Cloverlay Investment Management, LLC is a large advisory firm based in Conshohocken. It manages $364.26 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Pennsylvania.
Cloverlay Investment Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cloverlay Investment Management, LLC is $364.26 million. The firm's AUM has grown by 81% since the beginning of its operation, and $31.53 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Cloverlay Investment Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Cloverlay Investment Management is pooled investment vehicles with 3 clients and $356.02 million of assets under management. Among the 8 most similar advisory firms, Cloverlay Investment Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $364.26 million for 4 clients. 8% of the firm’s clients are foreign persons or businesses.
Cloverlay Investment Management also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.
The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Cloverlay Investment Management, LLC performs its advisory services is located at 101 West Elm Street, Suite 425, Conshohocken, PA 19428, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 484-262-5020. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at cloverlay.com.