Northeast Investment Management Inc
Registered investment adviser · Boston, MA · CRD #105051
Form ADV data as of 2026-09-01Regulatory assets
$3.27 billion
Total accounts
1,651
Employees
25
Disclosure events
1
Firm details
- Website: http://www.northeastinvest.com
- Telephone: 617-523-3588
- SEC file number: 801-22437
- Most recent Form ADV filing: 2026-02-19
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 1 disclosure question answered Yes, covering 1 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- Charged with a felony (past 10 years)
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $3.23 billion |
| Non-discretionary regulatory assets under management | $42.8 million |
| Total regulatory assets under management | $3.27 billion |
| Discretionary accounts | 1,633 |
| Non-discretionary accounts | 18 |
| Total accounts | 1,651 |
| Regulatory assets under management attributable to non-U.S. persons | $48.0 million |
People
| Total employees (excluding clerical) | 25 |
| Employees performing investment advisory functions (including research) | 11 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 10 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $3.17 billion |
| Clients for whom the firm has custody | 1,627 |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 4 |
How the firm is compensated
Advisory services offered
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Receives soft dollar benefits
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 1,077 | $315.2 million |
| High net worth individuals | 549 | $2.82 billion |
| Pension and profit sharing plans (not the participants or government plans) | 4 | $8.8 million |
| Charitable organizations | 12 | $75.8 million |
| Corporations or other businesses not listed above | 6 | $45.9 million |
| Other | 3 | $5.1 million |