Claremont Financial Group,Inc. is a large advisory firm based in Claremont. It manages $92.75 million of regulatory assets for 592 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Nevada, and Texas.
Claremont Financial Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Claremont Financial Group,Inc. is $92.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 41% since the beginning of its operation, and $330 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Claremont Financial Group,Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Gaetan Thomas Scalzo is individuals with 286 clients and $58.11 million of assets under management. Among the 6 most similar advisory firms, Claremont Financial Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $92.75 million for 308 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.
Claremont Financial Group doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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.
Gaetan Thomas Scalzo has been acting as President since 1 Nov 2005. Bruce Leroy Davidson joined the executive team most recently as the Chief Compliance Officer.
The principal office where Claremont Financial Group,Inc. performs its advisory services is located at 464 North Indian Hill Blvd., Claremont, CA 91711 4650, which is also the mailing address of the firm. An additional office of the firm is in Costa Mesa, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 909-624-9200 or by fax 909-624-1937. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at claremontfinancial.com.