Castlekeep Investment Advisors LLC (Westport)


Castlekeep Investment Advisors LLC is a large advisory firm based in Westport. It manages $537.46 million of regulatory assets for 175 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Delaware, and New York.

Castlekeep Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Castlekeep Investment Advisors: assets under management

The assets under management (AUM) of Castlekeep Investment Advisors LLC is $537.46 million. The firm's AUM has grown by 1453% since the beginning of its operation, and $486.64 million of the total AUM is attributable to clients outside of the United States.

The firm manages $67.47 million in discretionary accounts and $469.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $630.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.91 million.
Castlekeep Investment Advisors has custody of $10.57 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 31% of the total AUM. The second-largest asset type is other assets, which make up 22% of the firm’s portfolio. Investments in exchange traded securities form 21% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Castlekeep Investment Advisors LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Charles Wesley Kelakos Haberstroh serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Charles Wesley Kelakos Haberstroh is corporations or other businesses with 30 clients and $505.82 million of assets under management. Among the 7 most similar advisory firms, Castlekeep Investment Advisors has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $537.46 million for 60 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 48% of the firm’s clients are foreign persons or businesses.

Castlekeep Investment Advisors doesn't advise any private funds.

Careers at Castlekeep Investment Advisors LLC

The company employs 5 people that are either part- or full-time employees. 80 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Charles Wesley Kelakos Haberstroh has been acting as President since 1 May 2000. Lauren Michele Quesada joined the executive team most recently as the Portfolio Assistant.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Charles Wesley Kelakos Haberstroh President 1 May 2000 Other 4406071
Cka Holdings Llc Parent company and sole member 1 May 2000 75% - 100% 06-1581456
Charles Wesley Haberstroh President 1 May 2000 Other 4406071
Llc Cka Holdings Parent company 1 May 2000 75% - 100% 06-1581456
Marina Rosenkrantz Chief compliance officer, senior vice president 1 Jun 2004 Other 4993156
Sandra Helen Comas Vice president 1 Sep 2005 Other 4187790
Nancy Schuman Perrin Corporate secretary 1 Jan 2008 Other 5509886
Stephen Braden Kelakos Haberstroh Vice president 1 Feb 2008 Other 4853300
Charles Clark Haberstroh Vice president and treasurer 1 Feb 2008 Other 5509875
Charles Clark Kelakos Haberstroh Vice president and treasurer 1 Feb 2008 Other 5509875
Stephen Braden Kelakos Haberstroh Managing director 1 Oct 2011 Other 4853300
Charles Clark Kelakos Haberstroh Managing director and treasurer 1 Oct 2011 Other 5509875
Lauren Michele Quesada Portfolio assistant 1 Jun 2012 Other 6155900

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Mary Elizabeth Freeman Member 1 May 2001 25% - 50% 4406074
Thomas Cameron Ragan Member 1 May 2001 25% - 50% 4406076

Based in Westport

The principal office where Castlekeep Investment Advisors LLC performs its advisory services is located at 257 Riverside Avenue, Westport, CT 06880 4822, 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 203.682.7200 or by fax 203.682.7212. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at castlekeepadvisors.com.