Vernes Asset Management LLC (West Hartford)

Vernes Asset Management LLC is an adviser based in West Hartford. It manages $2.7 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Connecticut.

Vernes Asset Management provides portfolio management for investment companies and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vernes Asset Management: assets under management

The assets under management (AUM) of Vernes Asset Management LLC is $2.7 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $2.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.7 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Vernes Asset Management LLC 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.

Careers at Vernes Asset Management LLC

Brian W. Clarke has been acting as President since 1 Jun 2000. Cyrille Vernes joined the executive team most recently as the Managing Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Vernes & Associes	Member	1 Mar 2000	50% - 75%	foreign entity
Commonwealth Capital Management	Member	1 Mar 2000	Other	62-1177243
Monument Group Llc	Member	1 Mar 2000	Other	52-2224557
Llc Cornerstone Partners	Member	1 Mar 2000	Other	06-1532612
As Trustee Royal Bank Of Canada Trustees Ltd	Member	1 Mar 2000	Other	foreign entity
Brian W. Clarke	President	1 Jun 2000	Other	4414986
Cyrille Vernes	Managing member	1 Jun 2000	Other	4414995

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Cyrille Vernes	Managing member, 100% owner	1 Oct 1982	75% - 100%	4414995
John Pasco	Director, president	1 Jun 1983	75% - 100%	357414
Brian W. Clarke	Managing member	1 Jan 1999	75% - 100%	4414986

Based in West Hartford

The principal office where Vernes Asset Management LLC performs its advisory services is located at 993 Farmington Ave, West Hartford, CT 06107, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 860-233-6544 or by fax 860-233-6885. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.