Robert Needham is a CFA-designated registered investment advisor at Needham Advisory Corporation, based in North Andover, MA, with 31 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 145 clients with $100M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Needham Advisory charges a percentage of your portfolio's value each year for investment management. The specific rate depends on which fee schedule applies to you, based on when you became a client.
For clients before October 4, 2018 (formerly RBNAC clients):
- 1% annually on assets up to $2,000,000
- 0.5% annually on assets over $2,000,000
- Minimum annual fee of $1,500
For clients before October 4, 2018 (formerly Kimball Capital Management clients):
- 1.25% annually on assets up to $2,000,000
- 1.00% annually on the next $2,000,000
- 0.75% annually on the next $5,000,000
- 0.60% annually on the next $15,000,000
- 0.45% annually on assets over $25,000,000
For clients after October 4, 2018:
- 1.00% annually on assets up to $2,000,000
- 0.75% annually on the next $3,000,000
- 0.50% annually on assets over $5,000,000
Location
861 Turnpike St, North Andover, MA, 01845
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Robert is a director and serves on the advisory board (not management) for Appleton Partners, Inc., an investment management firm, since 1987. He spends minimal time at semi-annual meetings.
Employment History
Current Registrations
Needham Advisory Corporation
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.