Clocktower Group, L. P. (Santa Monica)
Clocktower Group, L. P. Is a Large Advisory Firm Based in Santa Monica. It Manages $527.47 Million of Regulatory Assets for 9 Client Accounts. It Has Been...
Clocktower Group, L.P. is a large advisory firm based in Santa Monica. It manages $527.47 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.
Clocktower Group provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Clocktower Group: assets under management
The assets under management (AUM) of Clocktower Group, L.P. is $527.47 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4% since the beginning of its operation, and $485.76 million of the total AUM is attributable to clients outside of the United States.
The firm manages $527.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $58.61 million each.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Clocktower Group, L.P. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. 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.