Chestnut Funds, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Chestnut Funds, LLC
Overview
Chestnut Funds, LLC operates as a financial advisory company headquartered in Chattanooga, Tennessee. It has $188.3 million in total assets over 14 accounts, making it a mid-tier investment advisory firm in the country by assets under management (AUM). Chestnut Funds, LLC has a small team, including 7 financial advisors. Chestnut Funds, LLC does not act as a registered broker-dealer, signifying that the company is not able to buy and sell securities for its accounts and those of its clients and instead is required to go through a broker-dealer company to do so. Securities are defined as exchangable financial assets such as bonds, options and stocks.
Chestnut Funds, LLC administers all of the company's client assets on a discretionary basis. Discretionary management is a structure in which buy and sell choices are made by a portfolio manager without needing client consent. The company manages roughly $13.5 million in assets for every customer account. The typical advisor at Chestnut Funds, LLC oversees about two client accounts, placing it among the most individualized financial advisor firms in the country.
The firm's main office is located at 832 Georgia Ave., Chattanooga, Tennessee 37402. Chestnut Funds, LLC is legally registered to provide services to customers in the state of Tennessee.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Chestnut Funds, LLC by the Numbers
$188.3 million
10
14
$13.5 million
Fee Structure
Financial advisory fees usually depend on which service is provided. Fees charged by Chestnut Funds, LLC can include the following fee types: asset-based or performance-based. Chestnut Funds, LLC does not supply a wrap fee program, in which the company offers a service bundle for a single fee.
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
The firm works with pooled investment vehicles. Out of its 14 clients, Chestnut Funds, LLC's biggest client type by number of accounts is pooled investment vehicles. None of its clients are represented by people from outside of the U.S.
- 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.
Disclosures
Chestnut Funds, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.