Fee-only fiduciary wealth management firm founded in 2016, offering flat-fee financial planning and evidence-based, tax-efficient investment management.
Clark Asset Management, LLC is a fee-only wealth management firm founded in 2016. The firm provides comprehensive financial planning and investment management to individuals and high net-worth individuals, acting as a fiduciary. Its Wealth Management Service is aimed primarily at clients holding between $1 and $10 million in investable assets, and is charged at a flat annual fee of $12,500 rather than as a percentage of assets under management. The firm reports more than $750 million in client assets under management.
The firm's investment approach is built on evidence-based, passive investing principles, with an emphasis on low portfolio expenses, minimal trading costs and tax efficiency. Personalised strategies sit alongside this core approach. The firm's technical domains cover tax planning and tax-efficient portfolio management, retirement income planning, risk management, inter-generational asset transfer planning, college savings planning and charitable gift planning.
Clark Asset Management states that its fee-only fiduciary model is designed to remove conflicts of interest, and that its flat fee structure is intended to make its services more accessible. The firm describes personal finance as 80% personal and 20% technical, and frames its work as helping clients reach a relaxed confidence about their financial future.
