Hedge Fund Database

ABBOT FINANCIAL MANAGEMENT, INC

Adviser information for ABBOT FINANCIAL MANAGEMENT, INC last updated from Form ADV on December 11th, 2023. 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 JUNE
Legal Location Massachusetts, United States

Employees

Total Number of Employees 4
Investment Advisory/Research 3
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 3
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 472 $240.2M
Non-Discretionary 0 $0
Total 472 $240.2M

Clients

Type Number RAUM
Individuals 128 $44.3M
HNW Individuals 63 $185.1M
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 1 $3.5M
Charitable organizations 3 $7.3M
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 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 1-10

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPension consulting services
Compensation % of AUM

Identifiers

SEC RIA File Number 801-19944
SEC ERA File Number 801-19944
SEC CIK Numbers 1714341
SEC CRD Numbers 111040
Legal Entity Identifier None

Principal Office

63 PARK STREET
SUITE 202
ANDOVER
MA
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: (978) 688-9010, Fax: (978) 688-0090

Websites

www.abbotfm.com www.linkedin.com/company/abbot-financial-management-inc/

Chief Compliance Officer

ANDREW J. NOVELLINE
PRESIDENT AND CHIEF COMPLIANCE OFFICER
63 PARK STREET
SUITE 202
ANDOVER
MA
United States
Tel: (978) 688-9010
Fax: (978) 688-0090
(Full email address available in API data)

Regulatory Contact

CHRISTINE ALLEN
OFFICE MANAGER
63 PARK STREET
SUITE 202
ANDOVER
MA
United States
Tel: (978) 688-9010
Fax: (978) 688-0090
(Full email address available in API data)

Industry Affiliates

None

Private Funds

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

Control Persons

Name Type Entity Title Since Ownership
NOVELLINE, ANDREW, JAMES Individual – PRESIDENT AND CHIEF COMPLIANCE OFFICER 07/2005 > 75%

No. Employees, Historic

10502019202020212022202320245 on 9/19/20195 on 11/14/20195 on 6/5/20205 on 9/24/20205 on 12/21/20205 on 9/2/20215 on 6/16/20225 on 9/20/20224 on 1/16/20234 on 9/27/20234 on 10/4/20234 on 12/11/2023

RAUM, Historic

400M200M0201920202021202220232024200282730 on 9/19/2019200282730 on 11/14/2019200282730 on 6/5/2020212992975 on 9/24/2020212992975 on 12/21/2020309418564 on 9/2/2021309418564 on 6/16/2022242650442 on 9/20/2022242650442 on 1/16/2023240197809 on 9/27/2023240197809 on 10/4/2023240197809 on 12/11/2023

No. Clients, Historic

2001000201920202021202220232024172 on 9/19/2019172 on 11/14/2019172 on 6/5/2020180 on 9/24/2020180 on 12/21/2020188 on 9/2/2021188 on 6/16/2022193 on 9/20/2022193 on 1/16/2023195 on 9/27/2023195 on 10/4/2023195 on 12/11/2023

