Nvest Financial, Llc
- Regulatory AUM
- $688M
- Discretionary
- $688M
- Clients
- 809
- Avg AUM / client
- $851K
- Accounts
- 2,066
- Employees
- 16
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 24, 2026
Investments (13F portfolio — 139 positions, $268,412,226)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Ishares Tr | RUS 1000 GRW ETF | $17,484,995 | 41,006 | 6.51% | 2.54% |
| 2 | State Str Spdr S&P 500 Etf T | TR UNIT | $13,299,619 | 20,450 | 4.95% | 1.93% |
| 3 | Apple Inc | COM | $11,631,488 | 45,831 | 4.33% | 1.69% |
| 4 | Ishares Tr | S&P 500 VAL ETF | $11,063,082 | 52,394 | 4.12% | 1.61% |
| 5 | Walmart Inc | COM | $7,320,465 | 58,903 | 2.73% | 1.06% |
| 6 | Alphabet Inc | CAP STK CL A | $7,054,692 | 24,533 | 2.63% | 1.02% |
| 7 | Berkshire Hathaway Inc Del | CL B NEW | $6,951,640 | 14,507 | 2.59% | 1.01% |
| 8 | Victory Portfolios Ii | VCSHS US SMCP HG | $6,855,527 | 111,016 | 2.55% | 1.0% |
| 9 | Nvidia Corporation | COM | $6,778,793 | 38,869 | 2.53% | 0.98% |
| 10 | Tjx Cos Inc New | COM | $6,536,524 | 40,930 | 2.44% | 0.95% |
| 11 | Jpmorgan Chase & Co | COM | $5,802,236 | 19,725 | 2.16% | 0.84% |
| 12 | Etf Ser Solutions | DEFIANCE QUANTUM | $5,786,093 | 53,924 | 2.16% | 0.84% |
| 13 | Vanguard Scottsdale Fds | VNG RUS2000GRW | $5,690,951 | 24,847 | 2.12% | 0.83% |
| 14 | Amazon Com Inc | COM | $5,559,595 | 26,694 | 2.07% | 0.81% |
| 15 | Spdr Gold Tr | GOLD SHS | $5,399,250 | 12,548 | 2.01% | 0.78% |
| 16 | Spdr Series Trust | STATE STREET SPD | $5,094,451 | 52,032 | 1.9% | 0.74% |
| 17 | Ishares Tr | EUROPE ETF | $5,068,314 | 74,600 | 1.89% | 0.74% |
| 18 | Nextera Energy Inc | COM | $4,918,425 | 52,955 | 1.83% | 0.71% |
| 19 | Invesco Qqq Tr | UNIT SER 1 | $4,771,152 | 8,266 | 1.78% | 0.69% |
| 20 | Microsoft Corp | COM | $4,707,312 | 12,717 | 1.75% | 0.68% |
| 21 | Rtx Corporation | COM | $4,634,033 | 24,023 | 1.73% | 0.67% |
| 22 | Invesco Exchange Traded Fd T | S&P SMLCP MOMENT | $4,098,662 | 53,916 | 1.53% | 0.6% |
| 23 | Netflix Inc. | COM | $3,868,067 | 40,230 | 1.44% | 0.56% |
| 24 | Costco Wholesale Corporation | COM | $3,649,330 | 3,662 | 1.36% | 0.53% |
| 25 | Visa Inc | COM CL A | $3,084,033 | 10,204 | 1.15% | 0.45% |
Top 25 of 139 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) | 607 | $204M | 29.6% |
| High net worth individuals | 192 | $468M | 67.9% |
| Pension and profit sharing plans | Fewer than 5 clients | $487K | 0.07% |
| Charitable organizations | 9 | $12.2M | 1.78% |
| Corporations and other businesses | 1 | $4.1M | 0.59% |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Nichole Demetria Raftopoulos | Chief Executive Officer & Chief Compliance Officer | CFP | Jun 2003 (23y) | 50% – 75% |
| Raftopoulos, George, Nmn | President | Sep 2020 (6y) | 25% – 50% | |
| Daphne Larissa Lafazan | Registered representative | CFP | Feb 2022 (4y) | |
| Justin Happ | Registered representative | Apr 2022 (4y) | ||
| Dinon Hughes | Registered representative | CFP | Aug 2022 (4y) | |
| Eileen Marian Monahan | Registered representative | Dec 2024 (2y) | ||
| Kian Pashapour Nikoo | Registered representative | Jul 2026 (0y) |
