Founded in 1977, Nichols & Pratt, LLP is managed by its partners who act as trustees for individuals and families. As trustees, we assume responsibility for the investment and custody of trust assets, record keeping for tax and probate purposes, and the exercise of discretion as to payments of income or principal.
Each client is unique. Because the individual partners of the firm act as trustees, it is possible for us to establish a personal connection with each family that enables us to personalize every decision we make. Generally, relationships are created to last for generations.
Partners of Nichols & Pratt, LLP also serve as executors of estates. We are able to complete all aspects of estate administration internally. Where clients are interested in a private foundation, Nichols & Pratt, LLP can provide a full line of services. Our capabilities include not only managing the foundation's assets, but also, through our own foundation office, developing and implementing strategies to realize the client's charitable wishes.
The partners of Nichols & Pratt, LLP through their registered investment advisory affiliate, Nichols & Pratt Advisers, LLP, offer investment advice as well as complete support services to individuals, to family trustees and to trust departments.
Specific Areas of Practice for our Boston office: