Sandy Cove Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, divorce planning, education planning, estate planning, family office services, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 51–100 clients last fiscal year.
Sandy Cove Advisors reports 278 clients. They include 205 high-net-worth individuals, 70 individual clients, and 2 pension and profit-sharing plans. Of its assets, 95.6% ($655M across 1,005 accounts) are managed with discretion; $30.1M across 52 accounts are not. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 25% | 5% |
| High-net-worth individuals | 74% | 95% |
| 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) | 70 | $32.8M | 4.8% | $469K |
| High-net-worth individuals | 205 | $650M | 95.0% | $3.17M |
| Pension and profit-sharing plans | Fewer than 5 | $1.14M | 0.2% | $572K |
| Charitable organizations | Fewer than 5 | $580K | 0.1% | $580K |
| Total | 278 | $685M | 100% | — |
- Clients
- 70
- Regulatory AUM
- $32.8M
- AUM share
- 4.8%
- Avg. per client
- $469K
- Clients
- 205
- Regulatory AUM
- $650M
- AUM share
- 95.0%
- Avg. per client
- $3.17M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.14M
- AUM share
- 0.2%
- Avg. per client
- $572K
- Clients
- Fewer than 5
- Regulatory AUM
- $580K
- AUM share
- 0.1%
- Avg. per client
- $580K
Total
- Clients
- 278
- Regulatory AUM
- $685M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Sandy Cove Advisors charges 0.50%–1.25% a year for its Investment Management Services. The fee is billed in arrears, is negotiable and has a $10,000 annual minimum. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Consolidated Reporting
- A flat fee or an annual fee of 0.10% to 0.20% of total assets in the reported accounts, billed monthly in arrears and negotiable.
- Family Office and Wealth Planning
- Negotiable fixed fees of $20,000 to $250,000 a year, payable monthly or quarterly as invoiced.
- Financial Planning and Advisory Consulting
- Fixed fees of $100 to $200,000 a year, or hourly fees of $100 to $500; negotiable, with part paid in advance and the rest on completion.
Deirdre Prescott owns 75% or more of Sandy Cove Advisors. It has 8 employees, 4 of them in advisory roles.
Leadership
- Deirdre PrescottManaging Member
- Katherine SaltonstallChief
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Emily Alise Fluke
- Deirdre Reilly Prescott
- Katherine Saltonstall
Staff
- 8 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Sandy Cove Advisors, LLC
Deirdre Prescott
Control person · since November 2009
- Owns 10% to 25% of Sandy Cove Advisors, LLC
Katherine Saltonstall
Control person · since October 2019
Sandy Cove Advisors’ regulatory assets grew 2.2× from $318M (March 2021) to $685M (March 2026); clients rose from 160 to 278 and employees were 8 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $685M | 278 | 8 | 2 |
| February 2025 | $582M | 230 | 8 | 2 |
| March 2024 | $486M | 220 | 9 | 2 |
| February 2023 | $363M | 223 | 9 | 2 |
| May 2022 | $388M | 190 | 8 | 2 |
| March 2021 | $318M | 160 | 8 | 2 |
Besides its headquarters, Sandy Cove Advisors has 1 office, with 2 listed addresses in Florida and Massachusetts.
Florida · 1 listed address
- 3801 Pga Boulevard, Palm Beach Gardens
Massachusetts · 1 listed address
- 37 Derby Street, Suite 5, HinghamHQ
Contact and registration details
- Legal name
- Sandy Cove Advisors, LLC
- Headquarters
- 37 Derby Street, Suite 5, Hingham, MA 02043
- Website
- sandycoveadvisors.com
- Phone
- 617-622-1500
- @sandy-cove-advisors-llc
- SEC file
- 801-107724
- Founded
- 2010
- Structure
- Delaware LLC
- Fiscal year end
- December
Sandy Cove Advisors uses Fidelity ($604M, 88%) and Charles Schwab ($80.8M, 12%) as custodians for its separately managed accounts. Sandy Cove Advisors has custody of $191M in client assets for 285 clients.
- FidelityFidelity Brokerage Services LLC · Jersey City, NJ · $604M88%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $80.8M12%
At year end, Sandy Cove Advisors’ separately managed accounts were mostly in funds (61%) and stocks (22%). Its reported 13F holdings for the quarter ended 30 June 2026 total $400M across 162 positions; the largest are iShares TR (8.4%), Vanguard Index Fds (8.1%) and Vanguard Intl Equity Index F (5.9%).
What the accounts hold
- Stocks22%
- Funds61%
- Bonds10%
- State and local bonds9%
- U.S. government and agency bonds1%
- Cash6%
- Other1%
- Lp funds like exchange fund1%
Reported 13F holdings
- $400M
- Reported 13F value
- 162
- Positions
- 52.0%
- In the 10 largest
- +19.7%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF8.4%
- Vanguard Index Fds · S&P 500 ETF Shs8.1%
- Vanguard Intl Equity Index F · Allwrld EX US5.9%
- iShares TR · Core S&P Mcp ETF5.5%
- Vanguard Index Fds · Mid Cap ETF5.5%
- Berkshire Hathaway Inc. Del · CL B New4.5%
- Apple Inc.4.5%
- Vanguard Index Fds · Total Stk Mkt4.1%
- iShares TR · Core US Aggbd ET3.0%
- Vanguard Index Fds · Small CP ETF2.5%
Together, the ten largest are 52.0% of reported value.
How many clients does Sandy Cove Advisors have?
Sandy Cove Advisors has 278 clients and manages $685 million for them, as of March 2026. They include 205 high-net-worth individuals, 70 individual clients, and 2 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does Sandy Cove Advisors offer?
Sandy Cove Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, divorce planning, education planning, estate planning, family office services, insurance, philanthropic planning, retirement plan services, and tax planning.
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 Sandy Cove Advisors charge?
Sandy Cove Advisors charges 0.50%–1.25% a year for its Investment Management Services. The fee is billed in arrears, is negotiable and has a $10,000 annual minimum.
Which custodians does Sandy Cove Advisors use?
Sandy Cove Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Jersey City, NJ), with $604M and Charles Schwab & Co., Inc. (Westlake, TX), with $80.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does Sandy Cove Advisors have?
Sandy Cove Advisors has 4 investment adviser representatives registered with state securities authorities, out of 8 employees, and 4 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 Sandy Cove Advisors invest in?
At the end of its last fiscal year, Sandy Cove Advisors’ separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 9% state and local bonds, 6% cash and equivalents, 1% U.S. government and agency bonds and 1% other. The 1% other category is described as: LP Funds Like Exchange Fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sandy Cove Advisors?
Sandy Cove Advisors’ direct owners are Deirdre Prescott (75% or more) and Katherine Saltonstall (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does Sandy Cove Advisors get paid?
Sandy Cove Advisors 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 Sandy Cove Advisors?
Sandy Cove Advisors’ main office is at 37 Derby Street, Suite 5, Hingham, MA 02043. Its phone number is 617-622-1500. Its website is sandycoveadvisors.com.