Boston Family Advisors, LLC

Overview

Boston Family Advisors LLC is the firm’s legal and primary business name.² The firm’s principal office is in Boston, Massachusetts, and its March 2026 filing reports no additional offices.² SEC registration became effective on 2 August 2023, with Massachusetts and New Hampshire notice filings effective on the same date.³ The firm reported 10 employees in its March 2026 directory record.²

History

Nicholas A. R. Hofer founded Boston Family Advisors in 2018 after 20 years working with private banking clients at Boston Private.¹⁵ Institutional Investor reported that the firm launched in 2018 to establish and operate single family offices for venture capital and private equity professionals and entrepreneurs.¹⁶ In 2021, Laura Tuttle joined as Co Chief Investment Officer alongside Warren Gibbon to work on asset allocation and investment strategies.¹⁶

Timeline

1. 2018Hofer founded Boston Family Advisors in 2018 after 20 years working with private banking clients at Boston Private.
2. 2021In 2021, Laura Tuttle joined as Co Chief Investment Officer alongside Warren Gibbon to work on asset allocation and investment strategies.
3. 2023SEC registration became effective on 2 August 2023, with Massachusetts and New Hampshire notice filings effective on the same date.
4. 2026The firm’s principal office is in Boston, Massachusetts, and its March 2026 filing reports no additional offices.

Leadership

Nicholas A. R. Hofer is listed as President of Boston Family Advisors from October 2018 to the present.¹⁷ His representative record lists earlier employment as Executive Vice President and Chief Corporate Development Officer at Boston Private from September 2001 to May 2018.¹⁷ A 2021 Leader Bank annual report identified Nicholas Hofer as President and Laura Tuttle as Co Chief Investment Officer.¹⁸ Thomas Michael Callahan is listed as Director of Family Wealth Planning from July 2023 to the present.¹⁹ His earlier listed role was Family Office Director from May 2021 to July 2023.¹⁹

Services

The firm’s Form CRS lists Family Office Services, Investment Management Services, and Private Investment Funds for retail investors.⁴ Its reported advisory services include financial planning, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selecting other advisers, and other services.²

The firm’s website lists Trust Administration, Trust Accounting, and Investment Management for families of BFA Family Offices.¹ BFA Family Offices describes itself as a division of Boston Family Advisors LLC.⁵ The website says the firm provides access to established and emerging managers through various private vehicles.¹

BFA states that it manages accounts on a discretionary basis and also offers nondiscretionary investment management.⁴ The firm reviews account investments every quarter under its standard service.⁴ Listed investment advice areas include equities, fixed income, cash and cash equivalents, commodities, real estate, private equity, hedge funds, venture capital, private credit, options contracts, digital assets, individual stocks, and bonds.⁴

What the firm offers

• Investment management
• Financial planning
• Administration and bill pay
• Private and alternative investments

Client focus

The firm’s website describes its work as establishing and operating family offices for a select group of leading investors and entrepreneurs.¹ BFA Family Offices says it designs family offices around each family’s core needs and offers access to emerging private investments, like minded investors, creators, and institutional grade insight.⁵ InvestmentNews described the firm’s focus as wealthy families with substantial private equity and venture capital holdings.¹⁵ That report stated that a typical target client had at least $50 million mostly invested in illiquid assets.¹⁵ The SEC filing reports 38 high net worth individual clients and one pooled investment vehicle.²

Investment philosophy and approach

The firm says it provides access to institutional quality established and emerging managers through private vehicles.¹ BFA Family Offices says its approach is built around each family’s core needs and includes access to private investments, like minded investors, creators, and institutional grade insight.⁵ The firm reports both discretionary and nondiscretionary investment management, with quarterly monitoring of account investments.⁴

Assets and minimums

Boston Family Advisors reported regulatory assets under management of $329,727,932 as of 19 March 2026.² The filing reported $321,765,158 for 38 high net worth individual clients and $7,962,774 for one pooled vehicle.² The firm generally states that it does not require a minimum account size.⁴ Investors generally need at least $100,000 to enter the BFA Private Opportunities Fund I, LP, although the firm may accept a smaller amount.⁴

By the numbers

FAQs

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Sources

1. Boston Family Advisors homepage accessed 23 October 2026.
2. SEC Form ADV accessed 23 October 2026.
3. SEC IAPD firm summary accessed 23 October 2026.
4. BFA Form CRS accessed 23 October 2026.
5. BFA Family Offices accessed 23 October 2026.
6. InvestmentNews accessed 23 October 2026.
7. Institutional Investor accessed 23 October 2026.
8. SEC representative record for Nicholas A. R. Hofer accessed 23 October 2026.
9. Leader Bank 2021 annual report accessed 23 October 2026.
10. SEC representative record for Thomas Michael Callahan accessed 23 October 2026.

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.