SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Nichols & Pratt Advisers LLP
Boston, MA
CRD 107113
Firm filing updated August 26, 2026 ·
- $2.4BAssets
- 10Advisory staff
- 642Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- OtherYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
Who the firm serves
- High net worth individuals85
- Individuals21
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 21 | $21.8 million |
| High net worth individuals | 85 | $2.2 billion |
| Other: "TRUST COMPANY, LAW FIRM" | Fewer than 5 clients | $232.5 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for individuals and/or small businesses
Assets and accounts
- Regulatory assets$2.4 billion
- Accounts642
- Discretionary$2.2 billion · 562 accounts
- Non-discretionary$249.2 million · 80 accounts
People
- Employees20
- Advisory staff10
- Broker-dealer reps0
- Licensed insurance agents0
Advisors
2 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 107113, SEC file 801-47618.
- Registered with the SEC as an investment advisor (status date on record: October 11, 1994).
Is Nichols & Pratt Advisers LLP a fiduciary?
Short answer: Nichols & Pratt Advisers LLP is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.