Claybrook Capital, LLC (Wellesley)


Claybrook Capital, LLC is a large advisory firm based in Wellesley. It manages $258.89 million of regulatory assets for 57 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Massachusetts, New York, and Texas.

Claybrook Capital provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Claybrook Capital: assets under management

The assets under management (AUM) of Claybrook Capital, LLC is $258.89 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $258.89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.54 million each.
Claybrook Capital has custody of $220 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 33% of the total AUM. The second-largest asset type is state and local bonds, which make up 26% of the firm’s portfolio. Investments in investment and business development companies form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Claybrook Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Claybrook Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Claybrook Capital is high net worth individuals with 18 clients and $256.01 million of assets under management. Among the 10 most similar advisory firms, Claybrook Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $258.89 million for 31 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.

Claybrook Capital doesn't advise any private funds.

Careers at Claybrook Capital, LLC

The company employs 3 people that are either part- or full-time employees. 100 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Christopher Edward Winn Interim cco 1 Dec 2016 75% - 100% 4639347
Jerry Anthony Nigro Partner/managing member 1 Dec 2016 75% - 100% 2294851
Virginia Madden Member and chief compliance officer 1 Dec 2016 Other 5046672
Virginia Elizabeth Aaron Member, managing director and chief compliance officer 1 Jan 2017 Other 5046672
Jerry Anthony Nigro Managing director, ceo and senior wealth advisor 1 Jan 2017 75% - 100% 2294851
Virginia Madden Member, managing direct and chief compliance officer 1 Jan 2017 Other 5046672
Bruce [No Middle Name] Arella Member/manager - founding partner, chairman, director of real estate 1 Jul 2017 25% - 50% 2251073
Jerry Anthony Nigro Member/manager - founding partner, senior wealth advisor 1 Aug 2017 50% - 75% 2294851
Virginia Elizabeth Aaron Member/manager - vice president, chief compliance officer 1 Aug 2017 Other 5046672

Based in Wellesley

The principal office where Claybrook Capital, LLC performs its advisory services is located at 40 Washington Street, Wellesley, MA 02481, 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 (617) 932-7927 or by fax (617) 932-7940. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at claybrookcapital.com.