Top 5 financial advisor firms in Beverly

5 SEC-registered financial advisor firms are headquartered in Beverly, MA, with $2.73B in combined regulatory assets under management. The largest by assets are Cabot Wealth Management ($1.22B), Ipswich Investment Management ($730M) and BlueDoor Private Wealth ($337M).

5
Financial advisor firms: $2.73B
Their combined AUM: $337M
Median firm AUM: 1,244
Clients of the top 5

The 5 largest by assets

1
Cabot Wealth Management
RIA
$1.22B
0.75% to 1.25% a year
2
Ipswich Investment Management
RIA
$730M
1.00% to 1.00% a year
3
BlueDoor Private Wealth
RIA
$337M
Regulatory AUM
4
Family Fiduciary Services
RIA
$254M
0.50% to 1.50% a year
5
Park State Asset Management
RIA
$192M
Regulatory AUM

Profiles of the top 5

No. 1 · RIA

Cabot Wealth Management

Cabot Wealth Management is an investment adviser based in Beverly, MA, registered with the SEC since 1983. It provides financial planning and investment management. Its clients include high-net-worth individuals and charitable organizations. Its regulatory assets under management total $1.22 billion, as filed on 25 June 2026.

Cabot Wealth Management charges 0.75%–1.25% a year for its Annual advisory fee.

Regulatory AUM: $1.22B
Clients: 650
Advisory staff: 8
Founded: 1983
Fee schedule: 0.75% to 1.25% a year
Minimum account: $500,000
Custodians: Charles Schwab
Headquarters: 48 Dunham Ridge RD, Suite 2000, Beverly, MA 01915
Phone: 978-745-9233
Website: ecabot.com

No. 2 · RIA

Ipswich Investment Management

Ipswich Investment Management is an investment adviser based in Beverly, MA, registered with the SEC since 1986. It provides investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $730 million, as filed on 16 March 2026.

Ipswich Investment Management charges 1.00% a year for its General fee schedule.

Regulatory AUM: $730M
Clients: 268
Advisory staff: 6
Fee schedule: 1.00% to 1.00% a year
Custodians: Fidelity, Charles Schwab
Headquarters: 138 Conant Street, Suite 201, Beverly, MA 01915
Phone: 978-356-6333
Website: ipswichinvestment.com

No. 3 · RIA

BlueDoor Private Wealth

BlueDoor Private Wealth is an investment adviser based in Beverly, MA, registered with the SEC since 2024. 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 $337 million, as filed on 11 June 2026.

Regulatory AUM: $337M
Clients: 137
Advisory staff: 4
Founded: 2019
Custodians: Charles Schwab, Fidelity
Headquarters: 50 Dunham Ridge, Suite 1250, Beverly, MA 01915
Phone: 781-810-4604
Website: bluedoorprivate.com

No. 4 · RIA

Family Fiduciary Services

Family Fiduciary Services is an investment adviser based in Beverly, MA, registered with the SEC since 2020. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and individual clients. Its regulatory assets under management total $254 million, as filed on 24 August 2026.

Family Fiduciary Services charges 0.50%–1.50% a year for its Discretionary Investment Management Services.

Regulatory AUM: $254M
Clients: 129
Advisory staff: 5
Founded: 2007
Fee schedule: 0.50% to 1.50% a year
Custodians: Fidelity
Headquarters: 900 Cummings Center, Suite 212-U, Beverly, MA 01915
Phone: 978-922-0050
Website: familyfiduciary.net

No. 5 · RIA

Park State Asset Management

Park State Asset Management is an investment adviser based in Beverly, MA, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and corporations and other businesses. Its regulatory assets under management total $192 million, as filed on 23 April 2026.

Regulatory AUM: $192M
Clients: 60
Advisory staff: 4
Custodians: Fidelity, Charles Schwab, Raymond James
Headquarters: 50 Dunham Ridge, Suite 3100, Beverly, MA 01915
Phone: 978-529-2395
Website: park-state.com

Questions about financial advisors in Beverly

How many financial advisor firms are headquartered in Beverly?

5 SEC-registered financial advisor firms report their principal office in Beverly, MA, managing $2.73B in regulatory assets between them. The other 2 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 Beverly?

Cabot Wealth Management, with $1.22B in regulatory assets under management on its latest Form ADV. The next largest are Ipswich Investment Management ($730M) and BlueDoor Private Wealth ($337M).

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

How large is a typical financial advisor firm in Beverly?

The median firm manages $337M in regulatory assets. That is the midpoint of the 5 firms headquartered in Beverly.

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

How much do financial advisors in Beverly charge?

Of the 5 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 1.50% 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 Beverly?

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

Beverly has 5 financial advisor firms; see every adviser in the city →