Chelsea Counsel Company is a large advisory firm based in Los Angeles. It manages $496.38 million of regulatory assets for 269 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.
Chelsea Counsel Company provides portfolio management for individuals and small businesses 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.
The assets under management (AUM) of Chelsea Counsel Company is $496.38 million. The firm's AUM has gone down by -28% since the beginning of its operation, and $96.1 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Chelsea Counsel Company 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Patrick Carme Pascal is high net worth individuals with 46 clients and $152.17 million of assets under management. Among the 11 most similar advisory firms, Chelsea Counsel Company has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $252.84 million for 130 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.
Chelsea Counsel Company doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 63 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.
Patrick Carme Pascal has been acting as President since 1 Jan 2010. Frederick John Ruopp joined the executive team most recently as the Chairman.
The principal office where Chelsea Counsel Company performs its advisory services is located at 444 South Flower St, Los Angeles, CA 90071 2924, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 213-362-9200 or by fax 213-627-7463. The normal business hours are 7am-4pm on Monday - Friday. You can find more information about the New York firm at chelseamanagement.com.