Cabot Wealth Management

Cabot Wealth Management

Cabot Wealth Management launched in 1983 and has operated continuously from Salem, Massachusetts for over four decades. President and Chief Investment Officer Robert Lutts leads the firm, which was built as an independent registered investment adviser before the RIA model became widespread. The firm's longevity places it among the earliest cohort of fee-only planners on the East Coast. Cabot manages assets across individual equities, fixed income, mutual funds, and ETFs, serving individuals, high-net-worth families, and institutional clients. The firm is known for producing its own proprietary market commentary and macroeconomic research, which directly informs client portfolio allocations. Its investment committee shapes asset-class weightings based on internal analysis rather than relying solely on third-party model portfolios — a research-driven approach that distinguishes it from many similarly sized wealth managers. The firm operates from a single headquarters in Salem, with a team built around the research and advisory functions Lutts has cultivated. Cabot maintains no disclosed separate philanthropic foundation or real-asset arm, though its structure as an RIA allows it to offer comprehensive financial planning alongside discretionary portfolio management. The firm's operational continuity without merger or acquisition into a larger roll-up platform is notable within the consolidating RIA landscape. Cabot's structural differentiator is its in-house macro research function embedded inside a retail-focused RIA. Most firms of Cabot's vintage that publish proprietary market research are substantially larger or have since been absorbed by consolidators. Lutts has maintained the research-and-planning combination as a single integrated practice, giving the firm an intellectual-property backbone that supports both client retention and investment-committee decisions.