DFX Intelligence

Data Factory

RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

ABBOT FINANCIAL MANAGEMENT, INC

CRD 111040

ANDOVER, MA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:c02c2cd9-ba2c-b6aa-fd5e-7a1b621a8b6f

Data as of Sep 24, 2025 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:54 AM UTC and rebuilt at most every 15 minutes.

Relationships: 4
Dated events: 1
On other graphs: 0
Observed: Mar 21, 2012 to Sep 24, 2025
24 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $303MItem 5.F on the latest filing (2025-09-24); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $303M
Private client RAUM: $294MderivedItem 5.D individuals plus high net worth individuals
Private client share: 97%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $101Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 4
Advisory employees: 3
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 515
Individual clients: 116
High net worth clients: 86
SEC number: 801-19944
CIK: 1714341
CRD: 111040
Filings on the tape: 24
First filed: Mar 21, 2012
Latest filed: Sep 24, 2025
Organised: Corporation, MA
Website: abbotfm.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
ANDREW JAMES NOVELLINE	Chartered Financial Analyst	ANDOVER, MA	21	21	n/a	no
ROBERT ALAN MCLEMORE	n/a	PAWLEY'S ISLAND, SC \| ANDOVER, MA	19	42	n/a	no
DENNIS CARL WASSUNG	Chartered Financial Analyst	ANDOVER, MA	7	18	2	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
NOVELLINE, ANDREW, JAMES	PRESIDENT AND CHIEF COMPLIANCE OFFICER	E	yes	07/2005	Mar 21, 2012	Sep 20, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
n/a	n/a	n/a	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2024	Sep 20, 2024	$274M	$274M	4	3	1	n/a	n/a
2023	Sep 27, 2023	$240M	$240M	4	3	1	n/a	n/a
2022	Sep 20, 2022	$243M	$243M	5	4	1	n/a	n/a
2021	Sep 2, 2021	$309M	$309M	5	4	1	n/a	n/a
2020	Sep 24, 2020	$213M	$213M	5	4	1	n/a	n/a
2019	Sep 19, 2019	$200M	$200M	5	4	1	n/a	n/a
2018	Sep 28, 2018	$188M	$188M	4	3	1	n/a	n/a
2017	Sep 29, 2017	$173M	$173M	4	3	n/a	n/a	n/a
2016	Sep 29, 2016	$153M	$151M	4	3	n/a	n/a	n/a
2015	Sep 28, 2015	$155M	$153M	4	3	n/a	n/a	n/a
2014	Sep 26, 2014	$159M	$157M	4	3	n/a	n/a	n/a
2013	Sep 27, 2013	$139M	$137M	4	3	n/a	n/a	n/a
2012	Sep 27, 2012	$122M	$120M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2024	$303M	$240M	26.1%	$309M	-0.7%	4	4	1	1

Relationships

Registered with (3)

← DENNIS CARL WASSUNGAdvisorregistration: current employment
Jul 9, 2019 to presentfactForm ADV
← ROBERT ALAN MCLEMOREAdvisorregistration: current employment
Nov 20, 2006 to presentfactForm ADV
← ANDREW JAMES NOVELLINEAdvisorregistration: current employment
Feb 1, 2005 to presentfactForm ADV

Controls (1)

← NOVELLINE, ANDREW, JAMESOwnerPRESIDENT AND CHIEF COMPLIANCE OFFICER, ownership code E, individual
Mar 21, 2012 to Sep 20, 2024factForm ADV

Dated events

Occurred
Sep 2, 2021
Control person left
Thomas William Novelline (Chairman/Treasurer) no longer on Schedule A of Abbot Financial Management, Inc (listed 2020-12-21, absent 2021-09-02)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:c02c2cd9-ba2c-b6aa-fd5e-7a1b621a8b6f
First observed: Mar 21, 2012
Last observed: Sep 24, 2025 12 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

ABBOT FINANCIAL MANAGEMENT, INC

CRD 111040

ANDOVER, MA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:c02c2cd9-ba2c-b6aa-fd5e-7a1b621a8b6f

Data as of Sep 24, 2025 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:54 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

ANDREW JAMES NOVELLINE

Chartered Financial Analyst

ANDOVER, MA

n/a

ROBERT ALAN MCLEMORE

n/a

PAWLEY'S ISLAND, SC | ANDOVER, MA

n/a

DENNIS CARL WASSUNG

Chartered Financial Analyst

ANDOVER, MA

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

NOVELLINE, ANDREW, JAMES

PRESIDENT AND CHIEF COMPLIANCE OFFICER

yes

07/2005

Mar 21, 2012

Sep 20, 2024

City

State

Country

Employees

Also broker-dealer

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2024

Sep 20, 2024

$274M

n/a

2023

Sep 27, 2023

$240M

n/a

2022

Sep 20, 2022

$243M

n/a

2021

Sep 2, 2021

$309M

n/a

2020

Sep 24, 2020

$213M

n/a

2019

Sep 19, 2019

$200M

n/a

2018

Sep 28, 2018

$188M

n/a

2017

Sep 29, 2017

$173M

n/a

2016

Sep 29, 2016

$153M

$151M

n/a

2015

Sep 28, 2015

$155M

$153M

n/a

2014

Sep 26, 2014

$159M

$157M

n/a

2013

Sep 27, 2013

$139M

$137M

n/a

2012

Sep 27, 2012

$122M

$120M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2024

$303M

$240M

26.1%

$309M

-0.7%