Clover Credit Management, LLC
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Learn more about Clover Credit Management, LLC
Overview
Clover Credit Management, LLC is a financial advisory firm situated at 345 Park Avenue, New York, New York, 10154. The firm holds registration in Connecticut, Delaware, New York, and North Carolina, but it is not a registered broker dealer.
In terms of assets under management (AUM), Clover Credit Management, LLC manages $3.6 billion. The firm oversees 8 accounts, all of which are managed on a discretionary basis, indicating that the firm's portfolio managers have the authority to make investment decisions without requiring prior approval from their clients.
The firm employs 248 financial advisors and offers services such as portfolio management for pooled investment vehicles. Clover Credit Management, LLC has affiliations with a broker-dealer or securities dealer, a banking or thrift institution, an insurance company or agency, and a commodity pool advisor.
The firm operates with asset-based and performance-based fee structures and does not participate in a wrap fee program. The firm's primary client type by accounts is pooled investment vehicles.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Clover Credit Management, LLC by the Numbers
$3.6 billion
404
8
$454.6 million
Fee Structure
Financial management fees typically vary depending on which services the firm provides the client. Fees charged by the firm most likely are comprised of the following fee structures: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by Clover Credit Management, LLC.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It caters to pooled investment vehicles. Out of its eight customers, Clover Credit Management, LLC's largest client type is pooled investment vehicles. Around 25% of its accounts are 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.
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Disclosures
Clover Credit Management, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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