Clnc Manager, LLC

CRD#291618
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

Clnc Manager, LLC operates as a financial advisor firm headquartered in Los Angeles, California. Clnc Manager, LLC administers $7.4 billion in assets throughout two accounts, making it one of the largest investment advisory firms in the nation by assets under management (AUM). The company has a large group of 362 employees, including 124 financial advisors. Clnc Manager, LLC does not act as a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its own accounts as well as its customers' and instead has to go through a broker-dealer company to do so. Securities are defined as exchangable financial assets such as equities, bonds and options.

Clnc Manager, LLC manages all of the firm's client assets on a discretionary basis. Discretionary management signifies that buy and sell choices are made by a portfolio manager without needing the customer's permission. Clnc Manager, LLC supervises roughly $3.7 billion for each client account. The average financial advisor at Clnc Manager, LLC oversees fewer than one client account, making it one of the most personalized financial advisor firms in the country.

The firm's central office is at 515 South Flower Street, Los Angeles, California 90071. The company is permitted to serve investors across 3 states, including California, Maryland and New York.

Assets Under Management

$7.4 billion

Number of Advisors

124

Disclosures

No

Office Location

515 South Flower Street
Los Angeles, CA 90071

Clnc Manager, LLC by the Numbers

Total Assets Under Management

$7.4 billion

National Average: $3.7 billion
Total Number of Employees

362

National Average: 29
Total Number of Accounts

2

National Average: 2,073
Average Account Size

$3.7 billion

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

Fees for financial management largely depend on which service is offered. Fees billed by the firm can include some combination of the following fee structures: asset-based, performance-based or other. Clnc Manager, LLC does not provide a wrap fee program, in which the company offers a bundle of services for a comprehensive 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.

  • Offered by 17% of firms

    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.

  • Offered by 12% of firms

    Other

    Show Explanation

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

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 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.

Back to Overview

Types of Clients

The firm provides services to pooled investment vehicles. Out of its two accounts, Clnc Manager, LLC's largest client is pooled investment vehicles. None of the firm's clients are represented by non-U.S. persons.

  • High-Net-Worth Individuals* - 0%
  • Other Individuals - 0%
  • Corporations - 100%
  • Charitable Organizations - 0%

* 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

Clnc Manager, LLC 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

This content was compiled from the SEC and FINRA