Clipper Advisor LLC (Greenwich)

Name: Clipper Advisor LLC
Address: 17 Stepping Stone Lane, Greenwich, CT, 06830
Telephone: 203-485-0563

Clipper Advisor LLC is an internet adviser based in Greenwich. It manages $1.24 million of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Connecticut.

Clipper Advisor provides portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Clipper Advisor: assets under management

The assets under management (AUM) of Clipper Advisor LLC is $1.24 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.24 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $47.79 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Clipper Advisor 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.

What kind of clients Zhen Liu serves?

The only and largest group of clients of Zhen Liu is pooled investment vehicles with 1 clients and $1.24 million of assets under management. Among the 1 most similar advisory firms, Clipper Advisor has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.24 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Clipper Advisor doesn't advise any private funds.

Careers at Clipper Advisor LLC

The company employs 40 people that are either part- or full-time employees. 13 percent of the employees work as investment advisers or researchers. No 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 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.

Zhen Liu has been acting as President since 1 May 2015. Inc. Clipper Advisor Group joined the executive team most recently as the Exempted Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Clipper Advisor Group	Exempted company	1 May 2015	75% - 100%	xxx-xx-xxxx
Zhen Liu	Director	1 May 2015	75% - 100%	2618350
Xiao Ming Jiang	Chief compliance officer	1 May 2015	Other	6639844
Joyce Liu	Chief financial officer	1 May 2015	Other	6669773

Based in Greenwich

The principal office where Clipper Advisor LLC performs its advisory services is located at 17 Stepping Stone Lane, Greenwich, CT 06830, 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 203-485-0563. The normal business hours are 9-5pm on Monday - Friday. You can find more information about the New York firm at clipperadvisor.com.