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) | 03/24/2026 | 1.04 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: DURING THE PERIOD FEBRUARY 8, 2020 THROUGH DECEMBER 24, 2020, NVEST OPERATED AN ADDITIONAL BRANCH OFFICE LOCATION IN BOSTON, MASSACHUSETTS WHILE SEEKING REGISTRATION AS AN INVESTMENT ADVISER IN MASSACHUSETTS. ON JANUARY 4, 2021, WITHOUT ADMITTING OR DENYING THE ALLEGATIONS CONTAINED THEREIN, NVEST ENTERED INTO A CONSENT ORDER WITH THE MASSACHUSETTS SECURITIES DIVISION WHERE IT AGREED TO CEASE AND DESIST FROM FURTHER VIOLATIONS OF SECTIONS 201(C) AND 201(D) OF THE MA UNIFORM SECURITIES ACT AND PAID A $7,000 ADMINISTRATIVE FINE. THE ORDER COVERED NVEST'S FAILURE TO REGISTER AS AN INVESTMENT ADVISER AND ITS FAILURE TO REGISTER AN INVESTMENT ADVISER REPRESENTATIVE, PRIOR TO MAINTAINING A PLACE OF BUSINESS IN MASSACHUSETTS AND PROVIDING INVESTMENT ADVISORY SERVICES TO TWO (2) MASSACHUSETTS CLIENTS, IN VIOLATION OF THE MASSACHUSETTS UNIFORM SECURITIES ACT, MASS. GEN. LAWS CH. 110A ("ACT"), AND THE CORRESPONDING REGULATIONS PROMULGATED THEREUNDER AT 950 MASS. CODE REGS. FOLLOWING THE ENTRY OF THE ORDER, NVEST WAS REGISTERED AS AN INVESTMENT ADVISER IN MASSACHUSETTS AND NICHOLE RAFTOPOULOS WAS REGISTERED AS AN INVESTMENT ADVISER REPRESENTATIVE OF NVEST IN MASSACHUSETTS. Status: Final Sanction Detail: DURING THE PERIOD FEBRUARY 8, 2020 THROUGH DECEMBER 24, 2020, NVEST OPERATED AN ADDITIONAL BRANCH OFFICE LOCATION IN BOSTON, MASSACHUSETTS WHILE SEEKING REGISTRATION AS AN INVESTMENT ADVISER IN MASSACHUSETTS. ON JANUARY 4, 2021, WITHOUT ADMITTING OR DENYING THE ALLEGATIONS CONTAINED THEREIN, NVEST ENTERED INTO A CONSENT ORDER WITH THE MASSACHUSETTS SECURITIES DIVISION WHERE IT AGREED TO CEASE AND DESIST FROM FURTHER VIOLATIONS OF SECTIONS 201(C) AND 201(D) OF THE MA UNIFORM SECURITIES ACT AND PAID A $7,000 ADMINISTRATIVE FINE. THE ORDER COVERED NVEST'S FAILURE TO REGISTER AS AN INVESTMENT ADVISER AND ITS FAILURE TO REGISTER AN INVESTMENT ADVISER REPRESENTATIVE, PRIOR TO MAINTAINING A PLACE OF BUSINESS IN MASSACHUSETTS AND PROVIDING INVESTMENT ADVISORY SERVICES TO TWO (2) MASSACHUSETTS CLIENTS, IN VIOLATION OF THE MASSACHUSETTS UNIFORM SECURITIES ACT, MASS. GEN. LAWS CH. 110A ("ACT"), AND THE CORRESPONDING REGULATIONS PROMULGATED THEREUNDER AT 950 MASS. CODE REGS. FOLLOWING THE ENTRY OF THE ORDER, NVEST WAS REGISTERED AS AN INVESTMENT ADVISER IN MASSACHUSETTS AND NICHOLE RAFTOPOULOS WAS REGISTERED AS AN INVESTMENT ADVISER REPRESENTATIVE OF NVEST IN MASSACHUSETTS. Summary: DURING THE PERIOD FEBRUARY 8, 2020 THROUGH DECEMBER 24, 2020, NVEST OPERATED AN ADDITIONAL BRANCH OFFICE LOCATION IN BOSTON, MASSACHUSETTS WHILE SEEKING REGISTRATION AS AN INVESTMENT ADVISER IN MASSACHUSETTS. ON JANUARY 4, 2021, WITHOUT ADMITTING OR DENYING THE ALLEGATIONS CONTAINED THEREIN, NVEST ENTERED INTO A CONSENT ORDER WITH THE MASSACHUSETTS SECURITIES DIVISION WHERE IT AGREED TO CEASE AND DESIST FROM FURTHER VIOLATIONS OF SECTIONS 201(C) AND 201(D) OF THE MA UNIFORM SECURITIES ACT AND PAID A $7,000 ADMINISTRATIVE FINE. THE ORDER COVERED NVEST'S FAILURE TO REGISTER AS AN INVESTMENT ADVISER AND ITS FAILURE TO REGISTER AN INVESTMENT ADVISER REPRESENTATIVE, PRIOR TO MAINTAINING A PLACE OF BUSINESS IN MASSACHUSETTS AND PROVIDING INVESTMENT ADVISORY SERVICES TO TWO (2) MASSACHUSETTS CLIENTS, IN VIOLATION OF THE MASSACHUSETTS UNIFORM SECURITIES ACT, MASS. GEN. LAWS CH. 110A ("ACT"), AND THE CORRESPONDING REGULATIONS PROMULGATED THEREUNDER AT 950 MASS. CODE REGS. FOLLOWING THE ENTRY OF THE ORDER, NVEST WAS REGISTERED AS AN INVESTMENT ADVISER IN MASSACHUSETTS AND NICHOLE RAFTOPOULOS WAS REGISTERED AS AN INVESTMENT ADVISER REPRESENTATIVE OF NVEST IN MASSACHUSETTS.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Fidelity Brokerage Services $672M (98% of AUM) Mar 2026
- National Financial Services (Fidelity) $509M (97% of AUM) Aug 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: Mar 24, 2026.
View current Form ADV (SEC/IAPD) ↗