Holdings

From latest 13F, filed August 9th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
NOVARTIS AG SPONSORED ADR 2M 19K –
ISHARES TR RUS 1000 GRW ETF 383K 1K –
AMAZON COM INC COM 3M 14K –
AMERICAN INTL GROUP INC COM NEW 999K 13K –
APPLE INC COM 12M 57K –
BANK AMERICA CORP COM 4M 100K –
CHEVRON CORP NEW COM 1M 7K –
MERCK & CO INC COM 4M 31K –
MICROSOFT CORP COM 15M 34K –
PROCTER AND GAMBLE CO COM 3M 18K –
WALMART INC COM 1M 16K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 4M 22K –
VANGUARD INDEX FDS GROWTH ETF 6M 17K –
VANGUARD WORLD FD HEALTH CAR ETF 1M 5K –
INVESCO EXCHANGE TRADED FD T S&P500 EQL TEC 1M 35K –
ISHARES TR EXPONENTIAL TECH 721K 12K –
ISHARES TR GLOBAL ENERG ETF 771K 19K –
SELECT SECTOR SPDR TR INDL 1M 11K –
NVIDIA CORPORATION COM 10M 80K –
SPDR SER TR PORTFOLIO S&P600 714K 17K –
FIRST TR EXCHANGE TRADED FD NASDAQ CYB ETF 2M 39K –
DEXCOM INC COM 845K 7K –
FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 944K 20K –
NETFLIX INC COM 770K 1K –
MERCADOLIBRE INC COM 845K 514 –
CROWDSTRIKE HLDGS INC CL A 782K 2K –
SELECT SECTOR SPDR TR FINANCIAL 3M 63K –
ASPEN AEROGELS INC COM 601K 25K –
DIAMONDBACK ENERGY INC COM 663K 3K –
SHOPIFY INC CL A 753K 11K –
VANGUARD INDEX FDS TOTAL STK MKT 239K 894 –
CHENIERE ENERGY INC COM NEW 513K 3K –
NOVO-NORDISK A S ADR 515K 4K –
TESLA INC COM 565K 3K –
PENUMBRA INC COM 457K 3K –
ISHARES TR RUSSELL 2000 ETF 3M 13K –
VANGUARD INDEX FDS MID CAP ETF 2M 10K –
3M CO COM 491K 5K –
ABBVIE INC COM 3M 16K –
AFLAC INC COM 1M 15K –
BUNGE GLOBAL SA COM SHS 2M 22K –
CELANESE CORP DEL COM 971K 7K –
CISCO SYS INC COM 3M 66K –
INVESCO EXCHANGE TRADED FD T BIOTECHNOLOGY 940K 15K –
IRON MTN INC DEL COM 998K 11K –
HANCOCK JOHN TAX-ADVANTAGED COM 315K 16K –
JOHNSON & JOHNSON COM 2M 16K –
JPMORGAN CHASE & CO. COM 6M 31K –
KIMBERLY-CLARK CORP COM 1M 9K –
LOCKHEED MARTIN CORP COM 3M 6K –
MORGAN STANLEY COM NEW 2M 18K –
NIKE INC CL B 2M 26K –
PEPSICO INC COM 2M 11K –
PFIZER INC COM 1M 36K –
SELECT SECTOR SPDR TR SBI CONS DISCR 1M 8K –
SELECT SECTOR SPDR TR SBI MATERIALS 1M 12K –
SELECT SECTOR SPDR TR TECHNOLOGY 5M 20K –
SELECT SECTOR SPDR TR SBI INT-UTILS 688K 10K –
VANECK ETF TRUST GOLD MINERS ETF 668K 20K –
VERIZON COMMUNICATIONS INC COM 598K 15K –
CORNING INC COM 2M 45K –
TEXAS INSTRS INC COM 2M 9K –
DISNEY WALT CO COM 975K 10K –
ALPHABET INC CAP STK CL A 7M 36K –
AT&T INC COM 503K 26K –
BLACKSTONE INC COM 3M 26K –
BOEING CO COM 851K 5K –
BRISTOL-MYERS SQUIBB CO COM 396K 10K –
CATERPILLAR INC COM 316K 950 –
CINTAS CORP COM 980K 1K –
ELI LILLY & CO COM 206K 228 –
EMERSON ELEC CO COM 2M 18K –
EXXON MOBIL CORP COM 735K 6K –
MCDONALDS CORP COM 2M 7K –
MEDTRONIC PLC SHS 435K 6K –
SPDR SER TR PRTFLO S&P500 GW 341K 4K –
STATE STR CORP COM 800K 11K –
SELECT SECTOR SPDR TR ENERGY 201K 2K –
FIDELITY MERRIMACK STR TR TOTAL BD ETF 611K 14K –
HOME DEPOT INC COM 3M 8K –
INTEL CORP COM 1M 37K –
VANGUARD WORLD FD COMM SRVC ETF 287K 2K –
PENNANTPARK INVT CORP COM 562K 74K –
SCHLUMBERGER LTD COM STK 732K 16K –
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 268K 4K –
COSTCO WHSL CORP NEW COM 668K 786 –
RTX CORPORATION COM 974K 10K –
CHUBB LIMITED COM 852K 3K –
QUANTA SVCS INC COM 207K 815 –
ADVANCED MICRO DEVICES INC COM 646K 4K –
LYONDELLBASELL INDUSTRIES N SHS - A - 646K 7K –
VANGUARD INDEX FDS VALUE ETF 957K 6K –
INVESCO QQQ TR UNIT SER 1 513K 1K –
AUTODESK INC COM 265K 1K –
SALESFORCE INC COM 609K 2K –
ISHARES TR EXPANDED TECH 269K 3K –
VANGUARD INDEX FDS SM CP VAL ETF 522K 3K –
ABBOTT LABS COM 759K 7K –
APOLLO GLOBAL MGMT INC COM 602K 5K –
ARRAY TECHNOLOGIES INC COM SHS 205K 20K –
CSX CORP COM 803K 24K –
FEDEX CORP COM 2M 6K –
ISHARES TR ISHARES BIOTECH 538K 4K –
PALO ALTO NETWORKS INC COM 2M 5K –
SELECT SECTOR SPDR TR SBI HEALTHCARE 1M 9K –
CONOCOPHILLIPS COM 748K 7K –
STARBUCKS CORP COM 285K 4K –
STRYKER CORPORATION COM 201K 591 –
BERKSHIRE HATHAWAY INC DEL CL B NEW 537K 1K –
KINDER MORGAN INC DEL COM 711K 36K –
ISHARES TR CORE S&P500 ETF 201K 368 –
PARKER-HANNIFIN CORP COM 1M 2K –
SAFETY INS GROUP INC COM 522K 7K –
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 670K 14K –
INVESCO EXCHANGE TRADED FD T FINL PFD ETF 204K 14K –
ALPHABET INC CAP STK CL C 256K 1K –
DIAGEO PLC SPON ADR NEW 243K 2K –
AIR PRODS & CHEMS INC COM 484K 2K –
SPDR S&P 500 ETF TR TR UNIT 647K 1K –
UNDER ARMOUR INC CL A 71K 11K –
INTERNATIONAL BUSINESS MACHS COM 263K 2K –
SELECT SECTOR SPDR TR COMMUNICATION 263K 3K –
UNDER ARMOUR INC CL C 66K 10K –
GRACO INC COM 789K 10K –
TEXAS PACIFIC LAND CORPORATI COM 397K 540 –
SENSEONICS HLDGS INC COM 5K 12K –
CHEMED CORP NEW COM 651K 1K –