Northeast Investment Management Inc

Northeast Investment Management, Inc. is an SEC registered investment adviser established in 1984, based in Boston, Massachusetts. The firm offers both discretionary and non-discretionary investment advisory services tailored to individual client needs, including estate planning and trustee services. Clients may impose restrictions on investments. The firm's fee schedule ranges from 0.50% to 1.25% based on the market value of assets under management. NIM manages approximately $2.145 billion in assets, with most accounts under discretionary management. The firm does not charge performance-based fees or manage hedge funds. Clients include individuals, families, trustees, and charitable institutions with a minimum relationship value of $3,000,000. Investment strategies are developed internally and focus on diversification and risk management. NIM does not engage in certain types of transactions and emphasizes client-specific objectives. The firm upholds a Code of Ethics, conducts quarterly account reviews, and has no reportable disciplinary events. NIM has custody relationships with BNY Mellon, Pershing Advisor Solutions, and Fidelity Clearing and Custody Solutions. The majority of accounts are discretionary, with NIM having full investment discretion in most cases. Proxy voting is conducted unless otherwise instructed by clients, and the firm may participate in class action lawsuits on behalf of clients. NIM does not foresee financial conditions impairing its ability to meet commitments.