SHP Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, educational seminars, education planning, and insurance. Financial planning was provided to 1–10 clients last fiscal year.
SHP Wealth Management reports 2,364 clients. They include 1,778 individual clients, 483 high-net-worth individuals and 90 other investment advisers. Of its assets, 93.7% ($1.8B across 7,051 accounts) are managed with discretion; $122M across 406 accounts are not. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 34% |
| High-net-worth individuals | 20% | 59% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Other investment advisers | 4% | 5% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,778 | $662M | 34.5% | $372K |
| High-net-worth individuals | 483 | $1.14B | 59.2% | $2.35M |
| Pension and profit-sharing plans | 8 | $16.3M | 0.8% | $2.04M |
| Charitable organizations | Fewer than 5 | $1.57M | 0.1% | $1.57M |
| Other investment advisers | 90 | $98.6M | 5.1% | $1.1M |
| Corporations and other businesses | Fewer than 5 | $4.36M | 0.2% | $1.09M |
| Total | 2,364 | $1.92B | 100% | — |
- Clients
- 1,778
- Regulatory AUM
- $662M
- AUM share
- 34.5%
- Avg. per client
- $372K
- Clients
- 483
- Regulatory AUM
- $1.14B
- AUM share
- 59.2%
- Avg. per client
- $2.35M
- Clients
- 8
- Regulatory AUM
- $16.3M
- AUM share
- 0.8%
- Avg. per client
- $2.04M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.57M
- AUM share
- 0.1%
- Avg. per client
- $1.57M
- Clients
- 90
- Regulatory AUM
- $98.6M
- AUM share
- 5.1%
- Avg. per client
- $1.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.36M
- AUM share
- 0.2%
- Avg. per client
- $1.09M
Total
- Clients
- 2,364
- Regulatory AUM
- $1.92B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
SHP Wealth Management charges 0.20%–1.25% a year for its Portfolio Management. Each asset band is charged at its own rate. The fee is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$2M | 1.00% |
| $2M–$3.5M | 0.85% |
| $3.5M–$6M | 0.70% |
| $6M–$8M | 0.60% |
| $8M–$10M | 0.50% |
| $10M–$15M | 0.40% |
| $15M–$20M | 0.30% |
| $20M and above | 0.20% |
Fee details and sources
SHP Financial Holdco, LLC owns 75% or more of SHP Wealth Management and is in turn owned by Bluespring Wealth Partners, LLC (75% or more). The leadership team of SHP Wealth Management includes Chief Compliance Officer Matthew Peck. It has 52 employees, 32 of them in advisory roles.
Leadership
- Matthew PeckChief Compliance Officer/Member
- Keith EllisDirector/Member
- Derek GregoireDirector/Member
Investment adviser representatives
32 representatives listed in the SEC register as of 9 October 2026.
- Aidan Vito Arone
- Michael J Bagni
- Katherine Patricia Baker
- Jack Paul Bettle
- Kyle Britton
- Colin Patrick Cronin
- Keith Winslow Ellis II
- Anthony J Finocchiaro
- Derek L.(mi Only) Gregoire
- Michael A Guthrie IV
- Raphael Hanna
- David A Hathaway
- Cameron Joseph Iarrobino
- Owen Michael Imparato
- Mark Stewart Kenney
- Paul Michael Kittredge
- Joshua Richard Kosinski
- Marci Porter Lucier
- Natalia C. Manning
- Jonathan Francis Morrison
- Nicholas Errold Nelson
- Alina Osokhovska
- Bradley Parillo
- Matthew Chapman Peck
- Zachary Scott Perkins
- Patrick Michael Randall
- Chase Andrew Reardon
- Rafael Gregory Reyes
- Laura Russo
- Joshua Paul Santos
- James Patrick Sferrazza
- Christopher Paul Willis
Staff
- 52 employees
- 32 in advisory functions
- 32 state-registered reps
- 24 insurance agents
- Owns 75% or more of SHP Wealth Management, LLC
SHP Financial Holdco, LLC
Control person · since December 2025
- Owns 75% or more of SHP Financial Holdco, LLC
Bluespring Wealth Partners, LLC
Control person · since December 2025
- Owns 75% or more of Bluespring Wealth Partners, LLC
Kestra Financial, Inc
Control person · since December 2020
- Owns 75% or more of Kestra Financial, Inc
Kestra Advisor Services Holdings C, Inc
Control person · since October 2014
- Owns 75% or more of Kestra Advisor Services Holdings C, Inc
Kestra Advisor Services Holdings B, Inc
Control person · since October 2014
- Owns 75% or more of Kestra Advisor Services Holdings B, Inc
Kestra Advisor Services Holdings A, Inc
Control person · since October 2014
- Owns 75% or more of Kestra Advisor Services Holdings A, Inc
Kingfisher Holding B, Inc.
Control person · since June 2019
- Owns 75% or more of Kingfisher Holding B, Inc.
Kingfisher Holding A, Inc.
