Nichols & Pratt, LLP

Nichols & Pratt, LLP

The Partners of Nichols & Pratt are one of only a handful of independent private trustee partnerships (a 200 year-old tradition unique to this city), blending personal service, counsel and sustainable investment results for our clients.

Firm Overview

We act as trustees of family trusts and foundations with no large institutional overhead or bureaucracy.

Investing
We are consistent, experienced, long-term investors. We employ a single investment philosophy throughout the firm, favoring equities, establishing positions over time, and exercising portfolio discipline to avoid trying to "time the market." Our Partners personally review portfolios and investments regularly.

Credentials
Four of our Partners have obtained the Chartered Financial Analyst (CFA) designation, a highly-regarded investment certification. Six Partners are lawyers by training. Each of our Partners has over twenty years of trust experience.
Main Office
Main Office
50 Congress Street, Suite 832
Boston  MA  02109
Phone
  • 617-523-9599
Websites
Estate Planning
Estate Administration
As Personal Representatives, we handle all aspects of estate administration, including working with family members, tax professionals, and outside advisors to ensure the estate is settled quickly and properly.

Thomas E. Bator

Partner

Tom Bator joined Nichols & Pratt in 1992. He is a member of the Firm's Investment Committee and Management Committee. In addition, Tom is a partner of Pratt, Bator & Popov, LLP where he practices trusts and estates law.

Tom has obtained the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute and the Boston Security Analysts Society. Tom is one of three elected Commissioners of Trust Funds for the Town of Weston. Tom is a Fellow of the American College of Trust and Estate Counsel (ACTEC).

A member of the Massachusetts and Boston Bars, Tom has served as a co-chair of the Boston Bar Association Estate Planning Committee and chair of the BBA Trusts and Estates Section New Developments Committee. He is a member of the Boston Probate and Estate Planning Forum, and has been the Secretary for the Massachusetts Prudent Investor Act committee and the Massachusetts Uniform Trust Code committee. Tom has been selected for The Best Lawyers in America.

Tom was a member of the Shady Hill School Development Committee from 2007 to 2010. Tom is a member of the selection panel for the Paul M. Bator Award.

Prior to joining Nichols & Pratt, LLP, Tom practiced law at Palmer & Dodge in Boston and Perkins Coie in Seattle.

Tom graduated from Harvard College, magna cum laude in History and from the University of Chicago Law School.

Tom grew up in Cambridge, Massachusetts. Tom and his wife have three children. Tom was an active soccer coach and plays on an over-40 town team. Tom is the past President of the Weston Soccer Club, on whose Board he served for many years. Tom is the author of Notes From The Has-Been: A Collection of Weekly Soccer Thoughts (2012). Tom was a member of the 1983 National Champion Harvard Squash team.

John K. herbert III

Partner

Jack Herbert joined Nichols & Pratt in 2001. He is a member of the Firm's Investment Committee.

Jack is a member of the Chairman's Council and the Annual Giving Committee of The Trustees of Reservations (the first private, state-wide conservation and preservation organization in the U.S.), having previously served as a member of the Advisory Council and a member of the inaugural steering committee of the Conservation Council (a supporting organization formed in 1998 to attract greater involvement on the part of individuals under age 45 and their families).

Before joining Nichols & Pratt, Jack served as a vice president, shareholder and director of Northeast Investment Management. Prior to his ten-year affiliation with Northeast, Jack practiced trusts and estates law with White & Case, in New York, and Goodwin Procter, in Boston, where he was a member of the Trust Investment Committee. Although his primary focus is serving as a trustee and investment adviser, Jack maintains his membership in the Florida, Massachusetts and New York bars.

Jack graduated from Princeton University in 1978 and the University of Virginia School of Law in 1982. At Princeton, Jack majored in American History and played rugby and freshman lacrosse. During his final year of law school, Jack served as Managing Editor of the Virginia Tax Review (one of the oldest student-run law journals at the University of Virginia, and the only journal to deal exclusively with tax and corporate topics).

Jack lives in Boston with his wife and three children, where he also coaches and serves on the Board of Directors of the Charlestown Lacrosse and Learning Center (an education-oriented, multi-service youth development program).

kimbery H. latifi

Partner

Kim Latifi joined Nichols & Pratt in 2000 and is a member of the Firm's Management Committee. Kim is the Chief Compliance Officer of Nichols & Pratt Advisers, LLP. Kim is also in charge of Trust Operations and serves as a Trustee.

