Clarendon Private LLC
Assets Under Management
$344.3M
Number of Clients
53
Number of Advisors
5
Average Client AUM
$6.5M
AUM per Advisor
$68.9M
Compensation
Fee-Only (AUM)
About This Firm
Clarendon Private provides customized wealth management solutions, including discretionary investment management and financial planning. They work with clients to identify investment goals, risk tolerance, and financial situations to create a portfolio strategy. The firm primarily employs long-term focused investment strategies using fundamental and technical analysis.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.80% |
| $10.0M - $25.0M | 0.60% |
| $25M+ | 0.50% |
Minimum annual fee of $20,000. Certain legacy clients may have fees that differ from the above. Fees may be negotiable at the sole discretion of the Advisor.
Fee Estimator
Wealth management fees are paid quarterly based on the market value of assets under management. For equity and balanced portfolios, fees are tiered based on the amount of assets managed. Fixed income portfolios are charged a fixed asset-based fee ranging from 0.10% to 0.50%. There is a minimum annual fee of $20,000. Fees may be negotiable at the advisor's discretion. The advisor may implement a portion of a client's portfolio utilizing one or more independent managers. The total blended fee, including the advisor's fee and the independent manager's fee, will not exceed 2.00% annually.
Areas of Practice
Location
131 Clarendon Street, 4th Floor, Boston, MA, 02116-5131