Clark & Stuart, Inc. is an independent investment advisory firm founded in 1994 and based in Portland, Maine, and South Hamilton, Massachusetts. Clark & Stuart manages investment portfolios for individuals, families, small businesses, and non-profit institutions on a discretionary basis, meaning the firm makes trades without asking for prior consent. The firm focuses exclusively on investment management, specializing in a conservative growth approach that emphasizes common stocks in high-quality, lower-risk companies with long records of consistent profit and dividend growth. Portfolios typically hold fewer than 25 companies with low annual turnover. Clark & Stuart prides itself on being 100% employee-owned and does not solicit new clients, advertise, or push for account rollovers that increase their compensation. All accounts are managed separately with consideration for each client's specific tax status, time horizon, risk tolerance, and liquidity needs.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1M+ | 0.70% |
Standard rate is 1% per year up to $1M and 0.7% for amounts over $1M. Family accounts are charged 0.7% and non-profit institutions are charged 0.5%. Maximum annual management fee is $25,000. Fees are negotiable, and the firm may exclude low-cost-basis securities or manage the fixed income portion for free if the equity portfolio exceeds $500,000.