Before joining Nichols & Pratt, Kim started her career in the Trust Department at Bank of New England. She was an assistant vice president of Fleet Bank in the Estate Settlement Unit for several years before joining Northeast Investment Management as a vice president.

Kim serves as a Director of the SEI BSP Board, and is a member of the SEI Executive Networking group. Additionally, she is Treasurer and a chaperone for St. Mary's Parish High School Mission trips.

Kim graduated from Assumption College with a bachelor of arts in French and Foreign Affairs. She grew up in Massachusetts, and currently lives in Holliston with her husband and two children.

James R. nichols

Founder, Partner

Jim Nichols is a founding partner of Nichols & Pratt. He is a member of the Firm's Investment Committee.

Jim has obtained the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute and the Boston Security Analysts Society. Jim is a member of the Massachusetts and Boston Bar Associations.

From 1986 until 2011, Jim was a director of Entergy Corporation. He was a director of the Foxboro Company from 1980 until 1990. Jim is a past Chair and Commissioner of Trust Funds for the Town of Weston and was Chair of the Town's Finance Committee. In addition to serving as a Trustee of a number of private foundations, Jim is a Life Trustee of the Museum of Science in Boston and served the Museum as Treasurer and Chair of its Finance Committee. Jim was a past chair and member of the Investment Management Committee of the Monadnock Community Hospital.

Prior to co-founding Nichols & Pratt, Jim provided investment advice for the Trust Department for Goodwin Procter, and prior to that was a lawyer in the Boston law firm of Herrick & Smith.

Jim graduated Phi Beta Kappa from Dartmouth College, magna cum laude in Economics. Jim graduated from Harvard Law School, where he was a member of the winning Ames Moot Court Competition team in 1963.

Jim grew up in Wellesley, Massachusetts, and has lived in Weston, Massachusetts since 1967. In recent years, Jim has focused his interest on global economic and investment issues and their application to the specific securities held by the firm's Trustees. With a special interest in technological innovations, he has installed and is monitoring LED lighting and solar panels in his home, and owns a Chevrolet Volt (electric drive) car. After walking with his young family over the "4,000 footers" in New Hampshire, he continues to enjoy clearing trails and hiking in his family's Southern New Hampshire woodlands.

Richard K. Nichols

Partner

Richard Nichols joined Nichols & Pratt in 1992. He is a member of the Firm's Investment Committee.

Richard has obtained the Chartered Financial Analyst (CFA) designation. He is a member of the CFA Institute and the Boston Security Analyst Society. Richard is a board member of the Northern Forest Center based in Concord, New Hampshire, as well as a member of the Monadnock Community Hospital investment committee.

Prior to joining Nichols & Pratt, LLP in 1992, Richard taught Physics and Geology at Kimball Union Academy in Meriden, New Hampshire. He is a past Trustee and Treasurer of the Lincoln Land Conservation Trust.

Richard grew up in Weston, Massachusetts, and graduated from Dartmouth College in 1989.

Richard lives in Lincoln with his three children.

Leonard Patenaude

Partner

Leonard Patenaude was an original member of Nichols & Pratt. He is a member of the Firm's Investment Committee.

Leonard obtained the Chartered Financial Analyst designation (CFA) in 1981, and was a CFA examination grader for the Institute of Chartered Financial Analysts at the University of Virginia from 1982 to 1984. For many years, Leonard directed the CFA Candidate preparation program in Boston and taught in its classes. Leonard was President of the Boston Security Analysts Society from 1988 to 1989, served on the Society's Board of Directors from 1983 to 1992, and currently remains a member. He was also a Boston delegate to the Financial Analysts Federation (FAF), a national organization for security analysts which subsequently became the CFA Institute, of which he is also currently a member.

Prior to joining Nichols & Pratt in 1977, Leonard was a composer, and his other work activities ranged from rehearsal pianist for the Boston Ballet to paralegal on Wall Street.

Leonard is a graduate of The New England Conservatory of Music, and also attended the Breadloaf School of English.

