Cleararc Capital, Inc. (Cincinnati)

Name: Cleararc Capital, Inc.
Address: 38 Fountain Square Plaza, Cincinnati, OH, 45263
Telephone: 855-362-2227

Cleararc Capital, Inc. is a large advisory firm based in Cincinnati. It manages $3.89 billion of regulatory assets for 116 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Idaho, Illinois, Indiana, and 13 other states.

Cleararc Capital provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cleararc Capital: assets under management

The assets under management (AUM) of Cleararc Capital, Inc. is $3.89 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.89 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.55 million each.

Cleararc Capital has custody of $36.98 million in cash and securities for 4 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 37% of the total AUM. The second-largest asset type is government bonds, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cleararc Capital, Inc. for their services and products based on a percentage of assets under management. 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 Christopher J. Bell serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, business development companies, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Christopher J. Bell is corporations or other businesses with 20 clients and $1.32 billion of assets under management. Among the 5 most similar advisory firms, Cleararc Capital has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $3.83 billion for 73 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.

Cleararc Capital also advises several private funds. Namely, four other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Cleararc Capital, Inc.

The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Christopher J. Bell has been acting as President since 1 Oct 2012. James David Cahn joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
An Ohio Banking Corporation Fifth Third Bank	Shareholder	1 Jan 2001	75% - 100%	31-0676865
Stephen Shawn Hedger	Director, trading and investment operations	1 Jul 2003	Other	1827876
Richard Brian Ille	Director, products & marketing; director	1 Aug 2006	Other	1812453
Richard Paris Floyd	Director, client administration	1 May 2012	Other	6134015
Christopher J. Bell	Director	1 Oct 2012	Other	4660625
Mitchell Lloyd Stapley	Chief investment officer; director	1 Oct 2012	Other	4372531
Dimitrios Aristotle Contis	Director, sales	1 Oct 2012	Other	2601237
Christopher James Bell	Director	1 Oct 2012	Other	4660625
Stephen Gerard Mullins	President; director	1 Dec 2012	Other	4347855
Ralph Seefred Michael	Director	1 Feb 2013	Other	1639667
Harold James Coffey	Director	1 Feb 2013	Other	1102928
Keith Eugene Dershem	Director	1 Feb 2013	Other	6179415
David Bernard Jonke	Chief compliance officer	1 Jan 2014	Other	3069645
Diane Jean Hulls	Chief compliance officer	1 Mar 2014	Other	4379452
Robert Michael Moeddel	Director	1 Dec 2014	Other	6470556
Susan Lynne Vogel Vanderson	Director	1 Dec 2014	Other	6470566
Robert Presley Banks	Director, relationship management	1 Dec 2014	Other	5443999
David Lowell Withrow	President; director	1 Apr 2017	Other	1854676
Gerald Brady Coogan	Director	1 Dec 2017	Other	6889762
Brian Daryl Lamb	Director	1 Mar 2018	Other	6918171
David Lowell Withrow	Director of investments	1 Aug 2018	Other	1854676
Michael Francis Kennedy	Director	1 Aug 2018	Other	2980069
Jonathan William Reynolds	President and chief investment officer; director	1 Sep 2018	Other	6782750
James David Cahn	Director	1 Jan 2019	Other	1217648

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Fifth Third Financial Corporation	Shareholder	1 Jan 2001	75% - 100%	31-1755886
Fifth Third Bancorp	Shareholder	1 Jan 2001	75% - 100%	31-0854434

Based in Cincinnati

The principal office where Cleararc Capital, Inc. performs its advisory services is located at 38 Fountain Square Plaza, Cincinnati, OH 45263 The mailing address of the firm is 38 Fountain Square Plaza, Cincinnati, OH 45263. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 855-362-2227 or by fax 513-534-0122. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at cleararccapital.com/.