Vernes Asset Management LLC (West Hartford)


Vernes Asset Management LLC is an adviser based in West Hartford. It manages $2.7 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Connecticut.

Vernes Asset Management provides portfolio management for investment companies and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vernes Asset Management: assets under management

The assets under management (AUM) of Vernes Asset Management LLC is $2.7 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $2.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.7 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Vernes Asset Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Vernes Asset Management LLC

Brian W. Clarke has been acting as President since 1 Jun 2000. Cyrille Vernes joined the executive team most recently as the Managing Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Vernes & Associes Member 1 Mar 2000 50% - 75% foreign entity
Commonwealth Capital Management Member 1 Mar 2000 Other 62-1177243
Monument Group Llc Member 1 Mar 2000 Other 52-2224557
Llc Cornerstone Partners Member 1 Mar 2000 Other 06-1532612
As Trustee Royal Bank Of Canada Trustees Ltd Member 1 Mar 2000 Other foreign entity
Brian W. Clarke President 1 Jun 2000 Other 4414986
Cyrille Vernes Managing member 1 Jun 2000 Other 4414995

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Cyrille Vernes Managing member, 100% owner 1 Oct 1982 75% - 100% 4414995
John Pasco Director, president 1 Jun 1983 75% - 100% 357414
Brian W. Clarke Managing member 1 Jan 1999 75% - 100% 4414986

Based in West Hartford

The principal office where Vernes Asset Management LLC performs its advisory services is located at 993 Farmington Ave, West Hartford, CT 06107, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 860-233-6544 or by fax 860-233-6885. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.