Business Details
20 Years
experience
Your Trusted Financial Partner in North Andover, MA
As a Registered Investment Advisor (RIA), we operate under a fiduciary responsibility to prioritize client financial needs above all else. Our approach combines active asset allocation with a focus on economic cycles and market risks, delivering stock market returns with reduced volatility. We create customized Investment Policy Statements for each client, outlining risk parameters, asset mix, and personal objectives. With over $300 million in assets under management, our fee-based model eliminates conflicts of interest by avoiding commissions and product sales.We maintain transparency through third-party custodians like UBS, Schwab, and Fidelity, while emphasizing long-term buy-and-hold strategies that minimize transaction costs. Our team brings decades of experience in financial planning, portfolio management, and client relationship building, serving individuals, trusts, and charitable organizations with tailored solutions.
Services
Portfolio Management
Investment Advisory
Asset Allocation
Retirement Planning
Trust Services
Details
- Year established: 2006
Highlights and features
- We operate as a Registered Investment Advisor with fiduciary responsibility to clients
- Manage over $300 million in assets with transparent fee-based pricing
- Avoid commissions and product sales to eliminate conflicts of interest
- Implement long-term buy-and-hold investment strategies with active risk management
- Maintain SEC registration and CRD number 160235 for regulatory compliance
Associations and certifications
- SEC
Services
Portfolio Management
Our portfolio management service creates customized investment strategies aligned with individual risk tolerance and financial goals. We actively monitor market conditions while maintaining lower-than-market risk exposure through diversified asset allocation. Clients receive quarterly performance reports and annual portfolio reviews to ensure ongoing alignment with objectives.
Investment Advisory
As fiduciary advisors, we provide comprehensive investment guidance focused on long-term wealth growth. Our SEC-registered team develops tailored strategies using cash equivalents, investment-grade bonds, and S&P-ranked equities. We emphasize economic cycle analysis and risk management while maintaining full transparency through third-party custodians.
Asset Allocation
Our asset allocation service strategically diversifies investments across multiple classes to optimize risk-adjusted returns. We construct portfolios combining cash equivalents, corporate/municipal bonds, and equities while continuously monitoring economic indicators. The approach balances growth potential with capital preservation through disciplined rebalancing and market cycle analysis.
Retirement Planning
We develop comprehensive retirement strategies addressing income needs, tax efficiency, and legacy planning. Our process includes cash flow analysis, risk assessment, and customized investment solutions. We help clients navigate major life milestones while maintaining long-term portfolio stability through our buy-and-hold investment philosophy.
Trust Services
Our trust services provide specialized management for charitable organizations and estate planning needs. We create customized investment policies that align with organizational goals while maintaining fiduciary responsibility. The service includes quarterly reporting, tax-efficient strategies, and collaboration with legal professionals to ensure proper execution of trust directives.
People
Samuel James Conte II
President
President since 2011 with 20+ years in wealth management. Founded MWM in 2006 after roles at Linsco Private Ledger and Reming & Conte Insurance. Holds B.S. in Accounting & Finance from Northeastern University.
Diana Nickerson
Executive Vice President
Executive Vice President since 2012 with 30+ years in financial services. Former Operations Manager at MWM and auditor at Coopers & Lybrand. Holds dual degrees from Bentley University in Computer Information Systems and Accounting.
Kaitlyn O'Neill
Assistant Vice President
AVP since 2022 with prior experience in sales & trading at Barclays. Holds B.S. in Political Science and English from College of the Holy Cross. Serves on Greater Lawrence Community Boating board and teaches fitness classes.
Questions
What services does Massachusetts Wealth Management offer?
We provide portfolio management, investment advisory, asset allocation, retirement planning, and trust services for individuals and organizations.
What is your minimum investment requirement?
Our minimum account opening requirement is $500,000, though this may be negotiable based on specific circumstances.
How are you different from other financial advisors?
As a Registered Investment Advisor, we operate under fiduciary standards with transparent fee-based pricing and no product commissions.
How do you manage investment risk?
We use active asset allocation, economic cycle analysis, and diversified portfolios to maintain lower-than-market risk exposure.
Are you SEC-registered?
Yes, we are registered with the Securities and Exchange Commission under CRD number 160235.
