Top 3 financial advisor firms in Danvers

3 SEC-registered financial advisor firms are headquartered in Danvers, MA, with $834M in combined regulatory assets under management. The largest by assets are Stonehearth Capital Management ($425M), Morton Wealth Advisors ($306M) and Butterworth Financial ($103M).

3
Financial advisor firms: $834M
Their combined AUM: $306M
Median firm AUM: 810
Clients of the top 3

The 3 largest by assets

1
Stonehearth Capital Management
RIA
$425M
0.25% to 1.25% a year
2
Morton Wealth Advisors
RIA
$306M
Regulatory AUM
3
Butterworth Financial
RIA
$103M
1.00% to 1.50% a year

Profiles of the top 3

No. 1 · RIA

Stonehearth Capital Management

Stonehearth Capital Management is an investment adviser based in Danvers, MA, registered with the SEC since 2007. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $425 million, as filed on 7 March 2026.

Stonehearth Capital Management charges 0.25%–1.25% a year for its Investment Management Services.

Regulatory AUM: $425M
Clients: 490
Advisory staff: 5
Founded: 1982
Fee schedule: 0.25% to 1.25% a year
Custodians: Charles Schwab
Headquarters: 100 Conifer Hill Drive, Ste 105, Danvers, MA 01923
Phone: 978-624-3000
Website: stonehearthcapital.com

No. 2 · RIA

Morton Wealth Advisors

Morton Wealth Advisors is an investment adviser based in Danvers, MA, registered with the SEC since 2018. It provides investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $306 million, as filed on 3 March 2026.

Regulatory AUM: $306M
Clients: 180
Advisory staff: 2
Founded: 2006
Custodians: Fidelity, Interactive Brokers
Headquarters: 55 Ferncroft Road, Suite 305, Danvers, MA 01923
Phone: 781-263-1600
Website: mwa-am.com

No. 3 · RIA

Butterworth Financial

Butterworth Financial is an investment adviser based in Danvers, MA, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $103 million, as filed on 22 January 2026.

Butterworth Financial charges 1.00%–1.50% a year for its Portfolio Management Fees.

Regulatory AUM: $103M
Clients: 140
Advisory staff: 1
Fee schedule: 1.00% to 1.50% a year
Custodians: LPL Financial
Headquarters: 7 Federal Street, Suite 36, Danvers, MA 01923
Phone: 617-792-8492
Website: butterworthfinancial.net

Questions about financial advisors in Danvers

How many financial advisor firms are headquartered in Danvers?

3 SEC-registered financial advisor firms report their principal office in Danvers, MA, managing $834M in regulatory assets between them.

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

What is the largest financial advisor firm in Danvers?

Stonehearth Capital Management, with $425M in regulatory assets under management on its latest Form ADV. The next largest are Morton Wealth Advisors ($306M) and Butterworth Financial ($103M).

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

How large is a typical financial advisor firm in Danvers?

The median firm manages $306M in regulatory assets. That is the midpoint of the 3 firms headquartered in Danvers.

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

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

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

Danvers has 3 financial advisor firms; see every adviser in the city →