Claro Advisors Inc.
Firm details
- Headquarters
- Boston, Massachusetts
- CRD number
- 160294
- Registered since
- October 8, 2014
- Website
- claroadvisors.com
- Custodians
- FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI66.86%
- Individuals19.27%
- Corporations / Businesses10.95%
- Pension & Profit Sharing Plans2.08%
- Charitable Organizations0.84%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Claro Advisors Inc. is an independent registered investment adviser that the SEC first registered in 2014. The firm serves both individual and family clients as well as institutional accounts, offering financial planning, discretionary portfolio management for individuals and pooled vehicles, pension consulting and selection of other advisers. Claro describes itself as a capital allocator, combining direct portfolio management with third-party manager selection. Fee arrangements are flexible and include percentage-of-AUM billing alongside hourly and fixed-fee engagements. The firm does not identify as an active ESG investor. Claro received recognition as a Top RIA Firm from FA Magazine in 2020.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities39%
- Public Funds/Mutual Funds38%
- Cash & Cash Equivalents7%
- US Government Bonds5%
- Derivatives4%
Owners & executives
3 of 4
Jennifer Street
Chief Operating OfficerCRD 4914254
Michael Mullin
Chief Market StrategistCRD 2825901
Anthony Dechellis
Chief Executive OfficerCRD 1342685
Contacts
3 of 19
William Heron
Wealth AdvisorCRD 4284833
Paul Litchfield
Senior Wealth AdvisorCRD 5970864
Brandon Fink
Senior VP, Wealth ManagerCRD 6122967
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 287Active vs passive
$642M in ETFs
79%
$509M
13%
$133M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD 500 INDEX FUND (VOO) | Vanguard | Passive | Large Blend | $59.8M | 87,030 | 9.32% |
Location
Boston, MA
Suffolk
Location
Boston, MA
Headquartered in Boston, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.
- Metro area
- Boston-Worcester-Providence, MA-RI-NH-CT
- Region
- Northeast
- County
- Suffolk
- Address
- 100 High St
- Time zone
- ET (UTC-5)
- Office locations
Similar firms
Diametric Capital, LP
RIABoston, MA
Icapital, LLC
RIABoston, MA
Green Century Capital Management Inc
RIABoston, MA
PAR Capital Management, Inc.
RIABoston, MA
Weatherbie Capital, LLC
RIABoston, MA
TA Realty LLC
RIABoston, MA