Chronos Wealth Management, L.L.C. is a large advisory firm based in Clearwater. It manages $142.99 million of regulatory assets for 506 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida and Louisiana.
Chronos Wealth Management, L.L.C provides portfolio management for individuals and small businesses. 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 Chronos Wealth Management, L.L.C. is $142.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Chronos Wealth Management, L.L.C. 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, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Chronos Wealth Management, L.L.C is high net worth individuals with 34 clients and $76.41 million of assets under management. Among the 8 most similar advisory firms, Chronos Wealth Management, L.L.C has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $142.99 million for 222 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.
Chronos Wealth Management, L.L.C doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.
The principal office where Chronos Wealth Management, L.L.C. performs its advisory services is located at 1432 Court Street, Clearwater, FL 33756, 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 (727) 446-2306 or by fax N/A. The normal business hours are 9:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at chronoswm.com.