Clairmont Investment Advisors LLC (Miami Beach)

Name: Clairmont Investment Advisors LLC
Address: 2001 Meridian Ave, Miami Beach, FL, 33139
Telephone: 305-882-9240

Clairmont Investment Advisors LLC is a large advisory firm based in Miami Beach. It manages $112.07 million of regulatory assets for 70 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida, Massachusetts, and Michigan.

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

Clairmont Investment Advisors: assets under management

The assets under management (AUM) of Clairmont Investment Advisors LLC is $112.07 million. The firm's AUM has grown by 0% since the beginning of its operation, and $101.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $63.92 million in discretionary accounts and $48.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.36 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $944.07 thousand.

Clairmont Investment Advisors has custody of $1.34 million in cash and securities for 1 client in total and its related person acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 42% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clairmont Investment Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Clairmont Investment Advisors serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Clairmont Investment Advisors is corporations or other businesses with 18 clients and $55.16 million of assets under management. Among the 9 most similar advisory firms, Clairmont Investment Advisors has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $112.07 million for 28 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 81% of the firm’s clients are foreign persons or businesses.

Clairmont Investment Advisors also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Clairmont Investment Advisors LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Benjamin Englert Hein	Administrative & executive manager, president, cio, and cco	1 Nov 2015	Other	4027543
Iv John Hastings Jephson	Administrative & executive manager; partner	1 Nov 2015	Other	2435183
Clairmont Advisors Holdings Ltd (Bvi)	Owner	1 Apr 2016	75% - 100%	98-1307289
Jaime Francisco Stewart	Administrative & executive manager	1 Apr 2016	Other	6637735
Sebastian Nmn Duenas	Administrative & executive manager	1 Jul 2018	Other	6982609
Nicola Angelo Corsetti	Administrative & executive manager	1 Jul 2018	Other	6852226

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jaime Francisco Stewart	Shareholder	1 Jun 2014	25% - 50%	6637735
John Hastings Jephson	Shareholder	1 Jun 2014	25% - 50%	2435183
Jabuho Trust	Shareholder	1 Apr 2015	75% - 100%	foreign
James Burnard Hoar	Trustee	1 Apr 2015	Other	6637807
Ltd (Bvi) Frances Financial Trading	Shareholder	1 Aug 2015	25% - 50%	foreign
Miles Hywel Evans	Shareholder	1 Sep 2015	25% - 50%	6637820
Ltd (Bvi) Clairmont Partners	Shareholder	1 Mar 2016	75% - 100%	foreign
Ltd (Bvi) Chy Holdings	Shareholder	1 Apr 2016	75% - 100%	foreign

Based in Miami Beach

The principal office where Clairmont Investment Advisors LLC performs its advisory services is located at 2001 Meridian Ave, Miami Beach, FL 33139, which is also the mailing address of the firm. An additional office of the firm is in Superior Township, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 305-882-9240 or by fax 242-362-6079. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at clairmontwealth.com/.