clients
- 1,019
- Regulatory AUM
- $821M
- AUM share
- 100%
- Avg. per client
- $806K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
New Harbor Financial Group charges 0.85%–2.00% a year for its Portfolio management services. The fee is billed in advance. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Financial planning and consulting fees are negotiable, generally $1,000 to $5,000 fixed or $150 to $250 an hour.
John Llodra owns 25% to 50% of New Harbor Financial Group. The leadership team of New Harbor Financial Group includes Chief Compliance Officer Christine Drisco. It has 9 employees, 6 of them in advisory roles.
Leadership
- Christine DriscoChief Compliance Officer
John LlodraManaging Member
Michael PrestonManaging Member
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 9 employees
- 6 in advisory functions
- 6 state-registered reps
- 1 broker-dealer rep
- 2 insurance agents
- 2 soliciting firms
- Owns 25% to 50% of New Harbor Financial Group, LLC
John Llodra
Control person · since January 2005
- Owns 25% to 50% of New Harbor Financial Group, LLC
Michael Preston
Control person · since January 2005
- Owns 5% to 10% of New Harbor Financial Group, LLC
Christine Drisco
since January 2011
New Harbor Financial Group’s regulatory assets grew 3.0× from $276M (July 2021) to $821M (July 2026); clients rose from 710 to 1,019 and employees from 6 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $821M | 1,019 | 9 | 1 |
| July 2025 | $577M | 959 | 8 | 1 |
| March 2024 | $495M | 979 | 7 | 1 |
| May 2023 | $419M | 920 | 6 | 1 |
| March 2022 | $340M | 911 | 6 | 1 |
| July 2021 | $276M | 710 | 6 | 1 |
Besides its headquarters, New Harbor Financial Group has 0 offices, with 1 listed address in Massachusetts.
Massachusetts · 1 listed address
- 146 Main Street, Suite 302, WorcesterHQ
Contact and registration details
- Legal name
- New Harbor Financial Group, LLC
- Headquarters
- 146 Main Street, Suite 302, Worcester, MA 01608
- Website
- newharborfinancial.com
- Phone
- 978-537-7701
- @newharborfinancialgroup
- SEC file
- 801-72007
- Founded
- 2005
- Structure
- Massachusetts LLC
- Fiscal year end
- December
New Harbor Financial Group uses Charles Schwab ($821M) as custodian for its separately managed accounts. New Harbor Financial Group has custody of $268M in client assets for 380 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $821M100%
At year end, New Harbor Financial Group’s separately managed accounts were mostly in funds (56%) and bonds (36%). Its reported 13F holdings for the quarter ended 30 June 2026 total $633M across 68 positions; the largest are iShares TR (7.4%), SPDR Series Trust (6.6%) and iShares TR (6.3%).
What the accounts hold
- Stocks6%
- Funds56%
- Bonds36%
- Cash2%
Reported 13F holdings
- $633M
- Reported 13F value
- 68
- Positions
- 59.3%
- In the 10 largest
- +11.5%
- Value vs. prior quarter
- iShares TR · 20 YR TR BD ETF7.4%
- SPDR Series Trust · SP O&g Eqp Serv6.6%
- iShares TR · MSCI Emg Mkt ETF6.3%
- Select Sector SPDR TR · ST Str Indl ETF6.0%
- Harbor ETF Trust · Comm All Wea ETF5.9%
- iShares TR · Latn Amer 40 ETF5.6%
- iShares TR · MSCI Eafe ETF5.5%
- iShares TR · 3 7 YR Treas BD5.5%
- iShares Inc. · MSCI Gbl ETF New5.4%
- SPDR Series Trust · ST Str Nyse Tech5.2%
Together, the ten largest are 59.3% of reported value.
How many clients does New Harbor Financial Group have?
New Harbor Financial Group has 1,019 clients and manages $821 million for them, as of July 2026. They include 728 individual clients, 282 high-net-worth individuals and 5 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 July 2026
What services does New Harbor Financial Group offer?
New Harbor Financial Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, educational seminars, and insurance.
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 New Harbor Financial Group charge?
New Harbor Financial Group charges 0.85%–2.00% a year for its Portfolio management services. The fee is billed in advance.
Source: NEW HARBOR FINANCIAL DISCLOSURE BROCHURE, filed 6 April 2026
Which custodians does New Harbor Financial Group use?
New Harbor Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $821M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 July 2026
How many financial advisors does New Harbor Financial Group have?
New Harbor Financial Group has 6 investment adviser representatives registered with state securities authorities, out of 9 employees, and 6 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 2 employees are 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 New Harbor Financial Group invest in?
At the end of its last fiscal year, New Harbor Financial Group’s separately managed accounts held 56% registered funds (mutual funds, ETFs, BDCs), 36% U.S. government and agency bonds, 6% exchange-traded equities and 2% 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 New Harbor Financial Group?
New Harbor Financial Group’s direct owners are John Llodra, Michael Preston and Christine Drisco, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 July 2026
How does New Harbor Financial Group get paid?
New Harbor Financial Group 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 New Harbor Financial Group?
New Harbor Financial Group’s main office is at 146 Main Street, Suite 302, Worcester, MA 01608. Its phone number is 978-537-7701. Its website is newharborfinancial.com.