Clearlogic Financial, Inc. (Reston)

Name: Clearlogic Financial, Inc.
Address: 11107 Sunset Hills Road, Reston, VA, 20190
Telephone: 703-476-3521

Clearlogic Financial, Inc. is a large advisory firm based in Reston. It manages $308.57 million of regulatory assets for 787 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, District of Columbia, Maryland, and 3 other states.

Clearlogic Financial provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Clearlogic Financial: assets under management

The assets under management (AUM) of Clearlogic Financial, Inc. is $308.57 million. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $307.61 million in discretionary accounts and $954.1 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $393.37 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $190.82 thousand.

Clearlogic Financial has custody of $131.05 million in cash and securities for 218 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 87% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clearlogic Financial, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Samuel Mark Atherton serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Samuel Mark Atherton is high net worth individuals with 146 clients and $209.83 million of assets under management. Among the 8 most similar advisory firms, Clearlogic Financial has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $308.57 million for 215 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.

Clearlogic Financial doesn't advise any private funds.

Careers at Clearlogic Financial, Inc.

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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.

Samuel Mark Atherton has been acting as President since 1 Oct 2004. Kevin Bruce Loser joined the executive team most recently as the Chief Compliance Officer/Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Mark Atherton	President	1 Oct 2004	75% - 100%	4706300
Kevin Bruce Loser	Chief compliance officer/chief operating officer	1 Jan 2014	Other	5504673
Kevin Bruce Lozer	Principal	1 Jan 2014	Other	5504673

Based in Reston

The principal office where Clearlogic Financial, Inc. performs its advisory services is located at 11107 Sunset Hills Road, Reston, VA 20190, 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 703-476-3521 or by fax 703-991-9191. The normal business hours are 9:00a.m.-5:00p.m. on Monday - Friday. You can find more information about the New York firm at ticknoratherton.com.