Leonard lives in Brookline with his wife, a psychologist, who is the director of psycho-social research at the Dana Farber Cancer Institute. They enjoy music, theatre and traveling.

Patty D. Popov

Partner

Patty Popov joined Nichols & Pratt in 2000. Patty is also a partner of Pratt, Bator & Popov, LLP, where she practices trusts and estates law.

Patty is a member of the Massachusetts Bar, and the American, Massachusetts and Boston Bar Associations. She recently became a member of the Boston Probate and Estate Planning Forum.

Patty is currently a member of the Standing Committee at First Parish Church in Concord. She is also an Overseer for the Concord-Carlisle Community Chest and serves on its Investment Committee.

Prior to joining Nichols & Pratt, Patty practiced law for 10 years at Goodwin Procter in Boston. Patty served for 10 years on the Middlesex School Board of Trustees and for 3 years on the Town of Concord Finance Committee. She served as a Director of the Concord-Carlisle Community Chest, including serving as Treasurer and on its Executive Committee.

Patty graduated from Wesleyan University in 1985 where she earned a Bachelor of Arts degree in Economics. She graduated cum laude from Boston University School of Law in 1989, where in her second year she was named a Liacos Distinguished Scholar. Patty served as Note Editor of the B.U. Law Review and received the American Jurisprudence Award for Federal Taxation and the Prentice-Hall Student Award in Taxation.

Patty grew up in Carlisle, Massachusetts and now lives in Concord with her husband and their two children.

Harold I. Pratt

Founder, Partner

Harry Pratt is a founding partner of Nichols & Pratt and is also a member of the Firm's Management Committee. In addition, Harry is a partner of Pratt, Bator & Popov, LLP where he practices trusts and estate law.

Harry is a member of the Boston Bar Association and formerly served on several BBA subcommittees. In addition, he is an active member of the Boston Probate and Estate Planning Forum, of which he has acted as Moderator. Harry is currently a director of Charles Pratt & Company, a family office in New York, and serves as a Trustee of the Harold Whitworth Pierce Charitable Trust in Boston.

From 1970 through 1985, Harry was a Trustee of Groton School, and was sometime Treasurer and Chair of the Executive Committee. At Harvard, he chaired the 25th Reunion Class Gift of the Harvard College Class of 1959, and has been Treasurer of the Class's reunions since 1989. Harry has served as Trustee of New England Conservatory of Music since 1994, having first served as an Overseer for three years. He was Secretary of the Board of Trustees from 1994 through 2000, and is currently a Life Trustee and Vice Chair of the Advancement Committee. Finally, he has been an Overseer of Mount Auburn Hospital since 2004.

Prior to co-founding Nichols & Pratt, Harry was an associate at Goodwin Procter until January 1968. Shortly after leaving Goodwin Procter, Harry developed Waterford Springs, a small vacation community in northeastern Vermont.

A graduate of Harvard College cum laude, Harry received his LL.B. from Harvard Law School in 1963 where he was a member of the winning Ames Moot Court Competition team.

Harry and his wife Frances enjoy traveling to other lands and preparing slide shows of their adventures which they present to local groups, retirement communities and clubs. Both Harry and Frances enjoy music, modern dance, tennis and snowshoeing.

Preston H. Saunders

Partners

Sandy Saunders joined Nichols & Pratt in 1998.

Sandy is a fellow of the American College of Trust and Estate Counsel (ACTEC). He is a Life Trustee of the Museum of Science, Boston.

Before joining Nichols & Pratt in 1998, Sandy practiced law and was a senior partner of Goodwin Procter, in Boston. Sandy has served as a director of Fiduciary Trust Company, and is a former President of the Appalachian Mountain Club and former Chairman of the Standing Committee and a Life Trustee of The Trustees of Reservations.

Sandy is a graduate of Dartmouth College and Harvard Law School.

Sandy grew up in Providence, Rhode Island, but since his college days has been a resident of Massachusetts, where he married and raised his two children. Still an active outdoorsman, along with his wife Becky, Sandy has hiked extensively in Europe, skied in the Alps, trekked in Patagonia, viewed wildlife in Africa, visited Antarctica, and canoed on many of the lakes and rivers of New England as well as a few far-flung places both in our country and abroad. He also enjoys photography.
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