NORTHEAST INVESTMENT MANAGEMENT INC
Adviser information for NORTHEAST INVESTMENT MANAGEMENT INC last updated from Form ADV on February 28th, 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 | 26 |
|---|---|
| Investment Advisory/Research | 9 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 9 |
| 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 | 1,521 | $2.5B |
| Non-Discretionary | 22 | $53.3M |
| Total | 1,543 | $2.5B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,019 | $285.2M |
| HNW Individuals | 503 | $2.1B |
| 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 | 12 | $60.7M |
| 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 | 6 | $38.6M |
| Other | 3 | $3.6M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 49 |
| No. of Non-U.S. Clients | 1 |
Services
| Advisory Services | Portfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 3.7M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| MANAGED ACCOUNT PROGRAM | RBC CAPITAL MARKETS, LLC |
Principal Office
100 HIGH STREETSUITE 1000
BOSTON
MA
United States
Monday - Friday, 8:45-4:45
Tel: 617-523-3588, Fax: 617-523-5412
Websites
Chief Compliance Officer
RICHARD G. MANOOGIAN
SR VICE-PRESIDENT, TREASURER
100 HIGH STREET
SUITE 1000
BOSTON
MA
United States
Tel:
617-778-5422
Fax:
617-523-5412
R*********@******************M
(Full email address available in API data)
Regulatory Contact
JOHN F. FRANCINI, JR.
SR VICE-PRESIDENT, SECRETARY
100 HIGH STREET
SUITE 1000
BOSTON
MA
United States
Tel:
617-778-5403
Fax:
617-523-5412
J********@******************M
(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 |
|---|---|---|---|---|---|
| MANOOGIAN, RICHARD, GEORGE | Individual | – | CCO, CFO & DIRECTOR | 08/2012 | 10-25% |
| FRANCINI, JOHN, FRANK | Individual | – | DIRECTOR | 08/2012 | 10-25% |
| MULLIGAN, NANCY, MARIE | Individual | – | PRESIDENT & DIRECTOR | 01/2017 | 10-25% |
| OATES, JUSTIN, E | Individual | – | DIRECTOR | 08/2012 | 10-25% |
| LAWRIE, JOHN, ROBERT | Individual | – | DIRECTOR | 01/2019 | 10-25% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 26th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| ABB LTD SP ADR | ADR | 42M | 749K | – |
| ASML HOLDING NV | ADR | 40M | 39K | – |
| BP PLC SP ADR | ADR | 433K | 12K | – |
| NOVARTIS AG SP ADR | ADR | 3M | 32K | – |
| NOVO-NORDISK AS ADR | ADR | 508K | 4K | – |
| VANGUARD ALL WORLD EX-US ETF | ALLWRLD EX US | 4M | 63K | – |
| META PLATFORMS INC CL A | CL A | 50M | 99K | – |
| 3M CO | COM | 879K | 9K | – |
| ABBOTT LABORATORIES | COM | 10M | 97K | – |
| ABBVIE INC | COM | 2M | 12K | – |
| ADOBE SYSTEMS INC | COM | 15M | 26K | – |
| ADVANCED MICRO DEVICES INC | COM | 807K | 5K | – |
