Stonehearth Capital Management

Stonehearth Capital Management

Stonehearth Capital Management was established in 2004 by Peter M. D'Angelo in Danvers, Massachusetts, north of Boston. The firm operates as a registered investment advisor and multi-family office built to serve families with concentrated equity positions and complex balance sheets. D'Angelo built the practice around tax-aware portfolio construction and legacy planning, a structural response to the liquidity events common in the Route 128 technology corridor. The firm deploys capital through a manager-of-managers architecture, combining public-market separately managed accounts with private-market fund commitments. Asset classes include domestic large-cap equities, fixed income, private real estate, private credit, and venture capital. The research team selects third-party managers across these categories and layers on direct indexing strategies for tax management. Known private fund relationships include commitments to institutional managers in middle-market buyout and healthcare services. Stonehearth maintains a single office in Danvers and serves families across New England and the broader Northeast. The leadership team includes Arthur T. French, a partner whose tenure extends back to the firm's early years. The firm's professional staff is deliberately compact, reflecting a model where principals remain directly involved in client portfolio construction rather than delegating to a committee layer. Stonehearth's structural differentiator is registered independence. The firm has no proprietary products, no investment-banking affiliate, and no commission-based brokerage arm — an architecture uncommon among Boston-area advisory shops whose parent companies embed asset management or underwriting functions. This product-neutral posture allows the firm to terminate third-party managers without internal conflict, a governance feature that concentrated-wealth families use in evaluating an advisor's alignment.