Fee-only adviser · Peabody, MA
New England Schooner, Inc.
New England Schooner, Inc. is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Peabody, Massachusetts. On its latest Form ADV, filed March 10, 2026, it reports $165M in regulatory assets under management, 320 individual clients and 4 employees who give 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 | SEC-registered |
|---|---|
| Firm CRD number | 129552 · SEC file 801-133872 |
| Office | 3 Centennial Drive Suite 300 Peabody, MA 01960 |
| Phone | (978) 977-4757 |
| Website | www.neschooner.com |
| Regulatory assets under management | $165M |
| Individual clients | 285 non-high-net-worth, 35 high-net-worth |
| Financial planning clients | 0 |
| How it charges | Percentage of assets |
| Services | Financial planning, Portfolio management, Pension consulting |
| Employees | 4 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 10, 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 charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- 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 sponsors or manages a wrap fee program; ask what the bundled fee covers.
- 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 Peabody
- Rocky Hill Advisors Inc. $102M
Nearby
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- Wakefield 2 firms
- Middleton 1 firm
- Beverly 8 firms
- Marblehead 3 firms
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