Firm
Park State Asset Management
Beverly, Massachusetts
Fee-only
Park State Asset Management at a glance
- One of 352 fee-only firms based in Massachusetts in the Wellspent graph.
- 4 advisors are listed here; 2 of 4 hold the CFP.
- Its Form ADV reports 6 employees and 50 individual clients, 32 of them high net worth.
- Its average account is about $1.4 million (assets it manages divided by its 133 accounts).
Fee-only advisors in Massachusetts · What fee-only advisors charge in Massachusetts
Facts
| Based in | Beverly, Massachusetts |
|---|---|
| Website | park-state.com |
| Phone | (978) 529-2395 |
Park State Asset Management fees
Park State Asset Management doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Fixed fees · Performance-based fees |
|---|---|
| Assets managed | $192 million |
| Individual clients | 18 |
| High-net-worth clients | 32 |
| Accounts managed | 133 |
| Employees | 6 |
| Planning clients | 0 |
| Registered with | The SEC (801-132913) |
| Financial planning | Offered |
| Form ADV filed | April 23, 2026 |
| SEC record | CRD 336573 |