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Boston Research & Management Inc.

CIK:0001259261
Investment Adviser
$582M AUM
116 holdings
Manchester-by-the-Sea, MA, United States
Founded:1991
8 employees
Latest filing:Jun 30, 2025

Boston Research & Management, Inc. is an independent, fee-only fiduciary Registered Investment Adviser (RIA) headquartered in Manchester-by-the-Sea, Massachusetts. Founded by Raymond J. Stecker, Jr. in 1991, the firm has grown into one of New England’s premier comprehensive wealth management firms, serving high net worth families, individuals, and endowments. With around 7-8 employees, BRM specializes in holistic financial planning, investment management, and wealth advisory services, always maintaining independence and transparency for its clients.

Investment Strategy

Boston Research & Management employs a holistic, client-centric approach, focusing on customized investment portfolios that are aligned with clients’ specific goals, risk tolerances, and financial circumstances. The firm acts as an independent fiduciary, avoiding conflicts of interest by refusing product commissions and referral fees. Their strategy integrates rigorous independent research, macroeconomic analysis, diversification, and long-term wealth preservation, complemented by expertise in financial, tax, and estate planning. Transparency and direct client access to decision makers are core to their philosophy.

Top Buys
M
MSFTMicrosoft Corp
+$4.8M
N
NVDANvidia
+$2.0M
J
JPMJ.P. Morgan Chase & Co.
+$1.4M
I
IVViShares Core S&P 500 ETF
+$1.3M
D
DISWalt Disney Co
+$1.2M
Top Sells
A
ABBVAbbVie Inc.
-$1.2M
B
BRK-BBerkshire Hathaway Inc. Class
-$960.0K
A
AAPLApple Inc.
-$821.0K
X
XLEAMEX Energy Sector SPDR
-$781.0K
G
GISGeneral Mills Inc Com
-$686.0K

Top Holdings

M
MSFTMicrosoft Corp
+4.9%$20.6M
I
IVViShares Core S&P 500 ETF
+4.4%$18.4M
W
WMTWal-Mart Stores
+3.0%$12.7M
A
AAPLApple Inc.
+2.8%$11.7M
M
MAMastercard, Inc.
+2.7%$11.5M

Equity Positions (116)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
M
MSFT
Microsoft Corp4.92%$20.6M41,401$33.21$497.41+$4.8M
I
IVV
iShares Core S&P 500 ETF4.40%$18.4M29,623$274.81$620.90+$1.3M
W
WMT
Wal-Mart Stores3.03%$12.7M129,461$23.14$97.78+$1.1M
A
AAPL
Apple Inc.2.81%$11.7M57,218$28.00$205.17-$821.0K
M
MA
Mastercard, Inc.2.74%$11.5M20,421$74.14$561.94+$65.0K

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+6.7%
SERVICES-PREPACKAGED SOFTWARE
+6.5%
RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY
+4.3%
SERVICES-BUSINESS SERVICES, NEC
+4.1%
NATIONAL COMMERCIAL BANKS
+3.5%