Chesley, Taft & Associates, LLC is a large advisory firm based in Chicago. It manages $1.61 billion of regulatory assets for 1,526 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 13 other states.
Chesley, Taft & Associates provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Chesley, Taft & Associates, LLC is $1.61 billion. The firm's AUM has grown by 378% since the beginning of its operation, and $19.62 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Chesley, Taft & Associates, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Chesley, Taft & Associates is high net worth individuals with 288 clients and $1.52 billion of assets under management. Among the 8 most similar advisory firms, Chesley, Taft & Associates has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.6 billion for 356 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Chesley, Taft & Associates doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
The principal office where Chesley, Taft & Associates, LLC performs its advisory services is located at 135 S. Lasalle Street, Chicago, IL 60603, which is also the mailing address of the firm. An additional office of the firm is in Indian River Shores, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-873-1260 or by fax 312-873-1250. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at chesleytaft.com.