Abbot Financial Management, Inc
- Regulatory AUM
- $303M
- Discretionary
- $303M
- Clients
- 202
- Avg AUM / client
- $1.5M
- Accounts
- 515
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Sep 24, 2025
Investments (13F portfolio — 137 positions, $239,424,031)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Apple Inc | COM | $13,986,138 | 55,109 | 5.84% | 4.62% |
| 2 | Microsoft Corp | COM | $12,722,595 | 34,370 | 5.31% | 4.2% |
| 3 | Nvidia Corporation | COM | $12,173,800 | 69,804 | 5.08% | 4.02% |
| 4 | Alphabet Inc | CAP STK CL A | $10,177,956 | 35,394 | 4.25% | 3.36% |
| 5 | Jpmorgan Chase & Co | COM | $9,045,508 | 30,750 | 3.78% | 2.99% |
| 6 | Vanguard Index Fds | GROWTH ETF | $7,555,069 | 17,297 | 3.16% | 2.49% |
| 7 | Corning Inc | COM | $5,566,612 | 40,940 | 2.33% | 1.84% |
| 8 | Select Sector Spdr Tr | STATE STREET TEC | $5,106,683 | 38,425 | 2.13% | 1.69% |
| 9 | Cisco Sys Inc | COM | $4,805,956 | 61,940 | 2.01% | 1.59% |
| 10 | Bank America Corp | COM | $4,732,811 | 97,083 | 1.98% | 1.56% |
| 11 | Vanguard Specialized Funds | DIV APP ETF | $4,638,543 | 21,569 | 1.94% | 1.53% |
| 12 | Merck & Co Inc | COM | $4,459,295 | 37,071 | 1.86% | 1.47% |
| 13 | Lockheed Martin Corp | COM | $3,952,529 | 6,540 | 1.65% | 1.3% |
| 14 | Select Sector Spdr Tr | STATE STREET FIN | $3,915,150 | 79,302 | 1.64% | 1.29% |
| 15 | Blackstone Inc | COM | $3,672,367 | 31,936 | 1.53% | 1.21% |
| 16 | Johnson & Johnson | COM | $3,648,267 | 14,925 | 1.52% | 1.2% |
| 17 | Amazon Com Inc | COM | $3,607,382 | 17,321 | 1.51% | 1.19% |
| 18 | Abbvie Inc | COM | $3,154,475 | 14,504 | 1.32% | 1.04% |
| 19 | Morgan Stanley | COM NEW | $2,842,947 | 17,275 | 1.19% | 0.94% |
| 20 | Home Depot Inc | COM | $2,791,092 | 8,486 | 1.17% | 0.92% |
| 21 | First Tr Exchange Traded Fd | NASDAQ CYB ETF | $2,748,205 | 43,845 | 1.15% | 0.91% |
| 22 | Novartis Ag | SPONSORED ADR | $2,735,096 | 17,906 | 1.14% | 0.9% |
| 23 | First Tr Exchange Traded Fd | FST LOW OPPT EFT | $2,691,304 | 54,031 | 1.12% | 0.89% |
| 24 | Vanguard Index Fds | MID CAP ETF | $2,639,759 | 9,192 | 1.1% | 0.87% |
| 25 | Procter & Gamble Co | COM | $2,634,860 | 18,242 | 1.1% | 0.87% |
Top 25 of 137 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 116 | $38.0M | 12.5% |
| High net worth individuals | 86 | $256M | 84.6% |
| Charitable organizations | Fewer than 5 clients | $8.8M | 2.9% |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Andrew James Novelline | President And Chief Compliance Officer | CFA | Feb 2005 (22y) | 75% or more |
| Robert Alan Mclemore | Registered representative | Nov 2006 (20y) | ||
| Dennis Carl Wassung | Registered representative | CFA | Jul 2019 (7y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 09/24/2025 | 966 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- National Financial Services (Fidelity) $302M (100% of AUM) Sep 2025
- Pershing $78.8M (37% of AUM) Dec 2020
- TD Ameritrade $22.3M (10% of AUM) Dec 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Sep 24, 2025.
View current Form ADV (SEC/IAPD) ↗