Clelland & Co Inc (San Diego)

Name: Clelland & Co Inc
Address: 5151 Shoreham Place, Suite 130, San Diego, CA, 92122
Telephone: 858-587-8700

Clelland & Co Inc is a large advisory firm based in San Diego. It manages $307.64 million of regulatory assets for 208 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, and Oregon.

Clelland & provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Clelland &: assets under management

The assets under management (AUM) of Clelland & Co Inc is $307.64 million. The firm's AUM has grown by 100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $176.26 million in discretionary accounts and $131.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $963.16 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.26 million.

Investments

The firm invests in investment and business development companies the most. They account for 57% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 17% of the firm’s portfolio. Investments in exchange traded securities form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clelland & Co 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 Clelland & serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Clelland & is high net worth individuals with 29 clients and $185.76 million of assets under management. Among the 12 most similar advisory firms, Clelland & has the 6th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $201.02 million for 69 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.

Clelland & doesn't advise any private funds.

Careers at Clelland & Co 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Jack Metcalf	Shareholder	1 Mar 1989	Other	332769
Robert Bruce Clelland	President, chief executive officer, chief financial officer, 03/1993, chief compliance officer 06/2004	1 Mar 1993	75% - 100%	1094986
Rebecca Ann Clelland	Corporate secretary	1 Sep 1996	75% - 100%	4345834
Matthew David Medeiros	Shareholder	1 Jan 2007	Other	2946332
Hannah Christine Oloughlin	Shareholder	1 Jan 2008	Other	4281239
Hannah C Olouhlin	Shareholder	1 Jan 2008	Other	4281239
Hannah C Oloughlin	Shareholder	1 Jan 2008	Other	4281239
Matthew David Medeiros	Vice president	1 Jan 2017	Other	2946332

Based in San Diego

The principal office where Clelland & Co Inc performs its advisory services is located at 5151 Shoreham Place, Suite 130, San Diego, CA 92122, which is also the mailing address of the firm. An additional office of the firm is in Littleton, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 858-587-8700 or by fax 858-587-8787. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at clelland.com.