| AIR PRODS & CHEMS INC | COM | 3M | 12K | – |
| AKAMAI TECHNOLOGIES INC | COM | 6M | 62K | – |
| ALPHABET INC CL A | COM | 103M | 566K | – |
| ALPHABET INC CL C | COM | 21M | 115K | – |
| AMAZON.COM INC | COM | 108M | 560K | – |
| AMCOR PLC | COM | 3M | 296K | – |
| AMERICAN ELECTRIC POWER INC | COM | 340K | 4K | – |
| AMERICAN TOWER CORP | COM | 36M | 183K | – |
| AMGEN INC | COM | 2M | 5K | – |
| ANALOG DEVICES INC | COM | 246K | 1K | – |
| APOLLO GLOBAL MGMT INC | COM | 236K | 2K | – |
| APPLE INC | COM | 142M | 677K | – |
| ARCHER DANIELS MIDLAND CO | COM | 316K | 5K | – |
| AT&T INC | COM | 958K | 50K | – |
| AUTOMATIC DATA PROCESSING INC | COM | 2M | 7K | – |
| BANK OF AMERICA CORP | COM | 6M | 157K | – |
| BERKSHIRE HATHAWAY INC CL B | COM | 57M | 140K | – |
| BLACKROCK INC | COM | 14M | 18K | – |
| BLACKSTONE INC COM | COM | 27M | 222K | – |
| BOEING CO | COM | 278K | 2K | – |
| BRISTOL-MYERS SQUIBB CO | COM | 380K | 9K | – |
| BROWN FORMAN CORP CL B | COM | 2M | 38K | – |
| CAMBRIDGE BANCORP | COM | 1M | 21K | – |
| CARLYLE GROUP INC | COM | 326K | 8K | – |
| CARRIER GLOBAL CORPORATION | COM | 315K | 5K | – |
| CATERPILLAR INC | COM | 6M | 19K | – |
| CHEVRON CORP | COM | 19M | 120K | – |
| CHIPOTLE MEXICAN GRILL INC | COM | 658K | 11K | – |
| CHUBB LIMITED | COM | 918K | 4K | – |
| CHURCH & DWIGHT INC | COM | 8M | 75K | – |
| CISCO SYSTEMS INC | COM | 2M | 52K | – |
| CLOROX CO | COM | 8M | 62K | – |
| COCA-COLA CO | COM | 2M | 35K | – |
| COLGATE PALMOLIVE CO | COM | 5M | 52K | – |
| COMCAST CORP CL A | COM | 930K | 24K | – |
| CONOCOPHILLIPS | COM | 519K | 5K | – |
| COPART INC | COM | 305K | 6K | – |
| CORNING INC | COM | 542K | 14K | – |
| CORTEVA INC | COM | 213K | 4K | – |
| COSTCO WHOLESALE CORP | COM | 83M | 98K | – |
| CVS HEALTH CORP | COM | 2M | 38K | – |
| DANAHER CORP | COM | 44M | 178K | – |
| DEERE & CO | COM | 21M | 57K | – |
| DISNEY WALT CO | COM | 21M | 216K | – |
| DONALDSON INC | COM | 241K | 3K | – |
| DOW INC | COM | 273K | 5K | – |
| EASTGROUP PROPERTY INC | COM | 221K | 1K | – |
| ECOLAB INC | COM | 1M | 6K | – |
| EDINBURGH WORLDWIDE GBP | COM | 261K | 140K | – |
| ELI LILLY & CO | COM | 46M | 50K | – |
| EMERSON ELECTRIC CO | COM | 2M | 19K | – |
| EOG RESOURCES INC | COM | 298K | 2K | – |
| EXXON MOBIL CORP | COM | 21M | 187K | – |
| FASTENAL CO | COM | 1M | 17K | – |
| FORD MOTOR CO | COM | 154K | 12K | – |
| GE AEROSPACE | COM | 395K | 2K | – |
| GENERAL MILLS INC | COM | 749K | 12K | – |
| GOLDMAN SACHS GROUP INC | COM | 18M | 39K | – |
| HERSHEY CO | COM | 421K | 2K | – |
| HILTON WORLDWIDE HOLDINGS INC | COM | 384K | 2K | – |
| HOME DEPOT INC | COM | 5M | 14K | – |
| HONEYWELL INTL INC | COM | 29M | 135K | – |
