A Massachusetts wealth manager has changed its name as part of a wider rebrand.

Tewksbury, MA-based New Wealth Advisors has rebranded as MFA Asset Management in a move the firm says emphasizes its fundamental focus on the management of “assets” that an individual or institution owns or controls.

It also allows the firm to more clearly present itself as a subsidiary of Moody, Famiglietti & Andronico, a CPA and consulting firm in the greater Boston, MA, area, it said.

MFA Asset Management provides wealth management services including asset allocation, investment management and planning that connects tax, retirement, risk management, estate and philanthropic strategies.