Stuart Chaussée & Associates, Inc. (Palos Verdes Estates)

Name: Stuart Chaussée & Associates, Inc.
Address: 721 Via Somonte, Palos Verdes Estates, CA, 90274
Telephone: (310) 373-3732

Stuart Chaussée & Associates, Inc. is a large advisory firm based in Palos Verdes Estates. It manages $143.54 million of regulatory assets for 316 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of California.

Stuart Chaussée & Associates 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.

Stuart Chaussée & Associates: assets under management

The assets under management (AUM) of Stuart Chaussée & Associates, Inc. is $143.54 million. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $140.49 million in discretionary accounts and $3.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $465.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $217.56 thousand.

Stuart Chaussée & Associates has custody of $19.29 million in cash and securities for 26 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Stuart Chaussée & Associates, Inc. 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.

What kind of clients Stuart Dubes Chaussee serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Stuart Dubes Chaussee is high net worth individuals with 31 clients and $91.57 million of assets under management. Among the 9 most similar advisory firms, Stuart Chaussée & Associates has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $143.54 million for 120 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.

Stuart Chaussée & Associates doesn't advise any private funds.

Careers at Stuart Chaussée & Associates, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Stuart Dubes Chaussee	President/chief compliance officer	1 Dec 1996	75% - 100%	1507106

Based in Palos Verdes Estates

The principal office where Stuart Chaussée & Associates, Inc. performs its advisory services is located at 721 Via Somonte, Palos Verdes Estates, CA 90274 The mailing address of the firm is 468 North Camden Drive, Beverly Hills, CA 90210. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (310) 373-3732 or by fax (310) 373-9554. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at preservingwealth.com.