Beaumont Financial Partners
Assets Under Management
$3.4B
Number of Clients
1,751
Number of Advisors
13
Average Client AUM
$1.9M
AUM per Advisor
$259.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Beaumont Financial Advisors delivers wealth management and family office services, including tax preparation and financial planning, to affluent individuals, families, small businesses, and select institutions. They tailor investment advice based on client financial situations, objectives, and risk tolerance, investing in equities, bonds, mutual funds, and ETFs.
Fee Structure
Beaumont's annual investment management fee is up to 1% of the market value of assets under management for diversified accounts. Non-diversified accounts may be charged a reduced rate, typically 0.50%. Fees are negotiable based on factors like assets managed, account composition, and complexity. Basic financial planning is typically offered at no additional fee to investment management clients. Tax preparation services are offered for a standalone fee, or bundled into the management fee. A minimum account asset level of $250,000 is generally required, but may be reduced or waived.
Areas of Practice
Location
250 1st Avenue, Suite 101, Needham, MA, 02494