Claremont Financial Group,inc.
Assets Under Management
$119.0M
Number of Clients
305
Number of Advisors
3
Average Client AUM
$390K
AUM per Advisor
$39.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Claremont Financial Group provides personal financial planning and investment management services. They use third-party investment platforms and may recommend independent managers. Services are tailored to client needs, with investment decisions based on client-provided information. They specialize in serving professionals, pre-retirees, and retirees.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2M+ | 0.50% |
All managed accounts are subject to a 0.05% fee for broker-dealer oversight.
Fee Estimator
Claremont Financial Group charges hourly rates for financial planning services: Gaetano Scalzo - $250/hour, Senior Associate - $100/hour, Paraplanner - $75/hour, Clerical - $30/hour. Investment management fees are based on assets under management, billed quarterly in advance. For Orion clients, there are additional administrative, strategist, and custodian fees. Envestnet fees are in addition to CFG's fee, with a combined fee not exceeding 2%.
Areas of Practice
Location
464 North Indian Hill Blvd., Claremont, CA, 91711-4650