Clear Brook Advisors, Inc. (Boston)

Name: Clear Brook Advisors, Inc.
Address: 420 Boylston Street, Boston, MA, 02116
Telephone: 617-315-8979

Clear Brook Advisors, Inc. is a mid-sized advisory firm based in Boston. It manages $34.5 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Massachusetts.

Clear Brook Advisors provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Clear Brook Advisors: assets under management

The assets under management (AUM) of Clear Brook Advisors, Inc. is $34.5 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $34.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.63 million each.

Clear Brook Advisors has custody of $27 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clear Brook Advisors, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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.

What kind of clients Clear Brook Advisors serves?

The only and largest group of clients of Clear Brook Advisors is high net worth individuals with 4 clients and $34.5 million of assets under management. Among the 5 most similar advisory firms, Clear Brook Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $34.5 million for 4 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Clear Brook Advisors doesn't advise any private funds.

Careers at Clear Brook Advisors, Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
H. Whitney Wagner	President / chief compliance officer	1 Aug 2001	75% - 100%	5141074
Henry Whitney Wagner	President / chief compliance officer	1 Aug 2001	75% - 100%	5141074
C Kenneth Strachan	Chief compliance officer	1 Mar 2019	Other	6918736

Based in Boston

The principal office where Clear Brook Advisors, Inc. performs its advisory services is located at 420 Boylston Street, Boston, MA 02116 The mailing address of the firm is 420 Boylston Street, Boston, MA 02116. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-315-8979. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at clearbrookadvisors.com.