Hedge Fund Database

FINER WEALTH MANAGEMENT, INC.

Adviser information for FINER WEALTH MANAGEMENT, INC. last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location Massachusetts, United States

Employees

Total Number of Employees 8
Investment Advisory/Research 2
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 2
Licensed Agents of an Insurance Company 1
No. of Firms/People that Solicit Clients 3

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 750 $210.1M
Non-Discretionary 0 $0
Total 750 $210.1M

Clients

Type Number RAUM
Individuals 178 $61.4M
HNW Individuals 49 $133.9M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans 0 $0
Charitable organizations 5 $3.5M
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 22 $11.3M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 11-25

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsADVISORY CONSULTING SERVICES
Compensation % of AUMHourly chargesFixed fees

Identifiers

SEC RIA File Number 801-121773
SEC ERA File Number 801-121773
SEC CIK Numbers 1929071
SEC CRD Numbers 129987
Legal Entity Identifier None

Principal Office

530 LORING AVENUE
SUITE 302
SALEM
MA
United States
Monday - Friday, 9:00-5:00
Tel: 978-740-1011, Fax: 978-744-8240

Websites

www.finer.com/ www.twitter.com/finerwealth www.yelp.com/biz/finer-wealth-management-salem-2 www.finertaxes.com www.finerwealth.com www.linkedin.com/company/finer-wealth-management www.facebook.com/finerwealth www.youtube.com/@finerwealth1866 twitter.com/finer_

Chief Compliance Officer

GARY COON
SENIOR CLIENT SERVICE ADVISOR
530 LORING AVENUE
SUITE 302
SALEM
MA
United States
Tel: 978-740-1011
Fax: 978-744-8240
(Full email address available in API data)

Regulatory Contact

MICHAEL FINER
PRESIDENT, CEO/CIO
530 LORING AVENUE
SUITE 302
SALEM
MA
United States
Tel: 978-740-1011
Fax: 978-744-8240
(Full email address available in API data)

Industry Affiliates

FINER FINANCIAL & TAX, INC. Accountant or accounting firm

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
FINER, MICHAEL, SCOTT Individual – PRESIDENT/CHIEF EXECUTIVE OFFICER/CHIEF INVESTMENT OFFICER 12/1996 > 75%
ANASTOS, STEPHEN, GEORGE Individual – NON-EXECUTIVE 01/2000 10-25%
COON, GARY, MICHAEL Individual – CHIEF COMPLIANCE OFFICER/SENIOR CLIENT SERVICE ADVISOR 09/2014 < 5%

No. Employees, Historic

1050202120222023202420255 on 6/16/20217 on 3/28/20229 on 3/29/20238 on 3/27/2024

RAUM, Historic

300M150M020212022202320242025131986603 on 6/16/2021163871463 on 3/28/2022166301535 on 3/29/2023210096944 on 3/27/2024

No. Clients, Historic

300150020212022202320242025183 on 6/16/2021225 on 3/28/2022262 on 3/29/2023254 on 3/27/2024

Holdings

From latest 13F, filed August 13th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ADVANCED MICRO DEVICES INC COM 3M 17K –
AIR PRODS & CHEMS INC COM 707K 3K –
ALPHABET INC CAP STK CL A 7M 36K –
ALPHABET INC CAP STK CL C 1M 6K –
ALTRIA GROUP INC COM 579K 13K –
AMAZON COM INC COM 8M 44K –
APPLE INC COM 14M 68K –
AT&T INC COM 2M 98K –
BANK AMERICA CORP COM 1M 36K –
BRISTOL-MYERS SQUIBB CO COM 1M 28K –
BRITISH AMERN TOB PLC SPONSORED ADR 372K 12K –
BROADCOM INC COM 591K 368 –
CATERPILLAR INC COM 3M 10K –
CENTERPOINT ENERGY INC COM 342K 11K –
CHEVRON CORP NEW COM 2M 16K –
CISCO SYS INC COM 661K 14K –
COCA COLA CO COM 2M 27K –
DEERE & CO COM 762K 2K –
DISNEY WALT CO COM 513K 5K –
EASTERN BANKSHARES INC COM 393K 28K –
ELI LILLY & CO COM 15M 17K –
ENERGY TRANSFER L P COM UT LTD PTN 2M 140K –
ENTERPRISE PRODS PARTNERS L COM 435K 15K –
EVERSOURCE ENERGY COM 494K 9K –
EXXON MOBIL CORP COM 3M 26K –
FORD MTR CO DEL COM 367K 29K –
GOLDMAN SACHS GROUP INC COM 482K 1K –
GRAYSCALE BITCOIN TR BTC SHS REP COM UT 1M 19K –
HOME DEPOT INC COM 522K 2K –
INTEL CORP COM 2M 76K –
INTUITIVE SURGICAL INC COM NEW 372K 837 –
ISHARES TR CORE S&P500 ETF 450K 823 –
ISHARES TR IBOXX INV CP ETF 674K 6K –
ISHARES TR ISHARES BIOTECH 612K 4K –
ISHARES TR PFD AND INCM SEC 881K 28K –
JOHNSON & JOHNSON COM 971K 7K –
JPMORGAN CHASE & CO. COM 4M 20K –
KIMBERLY-CLARK CORP COM 667K 5K –
KRAFT HEINZ CO COM 1M 38K –
LOCKHEED MARTIN CORP COM 1M 2K –
MCDONALDS CORP COM 2M 8K –
MERCK & CO INC COM 5M 43K –
META PLATFORMS INC CL A 7M 14K –
MICRON TECHNOLOGY INC COM 363K 3K –
MICROSOFT CORP COM 13M 28K –
NETFLIX INC COM 326K 483 –
NVIDIA CORPORATION COM 10M 79K –
PEPSICO INC COM 3M 16K –
PFIZER INC COM 1M 44K –
PROCTER AND GAMBLE CO COM 4M 25K –
ROYAL CARIBBEAN GROUP COM 210K 1K –
RTX CORPORATION COM 640K 6K –
SALESFORCE INC COM 3M 12K –
SCHWAB CHARLES CORP COM 2M 24K –
SCHWAB STRATEGIC TR US DIVIDEND EQ 355K 5K –
SCHWAB STRATEGIC TR US LCAP GR ETF 409K 4K –
SCHWAB STRATEGIC TR US SML CAP ETF 559K 12K –
SOUTHERN CO COM 218K 3K –
SPDR GOLD TR GOLD SHS 949K 4K –
SPDR S&P 500 ETF TR TR UNIT 816K 1K –
SUNCOKE ENERGY INC COM 219K 22K –
SUNOCO LP/SUNOCO FIN CORP COM UT REP LP 2M 27K –
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 2M 12K –
TESLA INC COM 728K 4K –
TEXAS INSTRS INC COM 905K 5K –
THERMO FISHER SCIENTIFIC INC COM 1M 3K –
TILRAY BRANDS INC COM 31K 19K –
UNITED STS OIL FD LP UNITS 381K 5K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 365K 2K –
VERIZON COMMUNICATIONS INC COM 2M 54K –
VISA INC COM CL A 490K 2K –
WALMART INC COM 3M 48K –
WELLS FARGO CO NEW COM 211K 4K –