Claris Advisors, LLC
Assets Under Management
$800.7M
Number of Clients
320
Number of Advisors
4
Average Client AUM
$2.5M
AUM per Advisor
$200.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Claris Advisors manages portfolios for individuals, trusts, charities, businesses, and retirement plans. They create investment policy statements, monitor portfolios, and offer financial planning services including tax, retirement, and estate planning. They also provide consulting services through an affiliated CPA firm.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.85% |
| $250K - $500K | 1.25% |
| $500K - $1000K | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Client accounts where the total balance of all accounts is less than $250,000 will be accepted only on a case by case basis.
Fee Estimator
Investment management fees are based on a percentage of assets managed, as detailed in the fee table. For fixed income services, fees range from 0.50% to 0.25% depending on the account value, and are negotiable for accounts over $20 million. Financial planning fees range from $500 to $5,000 depending on complexity. Employee benefit retirement plan services have their own fee schedule. A minimum account size of $250,000 is generally required, but may be negotiable. Not-for-profits are generally charged 75% of the standard fee. Successor trustee services are charged a total 1.00% annual fee.
Areas of Practice
Location
800 Market Street, Suite 500, St. Louis, MO, 63101-2501