Clarfeld Financial Advisors, LLC is a large advisory firm based in Tarrytown. It manages $6.45 billion of regulatory assets for 5,144 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Colorado, and 23 other states.
Clarfeld Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Clarfeld Financial Advisors, LLC is $6.45 billion. The firm's AUM has grown by 56% since the beginning of its operation, and $389.63 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Clarfeld Financial Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Clarfeld Financial Advisors is high net worth individuals with 635 clients and $5.99 billion of assets under management. Among the 12 most similar advisory firms, Clarfeld Financial Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $6.45 billion for 658 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 6% of the firm’s clients are foreign persons or businesses.
Clarfeld Financial Advisors doesn't advise any private funds.
The company employs 80 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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 Clarfeld Financial Advisors, LLC performs its advisory services is located at 520 White Plains Road, Tarrytown, NY 10591, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 914-846-0100 or by fax 914-846-0199. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at clarfeld.com.