{"url":"https://nivawealth.com/firms/northeast-advisers-108835","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/108835","regulatoryAum":639108000,"crd":"108835","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5722300","suffix":null,"lastName":"BLEILER","firstName":"ERIC","middleName":"J"},{"crd":"7404611","suffix":null,"lastName":"Cardamone","firstName":"Sarah","middleName":"E"},{"crd":"1991691","suffix":"SR","lastName":"DEVINE","firstName":"JOHN","middleName":"MICHAEL"},{"crd":"6508052","suffix":null,"lastName":"PROETTO","firstName":"REBECCA","middleName":null}],"total":4,"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":"2021-03-19","regulatoryAum":524834955,"clients":327,"employees":6,"offices":3},{"filedOn":"2022-03-30","regulatoryAum":584513732,"clients":335,"employees":4,"offices":2},{"filedOn":"2023-03-28","regulatoryAum":489276282,"clients":340,"employees":4,"offices":3},{"filedOn":"2024-03-25","regulatoryAum":517101142,"clients":350,"employees":4,"offices":3},{"filedOn":"2025-03-31","regulatoryAum":576435239,"clients":362,"employees":4,"offices":3},{"filedOn":"2026-03-19","regulatoryAum":639108000,"clients":376,"employees":5,"offices":3}],"secFileNumber":"801-57720","legalName":"Northeast Advisers Inc","displayName":"Northeast Advisers","slug":"northeast-advisers-108835","website":"https://northeastadvisers.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Pennsylvania corporation","fiscalYearEnd":"December","headquarters":{"street":"163 W. Lancaster Ave","city":"Paoli","state":"PA","stateName":"Pennsylvania","country":"United States","postalCode":"19301"},"tradeNames":[],"registration":{"secApproved":"5 July 2000","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1304618.6186186187,"staff":{"employees":5,"advisory":4,"brokerDealerReps":0,"insuranceAgents":1,"promoters":3},"aum":{"regulatory":639108000,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":639108000,"nonDiscretionaryAccounts":376,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":228,"regulatoryAum":88395000},{"label":"High-net-worth individuals","clients":105,"regulatoryAum":346043000},{"label":"Pension and profit-sharing plans","clients":40,"regulatoryAum":164233000},{"label":"Charitable organizations","clients":2,"regulatoryAum":40123000},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":314000}],"feePrograms":[{"role":"main","program":"Sliding Scale Advisory Fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021965","versionId":1021965,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-19","documentName":"NAI ADV PART 2 MARCH 2026","fee_rate_low":0.75,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":250000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021965","versionId":1021965,"submittedOn":"2026-03-19","documentName":"NAI ADV PART 2 MARCH 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T06:04:41.460982+00:00","documents":[{"name":"NAI ADV PART 2 MARCH 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021965","versionId":1021965,"submittedOn":"2026-03-19"}]},"custodians":[{"name":"Alerus Financial","shortName":"Alerus Financial","location":"Grand Forks, ND","smaAssets":74832000},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":514491000}],"custodyNote":"Northeast Advisers has custody of $175M in client assets for 130 clients.","leadership":[{"name":"Rebecca Proetto","title":"Chief Compliance Officer","crd":"6508052"},{"name":"John Devine","title":"Cheif Executive Officer","crd":"1991691"},{"name":"Eric Bleiler","title":"Investment Advisory Representative","crd":"5722300"}],"ownership":[{"label":"John Devine","detail":"Cheif executive officer in the 10% to 25% ownership band and a control person, since June 2000."},{"label":"Rebecca Proetto","detail":"Chief compliance officer in the 25% to 50% ownership band and a control person, since July 2015."},{"label":"Eric Bleiler","detail":"Investment advisory representative in the 25% to 50% ownership band and a control person, since January 2010."}],"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Pennsylvania","offices":3,"addresses":[{"street":"163 W. Lancaster Ave","city":"Paoli","headquarters":true},{"street":"136 South Mountain Boulevard","city":"Mountain Top"},{"street":"782 West Butler Drive","city":"Sugarloaf"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"610-240-7955","stateRegisteredReps":4,"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","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":4},{"label":"U.S. government/agency bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":90},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"19 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/108835/PDF/108835.pdf","brochureDate":"19 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021965","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 Northeast Advisers have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Northeast Advisers offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Northeast Advisers charge?","answer":"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.","source":"NAI ADV PART 2 MARCH 2026, filed 19 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Northeast Advisers use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Northeast Advisers have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Northeast Advisers invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Northeast Advisers have a minimum investment?","answer":"Yes, Northeast Advisers’ minimum account size for its Sliding Scale Advisory Fee is $250K.","source":"NAI ADV PART 2 MARCH 2026, filed 19 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Northeast Advisers?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Northeast Advisers get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Northeast Advisers registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Northeast Advisers?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 19 March 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."}