Northeast Advisers provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 11–25 clients last fiscal year.
Northeast Advisers reports 376 clients. They include 228 individual clients, 105 high-net-worth individuals, and 40 pension and profit-sharing plans. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $639M across 376 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | 14% |
| High-net-worth individuals | 28% | 54% |
| Pension and profit-sharing plans | 11% | 26% |
| Charitable organizations | <1% | 6% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 228 | $88.4M | 13.8% | $388K |
| High-net-worth individuals | 105 | $346M | 54.1% | $3.3M |
| Pension and profit-sharing plans | 40 | $164M | 25.7% | $4.11M |
| Charitable organizations | 2 | $40.1M | 6.3% | $20.1M |
| Corporations and other businesses | 1 | $314K | 0.0% | $314K |
| Total | 376 | $639M | 100% | $1.7M |
- Clients
- 228
- Regulatory AUM
- $88.4M
- AUM share
- 13.8%
- Avg. per client
- $388K
- Clients
- 105
- Regulatory AUM
- $346M
- AUM share
- 54.1%
- Avg. per client
- $3.3M
- Clients
- 40
- Regulatory AUM
- $164M
- AUM share
- 25.7%
- Avg. per client
- $4.11M
- Clients
- 2
- Regulatory AUM
- $40.1M
- AUM share
- 6.3%
- Avg. per client
- $20.1M
- Clients
- 1
- Regulatory AUM
- $314K
- AUM share
- 0.0%
- Avg. per client
- $314K
Total
- Clients
- 376
- Regulatory AUM
- $639M
- AUM share
- 100%
- Avg. per client
- $1.7M
- 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
- 11–25
Northeast Advisers charges 0.75%–1.00% a year for its Sliding Scale Advisory Fee. The fee is billed in arrears, is negotiable and requires an account of at least $250,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is billed hourly, not to exceed $200 an hour, with a fee estimate given at the start; costs may be waived for investment clients.
Rebecca Proetto owns 25% to 50% of Northeast Advisers. The leadership team of Northeast Advisers includes Chief Compliance Officer Rebecca Proetto. It has 5 employees, 4 of them in advisory roles.
Leadership
- Rebecca ProettoChief Compliance Officer
- John DevineCheif Executive Officer
- Eric BleilerInvestment Advisory Representative
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 4 in advisory functions
- 4 state-registered reps
- 1 insurance agent
- 3 soliciting firms
- Owns 25% to 50% of Northeast Advisers Inc
Rebecca Proetto
Control person · since July 2015
- Owns 25% to 50% of Northeast Advisers Inc
Eric Bleiler
Control person · since January 2010
- Owns 10% to 25% of Northeast Advisers Inc
John Devine
Control person · since June 2000
Northeast Advisers’ regulatory assets grew from $525M (March 2021) to $639M (March 2026); clients rose from 327 to 376 and employees fell from 6 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $639M | 376 | 5 | 3 |
| March 2025 | $576M | 362 | 4 | 3 |
| March 2024 | $517M | 350 | 4 | 3 |
| March 2023 | $489M | 340 | 4 | 3 |
| March 2022 | $585M | 335 | 4 | 2 |
| March 2021 | $525M | 327 | 6 | 3 |
Besides its headquarters, Northeast Advisers has 2 offices, with 3 listed addresses in Pennsylvania.
Pennsylvania · 3 listed addresses
- 163 W. Lancaster Ave, PaoliHQ
- 136 South Mountain Boulevard, Mountain Top
- 782 West Butler Drive, Sugarloaf
Contact and registration details
- Legal name
- Northeast Advisers Inc
- Headquarters
- 163 W. Lancaster Ave, Paoli, PA 19301
- Website
- northeastadvisers.com
- Phone
- 610-240-7955
- SEC file
- 801-57720
- Structure
- Pennsylvania corporation
- Fiscal year end
- December
Northeast Advisers uses Charles Schwab ($514M, 87%) and Alerus Financial ($74.8M, 13%) as custodians for its separately managed accounts. Northeast Advisers has custody of $175M in client assets for 130 clients.
- Alerus FinancialAlerus Financial · Grand Forks, ND · $74.8M13%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $514M87%
At year end, Northeast Advisers’ separately managed accounts were mostly in funds (90%).
What the accounts hold
- Stocks4%
- Funds90%
- Bonds2%
- Cash4%
How many clients does Northeast Advisers have?
Northeast Advisers has 376 clients and manages $639 million for them, as of March 2026. They include 228 individual clients, 105 high-net-worth individuals, and 40 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026
What services does Northeast Advisers offer?
Northeast Advisers provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Northeast Advisers charge?
Northeast Advisers charges 0.75%–1.00% a year for its Sliding Scale Advisory Fee. The fee is billed in arrears, is negotiable and requires an account of at least $250,000.
Which custodians does Northeast Advisers use?
Northeast Advisers’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $514M and Alerus Financial (Grand Forks, ND), with $74.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 March 2026
How many financial advisors does Northeast Advisers have?
Northeast Advisers has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 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
What does Northeast Advisers invest in?
At the end of its last fiscal year, Northeast Advisers’ separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 4% exchange-traded equities, 4% cash and equivalents and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Northeast Advisers have a minimum investment?
Yes, Northeast Advisers’ minimum account size for its Sliding Scale Advisory Fee is $250K.
Who owns Northeast Advisers?
Northeast Advisers’ direct owners are John Devine, Rebecca Proetto and Eric Bleiler, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 19 March 2026
How does Northeast Advisers get paid?
Northeast Advisers 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 Northeast Advisers registered with the SEC?
Yes, Northeast Advisers has been registered with the SEC as an investment adviser since 5 July 2000. Its CRD number is 108835 and its SEC file number is 801-57720.
Source: Form ADV Part 1A, Item 1, filed 19 March 2026; IAPD firm record
How do I contact Northeast Advisers?
Northeast Advisers’ main office is at 163 W. Lancaster Ave, Paoli, PA 19301. Its phone number is 610-240-7955. Its website is northeastadvisers.com.