| IDEXX LABORATORIES INC | COM | 262K | 538 | – |
| ILLINOIS TOOL WORKS INC | COM | 361K | 2K | – |
| INTEL CORP | COM | 1M | 34K | – |
| INTERNATIONAL FLAVORS & FRAGRA | COM | 447K | 5K | – |
| INTL BUSINESS MACHINES | COM | 1M | 7K | – |
| INTUITIVE SURGICAL INC | COM | 37M | 83K | – |
| JOHNSON & JOHNSON | COM | 28M | 190K | – |
| JPMORGAN CHASE & CO | COM | 41M | 204K | – |
| KELLANOVA COM | COM | 201K | 3K | – |
| KENVUE INC | COM | 2M | 133K | – |
| KIMBERLY CLARK CORP | COM | 801K | 6K | – |
| KKR & CO INC CL A | COM | 1M | 13K | – |
| LOCKHEED MARTIN CORP | COM | 5M | 10K | – |
| LOWES COS INC | COM | 36M | 165K | – |
| LULULEMON ATHLETICA INC | COM | 262K | 878 | – |
| MASTERCARD INCORPORATED CL A | COM | 9M | 19K | – |
| MCDONALDS CORP | COM | 22M | 88K | – |
| MERCK & CO INC | COM | 8M | 61K | – |
| METTLER TOLEDO INTERNATIONAL | COM | 484K | 346 | – |
| MICROSOFT CORP | COM | 116M | 260K | – |
| MONDELEZ INTL INC CL A | COM | 4M | 64K | – |
| NETFLIX INC | COM | 2M | 3K | – |
| NEXTERA ENERGY INC | COM | 29M | 413K | – |
| NIKE INC CL B | COM | 14M | 180K | – |
| NUCOR CORP | COM | 2M | 10K | – |
| NVIDIA CORP | COM | 167M | 1M | – |
| ONEOK INC COM | COM | 302K | 4K | – |
| ORACLE CORP | COM | 1M | 7K | – |
| OTIS WORLDWIDE CORP | COM | 240K | 2K | – |
| PALO ALTO NETWORKS INC | COM | 5M | 15K | – |
| PEPSICO INC | COM | 16M | 95K | – |
| PFIZER INC | COM | 3M | 106K | – |
| PHILIP MORRIS INTL INC | COM | 620K | 6K | – |
| PROCTER AND GAMBLE CO | COM | 17M | 101K | – |
| QUALCOMM INC | COM | 2M | 9K | – |
| RTX CORPORATION | COM | 2M | 16K | – |
| SALESFORCE INC | COM | 281K | 1K | – |
| SERVICENOW INC | COM | 12M | 15K | – |
| SHERWIN WILLIAMS CO | COM | 11M | 36K | – |
| SOUTHERN CO | COM | 201K | 3K | – |
| STARBUCKS CORP | COM | 654K | 8K | – |
| STATE STREET CORP | COM | 487K | 7K | – |
| STIFEL FINANCIAL CORP | COM | 424K | 5K | – |
| SYSCO CORP | COM | 678K | 10K | – |
| T ROWE PRICE GROUP INC | COM | 9M | 81K | – |
| TARGET CORP | COM | 882K | 6K | – |
| TESLA INC | COM | 5M | 24K | – |
| THE CIGNA GROUP COM | COM | 211K | 638 | – |
| THERMO FISHER SCIENTIFIC INC | COM | 48M | 87K | – |
| TJX COS INC | COM | 8M | 77K | – |
| TRAVELERS COMPANIES INC | COM | 395K | 2K | – |
| TYLER TECHNOLOGIES INC | COM | 440K | 875 | – |
| UBER TECHNOLOGIES INC | COM | 2M | 24K | – |
| UNION PACIFIC CORP | COM | 44M | 196K | – |
| UNITED PARCEL SERVICE INC CL B | COM | 6M | 43K | – |
| UNITED RENTALS INC | COM | 15M | 24K | – |
| UNITEDHEALTH GROUP INC | COM | 272K | 535 | – |
| US BANCORP DEL | COM | 720K | 18K | – |
| VERIZON COMMUNICATIONS INC | COM | 1M | 25K | – |
| VISA INC CL A | COM | 68M | 261K | – |
| WABTEC CORP | COM | 251K | 2K | – |
