CHESLEY, TAFT & ASSOCIATES, LLC

RIASEC RegisteredEst. 2000

Total AUM

$3B

Discretionary

$2.8B

92% of AUM

Avg account

$1.6M

Accounts

1,831

Employees

Advisory reps

Firm details

Headquarters: CHICAGO, Illinois
CRD number: 111578
Registered since: December 8, 2000
Website: www.chesleytaft.com
Custodians: CHARLES SCHWAB & CO., INC., CIBC WORLD MARKETS CORP.
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI96.15%
Corporations / Businesses2.5%
Charitable Organizations0.75%
Individuals0.36%
Pension & Profit Sharing Plans0.24%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Chesley, Taft & Associates, LLC is an independent registered investment advisor that emphasizes equity-oriented portfolio management for both high-net-worth individuals and institutional clients. The firm runs separately managed accounts with a clear preference for exchange-traded equities, allocating the largest share of client capital to public stocks and ETFs while complementing equity exposure with select alternative strategies. Its advisory services include comprehensive financial planning and discretionary portfolio management for individuals, small businesses, and institutional entities. Investment decision-making appears to favor concentrated public equity positions supplemented by liquid alternatives and private-market allocations where appropriate. The firm charges a mix of percentage-of-AUM fees and fixed fees, and it does not present as an active ESG investor. Portfolio construction leans toward traditional equity beta with tactical use of alternatives to enhance diversification, income, or downside protection.