New England Investment & Retirement Group, Inc. is a large advisory firm based in North Andover. It manages $523.12 million of regulatory assets for 1,993 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Florida, Maine, and 6 other states.
New England Investment & Retirement Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of New England Investment & Retirement Group, Inc. is $523.12 million. The firm's AUM has grown by 1277% since the beginning of its operation, and $1.09 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay New England Investment & Retirement Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Laura Giacoumakis is high net worth individuals with 136 clients and $332.23 million of assets under management. Among the 11 most similar advisory firms, New England Investment & Retirement Group has the 6th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $511.47 million for 743 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
New England Investment & Retirement Group doesn't advise any private funds.
The company employs 16 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Laura Giacoumakis has been acting as President since 1 May 2007. Brian Christopher Pirri joined the executive team most recently as the Partner.
The principal office where New England Investment & Retirement Group, Inc. performs its advisory services is located at 231 Sutton Street, North Andover, MA 01845, which is also the mailing address of the firm. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 978-975-2559 or by fax 978-975-2789. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at neinv.com.