CLARFELD
CLARFELD FINANCIAL ADVISORS, LLC Legal Name
Adviser information for CLARFELD last updated from Form ADV on March 20th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 160 |
|---|---|
| Investment Advisory/Research | 160 |
| Registered Broker-Dealer Representatives | 20 |
| Registered State Investment Advisers | 65 |
| Licensed Agents of an Insurance Company | 55 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3,459 | $7.2B |
| Non-Discretionary | 997 | $2.3B |
| Total | 4,456 | $9.5B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 1,035 | $6.5B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $192.9M |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 34 | $490.6M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 43 | $2.3B |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1341 |
| No. of Non-U.S. Clients | 2 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-40835 |
|---|---|
| SEC ERA File Number | 801-40835 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 106743 |
| Legal Entity Identifier | None |
Principal Office
520 WHITE PLAINS ROAD3RD FLOOR
TARRYTOWN
NY
United States
Monday - Friday, 8:30AM-5:30PM
Tel: 914-846-0100, Fax: 914-846-0199
Chief Compliance Officer
SHORE, DAVID
CHIEF COMPLIANCE OFFICER - CITIZENS WEALTH MANAGEMENT
200 STATION DRIVE
WESTWOOD
MA
United States
Tel:
781-364-1641
D**********@***************M
(Full email address available in API data)
Regulatory Contact
RENDE, BRIANA
DEPUTY CHIEF COMPLIANCE OFFICER - CLARFELD
520 WHITE PLAINS ROAD
3RD FLOOR
TARRYTOWN
NY
United States
Tel:
914-846-0154
B*****@***********M
(Full email address available in API data)
Industry Affiliates
| CITIZENS BANK N.A. | Banking or thrift institution |
| CITIZENS INVESTMENT ADVISORS | Other investment adviser, including financial planners |
| CITIZENS SECURITIES, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| ESTATE PRESERVATION SERVICES LLC | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CITIZENS BANK, N.A. | Domestic Entity | – | DIRECT OWNERSHIP | 01/2019 | > 75% |
| CITIZENS FINANCIAL GROUP, INC. | Domestic Entity | CITIZENS BANK, N.A. | DIRECT SHAREHOLDER | 05/2005 | > 75% |
| SCHEMBRI, ANTHONY, LORENZO | Individual | – | DIRECTOR OF INVESTMENT OPERATIONS | 01/2006 | < 5% |
| HANS, MICHAEL, D | Individual | – | CHIEF INVESTMENT OFFICER | 01/2019 | < 5% |
| CUIFFO, DONNA, MARIE | Individual | – | CHIEF FINANCIAL OFFICER | 03/1999 | < 5% |
| SUAREZ, RICHARD, TINO | Individual | – | CHIEF EXECUTIVE OFFICER | 01/2019 | < 5% |
| VARRIANO, ROBERT, ANTHONY | Individual | – | CHIEF OPERATING OFFICER | 03/1999 | < 5% |
| SHORE, DAVID, HOWARD | Individual | – | CHIEF COMPLIANCE OFFICER | 06/2023 | < 5% |