Clients per advisor for Team firms serving clients in Massachusetts

In Massachusetts, team-based financial advisory firms, which typically consist of 4 to 10 advisors or manage over $500 million in assets, serve a slightly higher median number of clients per advisor—67 compared to the national median of 61. This suggests that advisors in Massachusetts often balance a broader client base while maintaining the collaborative, systematized approach characteristic of team firms. The wider client range, extending up to 290 clients per advisor, indicates a mix of service models from more personalized to highly scalable. For clients, this means Massachusetts firms offer diverse options, from relationship-focused advice to efficient, process-driven services.