Claro Advisors offers customized investment advice and financial planning to individuals, high net worth individuals, trusts, estates, businesses, and retirement plans. Claro acts as a fiduciary, meaning they are legally required to act in your best interest. Claro creates investment strategies using mutual funds, exchange-traded funds, individual stocks, bonds, and other investments. They also offer financial planning services covering retirement, education, insurance, and other areas. Claro may recommend unaffiliated investment managers.
Fee Structure
Claro Advisors charges a percentage of your portfolio's value each year for investment management. This fee ranges from 0.50% to 1.50% depending on the complexity of the services, the amount you invest, and your overall relationship with Claro. Fees are negotiable. Certain legacy clients are not subject to this fee range. The fee does not include brokerage and custody fees.