Clarendon Private offers personalized wealth management services, focusing on discretionary investment management and related financial planning and consulting. Clarendon Private builds customized portfolios using exchange-traded funds, individual stocks, mutual funds, individual bonds, cash equivalents, and alternative investments tailored to each client's specific goals, risk tolerance, and financial situation. The firm primarily serves individuals, high net worth individuals, trusts, estates, endowments, and businesses, generally requiring a minimum relationship size of $3,000,000. In addition to managing portfolios, Clarendon Private provides guidance across various financial topics including retirement, education savings, estate planning, and insurance needs. Clarendon Private operates as a fiduciary, meaning the registered investment advisor is legally required to act in your best interest.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.80% |
| $10.0M - $25.0M | 0.60% |
| $25M+ | 0.50% |
Minimum annual fee of $20,000. Fixed-income-only portfolios are charged a fee ranging from 0.10% to 0.50%. Fees may be negotiable.