Chelsea Management Company

CRD#110399
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

or call us now at 1-888-467-5419

Overview

Chelsea Management Company operates as an advisory firm headquartered in Los Angeles, California. It handles $425.6 million in assets under management over 264 customer accounts, making it one of the bigger investment advisory firms in the country by assets under management (AUM). The firm has a small team of eight employees, of which five are financial advisors. Chelsea Management Company is not a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its own accounts as well as its customers' and instead must go through a broker-dealer company to do so. Securities are tradable fiscal assets such as stocks, options and bonds.

Chelsea Management Company oversees most of its client assets in a discretionary manner. Discretionary management means that buy and sell choices for the client's account are made by an investment advisor without requiring the client's approval. The firm also administers one non-discretionary accounts with a total of $1.5 million in assets. The investment advisory firm's typical account size is $1.6 million. The typical advisor at Chelsea Management Company administers about 53 client accounts, placing it towards the middle in terms of personalization.

The company's central office is at 444 South Flower St, Los Angeles, California 90071-2924. The firm is permitted to serve clients in the state of California.

Assets Under Management

$425.6 million

Number of Advisors

5

Disclosures

No

Office Location

444 South Flower St
Los Angeles, CA 90071-2924

Chelsea Management Company by the Numbers

Total Assets Under Management

$425.6 million

National Average: $3.7 billion
Total Number of Employees

8

National Average: 29
Total Number of Accounts

264

National Average: 2,073
Average Account Size

$1.6 million

National Average: $1.8 million

Find a dedicated advisor for your needs

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Fee Structure

A financial advisor's fees largely depend on which service is provided. However, fees charged by Chelsea Management Company typically consist of the following fee structures: asset-based. The firm does not provide a wrap fee program, in which the firm offers a bundle of services for a single fee.

Available

  • Offered by 74% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

Unavailable

  • Find one of the 35% of firms that offer this fee type

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Find one of the 2% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 17% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 1% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 40% of firms that offer this fee type

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Find one of the 12% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

Back to Overview

Types of Clients

The company provides services to retail investors, high net worth investors, pension plans and charitable organizations. Out of its 264 clients, Chelsea Management Company's biggest client group is retail investors, but it also serves 37 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of more than $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's clients are represented by people from outside of the U.S.

  • High-Net-Worth Individuals* - 30.83%
  • Other Individuals - 53.33%
  • Corporations - 4.17%
  • Charitable Organizations - 11.67%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

Find an advisor who will work directly with you

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Disclosures

Chelsea Management Company does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

Find a financial advisor near you

If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

Back to Overview

Financial Advisors at Chelsea Management Company

Donald Brown
Los Angeles, CA
Patrick Pascal
Los Angeles, CA
Frederick Ruopp
Los Angeles, CA

Not sure which advisor is right for you? Use our matching tool

Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today

Back to Overview

This content was compiled from the SEC and FINRA