Fee-only adviser · North Andover, MA
Connolly Financial Advisors, Inc.
Connolly Financial Advisors, Inc. is a fee-only investment adviser registered with the securities regulators of Massachusetts, Pennsylvania, with its main office in North Andover, Massachusetts. On its latest Form ADV, filed January 26, 2026, it reports $93M in regulatory assets under management, 125 individual clients and 1 employee who gives investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Massachusetts, Pennsylvania |
|---|---|
| Firm CRD number | 148298 |
| Office | 231 Sutton Street Suite 2D-1 North Andover, MA 01845 |
| Phone | (800) 758-1112 |
| Website | connollyfinancialadvisors.com |
| Regulatory assets under management | $93M |
| Individual clients | 79 non-high-net-worth, 46 high-net-worth |
| Financial planning clients | 101-250 |
| How it charges | Percentage of assets, Hourly |
| Services | Financial planning, Portfolio management, Pension consulting |
| Employees | 5 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | January 26, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in North Andover
- Flying Point Financial, Inc. $207M
- Needham Advisory Corporation $102M
- Demers Financial Planning $26M
- French and Skloff Investment Advisors, LLC Not reported
- Massachusetts Wealth Management, LLC $301M
See all 6 fee-only advisers in North Andover →
Nearby
- Andover 7 firms
- Middleton 1 firm
- North Reading 2 firms
- Topsfield 2 firms
- Tewksbury 1 firm
- Wilmington 1 firm
- Haverhill 1 firm
- Reading 1 firm
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