Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Loading
Tap on the profile icon to edit
your financial details.

Top Financial Advisors in North Andover, MA

Your Details Done
by Updated

This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding a Top Financial Advisor Firm in North Andover, MA

Finding the right financial advisor can be difficult. That’s why we created a list of the top firms in North Andover. We looked at each firm’s investment strategies, assets under management (AUM), client types, advisory services and more. For more options, use our free financial advisor matching tool. Within minutes, it will connect you with up to three advisors who serve your area. 

Find a Fiduciary Financial Advisor

We match more than 50,000 people with financial advisors per month. Get connected to an advisor that serves your area today.
Free inital consultations. All advisors are fiduciaries.

Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Abbot Financial Management, Inc. Abbot Financial Management, Inc. logo Find an Advisor

Read Review

$309,418,564 No set account minimum
  • Portfolio management
  • Financial planning
  • Pension consulting

Minimum Assets

No set account minimum

Financial Services

  • Portfolio management
  • Financial planning
  • Pension consulting
2 Bradford Financial Services, Inc. Bradford Financial Services, Inc. logo Find an Advisor

Read Review

$177,591,000 No set account minimum
  • Portfolio management
  • Financial planning
  • Pension consulting
  • Selection of other advisors (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops

Minimum Assets

No set account minimum

Financial Services

  • Portfolio management
  • Financial planning
  • Pension consulting
  • Selection of other advisors (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops
3 Flying Point Financial, Inc. Flying Point Financial, Inc. logo Find an Advisor

Read Review

$166,000,000 $500,000
  • Financial planning
  • Portfolio management
  • Pension consulting services
  • Selection of other advisors (including private fund managers)

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting services
  • Selection of other advisors (including private fund managers)

Let us help match you with the right financial advisor for your needs.

Answer a few questions to get a personalized match.
Get started

What We Use in Our Methodology

To find the top financial advisors in North Andover, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure are ranked higher.

All information is accurate as of the writing of this article. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria.

Abbot Financial Management, Inc.

Fee-only firm Abbot Financial Management (AFM) is a private, independent investment firm serving individuals, high-net-worth individuals, trusts, families, estates, charitable organizations, pension, retirement and profit-sharing plans. The firm doesn’t require a minimum account size for clients interested in opening an account.

AFM’s team of four advisors includes three chartered financial analysts (CFAs). Asset-based fees are the sole source of the firm’s compensation. Advisors do no collect commissions for selling financial products and services. 

Abbot Financial Management Background

AFM has been in business as a registered investment advisor since 1983. Andrew Novelline and William Novelline Jr. are the firm’s owners. The former is AFM’s president and chief compliance while the latter serves as chairman and treasurer.

The firm’s advisory services include asset management, retirement plan consulting and financial planning and consulting.

Abbot Financial Management Investment Strategy

AFM typically builds portfolios consisting of exchange-traded funds, individual stocks or bonds, options, mutual funds and other public and private securities. Advisors utilize four key investment strategies, including the Abbot Core Dividend Strategy, Focused Growth Strategy, Fixed Income Strategy and the Global Equity Fund strategy. 

The firm aims to hold securities for the long term. It mainly uses fundamental analysis and technical analysis to evaluate securities.

Bradford Financial Services, Inc.

Bradford Financial Services works with individuals and high-net-worth individuals, corporate pension and profit-sharing plans, Taft-Hartley plans, charitable institutions, foundations, endowments, municipalities, trust programs and banks or thrift institutions. 

Bradford Financial is a fee-based firm, your advisor may earn transaction-based fees on top of client fees. This arrangement can potentially create a conflict of interest, but as a fiduciary, Bradford Financial must work in clients' best interests. Client fees for investment management are based on a percentage of assets and they are fixed or hourly for other advisory services. 

The firm’s only advisor holds the certified financial planner (CFP) designation. Bradford Financial doesn’t specify a minimum account size requirement. 

Bradford Financial Services Background 

Bradford Financial was founded by Haralambos Ignatios Kitsos in 1997. The firm’s key specialties are asset management, financial planning and consulting and third-party investment advisory services. 

For brokerage services, Bradford Financial uses Securities America (formerly known as Securities Service Network, LLC).

Bradford Financial Services Investment Strategy 

Bradford’s methods of securities analysis include charting, fundamental and technical analyses. The firm’s investment strategies include long and short-term purchases, trading, short sales, margin transactions and option writing. 

The firm invests in a range of securities, including equities, corporate debt securities, commercial paper, warrants, municipal securities, investment company securities, U.S. government securities, options contracts and various other securities.

Flying Point Financial, Inc.

Flying Point Financial (FPF), previously known as Morgillo Financial Management, is a fee-only firm that works with individuals and high-net-worth individuals, trusts, estates, pension and profit-sharing plans and corporations. For clients interested in establishing an advisory relationship, the firm requires a $500,000 investment.

Flying Point Financial charges asset-based fees for portfolio management and hourly or fixed fees for its other services. The firm’s team includes one certified financial planner (CFP).

Flying Point Financial Background

Flying Point Financial was founded by Elaine Morgillo (CFP) began operations in 1998. The firm offers portfolio management, financial planning, pension consulting and advisor referral services in its office in North Andover. Elaine Morgillo is the firm’s founder. She and Kevin Kennedy are its principal owners. 

Flying Point Financial Investment Strategy

FPF focuses on what will work best for its clients now and in the future. The firm also strives to invest for the long term, and it practices diversified asset allocation with periodic rebalancing. 

FPF’s Form ADV shows it mainly invests client assets in securities issued by registered investment companies or business development companies. The firm says it offers investment advice in domestic equity securities, bonds, certificates of deposit, commercial paper, mutual funds and exchange-traded funds.

How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.