| WALMART INC | COM | 23M | 340K | – |
| WASTE MANAGEMENT INC | COM | 25M | 118K | – |
| WELLS FARGO CO | COM | 519K | 9K | – |
| WEYERHAEUSER CO | COM | 844K | 30K | – |
| WILLIAMS COS INC | COM | 1M | 25K | – |
| XYLEM INC | COM | 200K | 1K | – |
| ACCENTURE PLC IRELAND CLASS A | COM GLOBAL | 39M | 127K | – |
| CANADIAN NATIONAL RAILWAY CO | COM GLOBAL | 331K | 3K | – |
| SCHLUMBERGER LTD | COM GLOBAL | 4M | 94K | – |
| MORGAN STANLEY | COM NEW | 2M | 25K | – |
| MOTOROLA SOLUTIONS INC | COM NEW | 562K | 1K | – |
| VERALTO CORP | COM SHS | 242K | 3K | – |
| ISHARES CORE S&P 500 ETF | CORE S&P 500ETF | 4M | 8K | – |
| ISHARES CORE S&P MCP ETF | CORE S&P MCP ETF | 297K | 5K | – |
| ISHARES CORE S&P TTL STOCK | CORE S&P TTL STK | 623K | 5K | – |
| VANGUARD DIV APPREC ETF | DIV APP ETF | 23M | 127K | – |
| VANGUARD ENERGY | ENERGY ETF | 592K | 5K | – |
| VANGUARD ESG US STOCK ETF | ESG US STF ETF | 630K | 7K | – |
| VANGUARD FTSE DEV MKT ETF | FTSE DEV MKT ETF | 8M | 166K | – |
| VANGUARD FTSE EMERG MKT ETF | FTSE EMR MKT ETF | 10M | 225K | – |
| VANGUARD HIGH DIV YIELD | HIGH DIV YLD | 475K | 4K | – |
| VANGUARD LARGE CAP ETF | LARGE CAP ETF | 9M | 36K | – |
| VANGUARD MID CAP ETF | MED CAP ETF | 16M | 66K | – |
| VANGUARD MEGA GROWTH IND | MEGA GRWTH IND | 9M | 30K | – |
| ISHARES MSCI EAFE ETF | MSCI EAFE ETF | 982K | 13K | – |
| ISHARES MSCI EMERG MKT ETF | MSCI EMG MKT ETF | 1M | 34K | – |
| VANGUARD REAL ESTATE ETF | REAL ESTATE ETF | 419K | 5K | – |
| ISHARES RUS MID CAP ETF | RUS MID CAP ETF | 356K | 4K | – |
| ISHARES RUSSELL 1000 GROWTH ET | RUSS 1000 GRW ETF | 2M | 5K | – |
| ISHARES RUSSELL 1000 VAL ETF | Russ 1000 Val ETF | 1M | 9K | – |
| ISHARES RUSSELL 2000 ETF | RUSSELL 2000 ETF | 377K | 2K | – |
| VANGUARD S&P 500 ETF | S&P 500 ETF SHS | 37M | 74K | – |
| ISHARES S&P MC 400GR ETF | S&P MC 400GR ETF | 300K | 3K | – |
| ISHARES SELECT DIV ETF | SELECT DIVID ETF | 248K | 2K | – |
| SPOTIFY TECHNOLOGY SA | SHS | 2M | 8K | – |
| VANGUARD SMALL CAP ETF | SMALL CP ETF | 18M | 83K | – |
| VANGUARD SMALL CAP GROWTH ETF | SML CP GRW ETF | 529K | 2K | – |
| UNILEVER PLC SP ADR | SPON ADR NEW | 990K | 18K | – |
| SHELL PLC SPON ADS | SPON ADS | 1M | 16K | – |
| TAIWAN SEMICONDUCTOR MFG LTD S | SPONSORED ADS | 764K | 4K | – |
| VANGUARD SHORT TERM INFL PROT | STRM INFPROIDX | 561K | 12K | – |
| SELECT SECTOR SPDR TR TECHNOLO | TECHNOLOGY | 602K | 3K | – |
| VANGUARD TOTAL STOCK MKT | TOTAL STK MKT | 2M | 6K | – |
| SPDR S&P 500 ETF TR | TR UNIT | 2M | 4K | – |
| INVESCO QQQ TR UNIT SER 1 | UNIT SER 1 | 2M | 3K | – |
| VANGUARD UTILITIES ETF | UTILITIES ETF | 369K | 2K | – |
| VANGUARD VALUE ETF | VALUE ETF | 2M | 14K | – |