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Boston Family Office, LLC

Multifamily office listing in Boston, Massachusetts, United States.

  • SEC-registered
  • Founded 1996
Regulatory AUM
$2.0 billion
Employees
17
Clients
0
Founded
1996

Boston Family Office LLC describes itself as an independent investment adviser providing individualized portfolio management and family office support.1

Overview

Boston Family Office LLC is an SEC-registered investment adviser, with registration effective September 17, 1996, under CRD 107141. The firm manages portfolios around each client’s goals, income needs, risk tolerance, tax constraints, and other circumstances.12

History

The firm was founded in 1996 by David Richardson Jr., George Putnam III, Ned Weld, Dick Macklem, George Beal, and Solange Bell. Boston Family Office says it began with $100 million in assets and has grown to more than $1 billion while remaining independent and focused on individualized portfolio management.2

Leadership

George P. Beal is a co-founder, Managing Partner, and Portfolio Manager. Benjamin T. Richardson is a Partner, Portfolio Manager, and Chief Investment Officer. Dylan C. Brix became a Partner in 2026 after joining the firm as a Portfolio Manager in 2020.3

Services

The firm builds and manages individually tailored investment portfolios. Client accounts receive regular communication and are reviewed at least semi-annually by the Investment Committee.4

Boston Family Office also coordinates custody, supports trusts and estates matters, and provides trusted-advisor services for clients seeking periodic advice or help overseeing another trustee. The firm works with BNY Mellon and Fidelity for custody, statements, tax reporting, and online account access.4

What the firm offers

  • Investment management
  • Tax planning
  • Trust and fiduciary
  • Private and alternative investments
  • Cross-border planning

Client Focus

The firm serves clients who want personalized portfolio management and coordinated support for investment, income, tax, trust, estate, and administrative needs. Its service model is designed for circumstances that call for ongoing communication and portfolio oversight.4

Approach

Boston Family Office emphasizes growth-oriented equities, using fixed income and other asset classes to provide balance and stability. Portfolio managers each follow an economic sector and present sector research to the Investment Committee at least three times a year.5

Equity research focuses on quality companies with durable products or services, favorable macroeconomic trends, and strong management teams. Fixed-income decisions consider client needs, issuer credit quality, maturity, and coupon rates, with bond ladders commonly used to spread maturities across multiple years.5

For international investing, real estate, and private equity, the firm uses outside managers and investment vehicles such as exchange-traded funds, mutual funds, and limited partnerships.5

Assets and Minimums

Boston Family Office reports $2,019,164,947 in regulatory assets under management in its Form ADV filed March 2, 2026.6

By the numbers

Regulatory AUM by year$0K$555M$1.1B$1.7B$2.2B2016201720182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 107141. As of .
Regulatory assets under management
YearRegulatory AUMDiscretionaryNon-discretionary
2016$1.0 billion$975 million$38 million
2017$1.1 billion$1.0 billion$92 million
2018$1.3 billion$1.2 billion$106 million
2019$1.2 billion$1.1 billion$97 million
2020$1.4 billion$1.3 billion$109 million
2021$1.7 billion$1.6 billion$96 million
2022$1.9 billion$1.8 billion$82 million
2023$1.6 billion$1.6 billion$32 million
2025$1.9 billion$1.8 billion$47 million
2026$2.0 billion$2.0 billion$60 million
Average AUM per client by year$0K$2M$3M$5M$7M20182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 107141. Regulatory AUM divided by the client count reported in Item 5D. Client types reported as fewer than 5 are not counted, so this is approximate. As of .
Average AUM per client
YearAverage AUM per client
2018$3 million
2019$4 million
2020$5 million
2021$6 million
2022$6 million
2023$5 million
2025$5 million
2026$6 million
Clients by type (2026)High net worth individuals245Individuals87Charities10
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 107141. "<5" means the firm reported fewer than 5 clients of that type. As of .
Clients by type
Client typeClients (2026)
Individuals87
High net worth individuals245
Charities10
Employees by year051015202016201720182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 107141. As of .
Employees reported on Form ADV
YearEmployees
201615
201715
201815
201915
202013
202115
202216
202316
202518
202617

Ranks #5 of 10 SEC-registered firms in MA on MultifamilyOffices.com by regulatory AUM.

Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 107141. Ranking uses only firms profiled on MultifamilyOffices.com. As of .

FAQs

Is Boston Family Office LLC registered with the SEC?

Yes. The firm is an SEC-registered investment adviser with CRD 107141, and its SEC registration became effective September 17, 1996.1

What investment services does Boston Family Office provide?

The firm provides individually managed portfolios tailored to client goals, income needs, risk tolerance, tax constraints, and other circumstances. It also offers custody coordination, trusts and estates support, and trusted-advisor services.4

What investment strategies does the firm use?

The firm emphasizes growth-oriented equities and uses fixed income and other asset classes for balance and stability. Its research process includes sector analysis, quality-company selection, bond ladders, and outside managers or vehicles for international investing, real estate, and private equity.5

  • LocationMultifamily offices in Boston

    This Boston focused directory helps a family or business owner compare local firms offering investment management, tax planning, trust services, and private investments. It can also provide context for questions about family office support, client fit, and cross-border needs when reviewing Boston Family Office LLC and other providers.

  • Network siteEstatePlanner.com

    EstatePlanner.com offers practical guides on wills, trusts, beneficiary designations, and related decisions. A reader considering Boston Family Office LLC can use these materials to prepare questions about tax planning, fiduciary arrangements, estate structures, and coordination with attorneys for a family or business owner's situation.

  • Network siteFamilyOffices.com

    FamilyOffices.com provides resources and a community for single family offices and wealthy families. Its articles can help readers understand governance, investment oversight, private market allocations, and family office responsibilities before discussing portfolio management or support needs with a firm serving affluent families.

  • GuideThe annual MFO review

    The annual MFO review gives readers a recurring look at multifamily office firms, services, and industry developments. Reviewing it can help a Boston family or business owner frame due diligence questions about investment management, tax coordination, fiduciary work, alternative investments, and the scope of ongoing support.

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    Profiles of Ballentine Partners, Diversified Financial Management, and Erskine & Erskine offer comparison points for a reader assessing firms with related services. Looking across their descriptions can help clarify differences in investment approach, family office support, tax and trust coordination, and the types of clients each firm serves.

Sources

  1. SEC Investment Adviser Public Disclosure, Boston Family Office LLC
  2. Boston Family Office, History
  3. Boston Family Office, Our Team
  4. Boston Family Office, Services
  5. Boston Family Office, Approach
  6. Boston Family Office Form ADV, filed March 2, 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.

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