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Andrew Novelline joined Abbot Financial Management in September 1999 as an investment advisor. Prior to that, he spent two years working for Thomas Real Estate Advisors, Inc. in San Francisco as a financial analyst and project manager. He worked extensively on projects for the Pacific Stock Exchange and Stanford University. He also worked at First Call Corp. in Boston as a research analyst.

Mr. Novelline is actively involved in the day-to-day management of client portfolios and assists in the firm’s research efforts. He conducts periodic reviews with clients and is also responsible for the internal operations of the firm.

Mr. Novelline is a graduate of Boston College’s Carroll School of Management. He has been awarded his Chartered Financial Analyst (CFA) designation and is a member of the Boston Security Analyst Society and the CFA Institute.


Andrew J Novelline, CFA


Robert A. McLemore  is responsible for the day-to-day management of client portfolios. He conducts periodic reviews of accounts with clients and updates their investment objectives in one-on-one meetings, and assists in the firms’ research efforts.

Mr. McLemore has been in the investment business since 1984.  Before joining Abbot Financial Management in May 2000, he was a Financial Consultant with Solomon Smith Barney for thirteen years.  While there, he worked with high net worth clients and business owners, and has experience in the equities and fixed income markets.  Prior to that, he was an Account Executive with Merrill Lynch & Co. for three years.

Before entering the investment business, Mr. McLemore was President of International Energy Engineering, Inc., a firm that provided consulting services to the electric power generation industry, as well as various other commercial and industrial clients.  He is a graduate of Wentworth Institute and is a Registered Professional Engineer.


Robert A. McLemore

Dennis C. Wassung joined Abbot Financial Management in June 2019 as a Portfolio Manager and Wealth Advisor.  Dennis has 20 years of experience in the investment management industry, specializing in portfolio management, investment analysis and research. 


Dennis recently spent two years building a wealth management practice at Essex Private Wealth Management (formerly Huntwicke Advisors).  Prior to Essex Private, Dennis spent eight years at Cabot Wealth Management as a global portfolio manager and equity analyst, managing over $120 million in separate accounts for high net worth clients.

Before moving into the wealth management industry with Cabot over 10 years ago, Dennis spent eight years as an equity research analyst, covering technology stocks at Canaccord Genuity (formerly Adams, Harkness & Hill) in Boston.  Prior to his career in the investment management industry, Dennis spent six years as a mechanical design and manufacturing engineer at Teradyne.

Dennis graduated from Rensselaer Polytechnic Institute with a Bachelor of Science in Mechanical Engineering,  and earned an MBA from the University of Southern California Marshall School of Business.  He holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute and CFA Society Boston.

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Dennis C. Wassung, Jr., CFA

William T. Novelline -  Founder

It is with heavy hearts that we announce the death of my father, Bill Novelline, this past December.   After working in the financial industry for 20 years in various roles, Bill founded Abbot Financial Management in 1983 using our dining room as his conference table.  He had a passion for the investment world, but he also wanted to do things the “Right” way and that meant always putting the needs of clients first and foremost.  He took great joy in working with individuals and families, learning their stories and helping them attain their financial goals.  


In my early days working with my father, I had several colleagues tell me that he was a man with as much integrity in the finance industry as anyone they knew.  That never changed with Bill throughout his personal or professional life. 


Those of us here at Abbot will continue to honor Bill's legacy with the tenets of trust and integrity that he set forth.  He was a colorful man with a heart of gold.  He will be missed, but not forgotten.


Andrew J Novelline, January 2023


Andrew & Bill

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