New Frontier Advisors, LLC (Boston)

Name: New Frontier Advisors, LLC
Address: 155 Federal Street, Boston, MA, 02110
Telephone: 617-482-1433

New Frontier Advisors, LLC is a large advisory firm based in Boston. It manages $2.99 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Massachusetts.

New Frontier Advisors provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

New Frontier Advisors: assets under management

The assets under management (AUM) of New Frontier Advisors, LLC is $2.99 billion. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay New Frontier Advisors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients New Frontier Advisors serves?

The only and largest group of clients of New Frontier Advisors is other investment advisers with 6 clients and $2.99 billion of assets under management. Among the 4 most similar advisory firms, New Frontier Advisors has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $2.99 billion for 6 clients. None of the firm’s clients are foreign persons or businesses.

New Frontier Advisors doesn't advise any private funds.

Careers at New Frontier Advisors, LLC

The company employs 16 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Omer Michaud	Manager, president and chairman	1 Jun 1999	Other	4726670
Matthew Vassar Pierce	Chief compliance officer	1 Jun 1999	Other	4726664
Robert Omer Michaud	Manager and chief investment officer	1 Jan 2001	Other	4726690
Llc New Frontier Management Company	Direct owner	1 Jul 2008	75% - 100%	147181
David Nathaniel Esch	Managing director - research	1 Jan 2011	Other	6841555
Shevawn Rae Hardesty	Chief compliance officer	1 Sep 2011	Other	5980717
Alisa Kuno	Cfo and chief compliance officer	1 Oct 2015	Other	6624301
Richard Michaud 2017 Trust	Member	1 Aug 2017	50% - 75%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Richard Omer Michaud	President and ceo	1 Jan 2008	Other	4726670
Robert Omer Michaud	Chief investment officer	1 Jan 2008	Other	4726690
Matthew Vassar Pierce	Treasurer	1 Jan 2008	Other	4726664

Based in Boston

The principal office where New Frontier Advisors, LLC performs its advisory services is located at 155 Federal Street, Boston, MA 02110, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-482-1433 or by fax 617-482-1434. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at newfrontieradvisors.com.