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Top 3 financial advisor firms in Andover

3 SEC-registered financial advisor firms are headquartered in Andover, MA, with $1.2B in combined regulatory assets under management. The largest by assets are ArborStone Financial ($476M), Cox Capital Management ($361M) and Abbot Financial Management ($359M).

3
Financial advisor firms
$1.2B
Their combined AUM
$361M
Median firm AUM
1,558
Clients of the top 3

The 3 largest by assets

  1. 1
    ArborStone Financial

    RIA

    $476M

  2. 2
    Cox Capital Management

    RIA

    $361M

  3. 3
    Abbot Financial Management

    RIA

    $359M

Profiles of the top 3

No. 1 · RIA

ArborStone Financial

ArborStone Financial is an investment adviser based in Andover, MA, registered with the SEC since 2026. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $476 million, as filed on 6 May 2026.

ArborStone Financial charges 0.50%–1.25% a year for its Wealth Management Services.

Regulatory AUM
$476M
Clients
1,129
Advisory staff
4
Fee schedule
0.50% to 1.25% a year
Custodians
Charles Schwab
Headquarters
10 New England Business Center Drive, Suite 109, Andover, MA 01810
Phone
978-269-6344
Website
arborstonefinancial.com

No. 2 · RIA

Cox Capital Management

Cox Capital Management is an investment adviser based in Andover, MA, registered with the SEC since 2014. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $361 million, as filed on 24 September 2026.

Cox Capital Management charges 0.20%–1.00% for its Investment Management Fees. The brochure does not state whether the rate is annual.

Regulatory AUM
$361M
Clients
216
Advisory staff
4
Founded
1997
Fee schedule
0.20% to 1.00%
Custodians
Fidelity
Headquarters
10 New England Business Center Drive, Suite #102, Andover, MA 01810
Phone
978-475-3325
Website
coxcapitalmanagement.com

No. 3 · RIA

Abbot Financial Management

Abbot Financial Management is an investment adviser based in Andover, MA, registered with the SEC since 1983. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $359 million, as filed on 24 September 2026.

Abbot Financial Management charges 0.50%–1.25% a year for its Asset Management.

Regulatory AUM
$359M
Clients
213
Advisory staff
3
Founded
1983
Fee schedule
0.50% to 1.25% a year
Custodians
Fidelity
Headquarters
63 Park Street, Suite 202, Andover, MA 01810
Phone
978-688-9010
Website
abbotfm.com

Questions about financial advisors in Andover

How many financial advisor firms are headquartered in Andover?

3 SEC-registered financial advisor firms report their principal office in Andover, MA, managing $1.2B in regulatory assets between them. The other 4 advisers headquartered in the city are broker-dealers, other kinds of wealth firm, or fund and institutional managers.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Andover?

ArborStone Financial, with $476M in regulatory assets under management on its latest Form ADV. The next largest are Cox Capital Management ($361M) and Abbot Financial Management ($359M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Andover?

The median firm manages $361M in regulatory assets. That is the midpoint of the 3 firms headquartered in Andover.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Andover charge?

Of the 3 largest firms, 3 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 1.25% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Andover?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

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