Control person · since June 2019
- Owns 75% or more of Kingfisher Holding A, Inc.
Kingfisher Topco Holdings, LP
Control person · since June 2019
- Owns 25% to 50% of Kingfisher Topco Holdings, LP
Ohcp VI Enzo Aggregator, L.P.
Control person · since February 2025
- Owns 25% to 50% of Kingfisher Topco Holdings, LP
T-IX Kraken Co-Invest, LP
Control person · since February 2025
Kingfisher Topco Holdings GP, LLC
General partner · Control person · since February 2025
SHP Wealth Management’s regulatory assets grew 3.0× from $630M (March 2021) to $1.92B (September 2026); clients rose from 1,268 to 2,364 and employees from 34 to 52.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $1.92B | 2,364 | 52 | 6 |
| April 2025 | $1.5B | 2,208 | 51 | 6 |
| February 2024 | $1.1B | 2,315 | 46 | 6 |
| April 2023 | $906M | 11,882 | 41 | 6 |
| July 2022 | $880M | 1,528 | 40 | 5 |
| March 2021 | $630M | 1,268 | 34 | 6 |
Besides its headquarters, SHP Wealth Management has 5 offices, with 6 listed addresses in Massachusetts.
Massachusetts · 6 listed addresses
- 225 Water St, Suite C210, PlymouthHQ
- 25 Braintree Hill Office Park, Braintree
- 11 Apex DR., Marlborough
- 400 Trade Center, Woburn
- 724 Main Street, Hyannis
- 1900 West Park Drive, Westborough,
Other business names
SHP Wealth Management has reported 1 other business name to the SEC.
- SHP Financial
Contact and registration details
- Legal name
- SHP Wealth Management, LLC
- Headquarters
- 225 Water St, Suite C210, Plymouth, MA 02360
- Website
- shpfinancial.com
- Phone
- 508-746-2400
- SEC file
- 801-108679
- Founded
- 2014
- Structure
- Massachusetts LLC
- Fiscal year end
- December
SHP Wealth Management uses Fidelity ($1.87B) as custodian for its separately managed accounts. SHP Wealth Management has custody of $166M in client assets for 267 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $1.87B100%
At year end, SHP Wealth Management’s separately managed accounts were mostly in funds (80%) and stocks (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.45B across 1,981 positions; the largest are Vanguard Index Fds (27.2%), Invesco Exch Traded FD TR II (8.5%) and iShares TR (6.6%).
What the accounts hold
- Stocks10%
- Funds80%
- Bonds4%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- High-yield corporate bonds1%
- Cash8%
Reported 13F holdings
- $1.45B
- Reported 13F value
- 1,981
- Positions
- 69.1%
- In the 10 largest
- +9.7%
- Value vs. prior quarter
- Vanguard Index Fds · S&P 500 ETF Shs27.2%
- Invesco Exch Traded FD TR II · S&P Intl Momnt8.5%
- iShares TR · Core Div Grwth6.6%
- iShares TR · Core S&P US Gwt6.5%
- Victory Portfolios II · Short Trm BD ETF6.2%
- Fidelity Covington Trust · Enhanced Large4.9%
- J P Morgan Exchange Traded F · Equity Premium4.1%
- State Str SPDR S&P 500 ETF T · TR Unit1.8%
- Franklin Templeton ETF TR · Senior Loan ETF1.8%
- iShares TR · High Yld Systm B1.6%
Together, the ten largest are 69.1% of reported value.
How many clients does SHP Wealth Management have?
SHP Wealth Management has 2,364 clients and manages $1.92 billion for them, as of September 2026. They include 1,778 individual clients, 483 high-net-worth individuals and 90 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 September 2026
What services does SHP Wealth Management offer?
SHP Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, educational seminars, education planning, 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 SHP Wealth Management charge?
SHP Wealth Management charges 0.20%–1.25% a year for its Portfolio Management. Each asset band is charged at its own rate. The fee is negotiable.
Source: ADV PART 2A - SHP WEALTH MANAGEMENT LLC, filed 21 September 2026
Which custodians does SHP Wealth Management use?
SHP Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $1.87B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 September 2026
How many financial advisors does SHP Wealth Management have?
SHP Wealth Management has 32 investment adviser representatives registered with state securities authorities, out of 52 employees, and 32 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 24 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 SHP Wealth Management invest in?
At the end of its last fiscal year, SHP Wealth Management’s separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 8% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns SHP Wealth Management?
SHP Wealth Management is owned through a chain of holding companies by Ohcp VI Enzo Aggregator, L.P. and T-IX Kraken Co-Invest, LP. Its direct owner is SHP Financial Holdco, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 21 September 2026
How does SHP Wealth Management get paid?
SHP Wealth Management is paid through a percentage of assets under management, hourly charges and other compensation. 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 SHP Wealth Management?
SHP Wealth Management’s main office is at 225 Water St, Suite C210, Plymouth, MA 02360. Its phone number is 508-746-2400. Its website is shpfinancial.com.