Chronim Investments Inc. (Irving)

Name: Chronim Investments Inc.
Address: 100 Decker Court, Irving, TX, 75062
Telephone: 214-220-0055

Chronim Investments Inc. is a large advisory firm based in Irving. It manages $119.21 million of regulatory assets for 440 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, Arkansas, California, and 12 other states.

Chronim Investments provides portfolio management for individuals and small businesses, publication of newsletters, security ratings or pricing services, educational seminars and workshops, and investment-related consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Chronim Investments: assets under management

The assets under management (AUM) of Chronim Investments Inc. is $119.21 million. The firm's AUM has grown by 172% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $54.17 million in discretionary accounts and $65.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $240.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $302.54 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 25% of the firm’s portfolio. Investments in derivatives form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Chronim Investments Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Chronim Investments serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Chronim Investments is high net worth individuals with 155 clients and $62.83 million of assets under management. Among the 10 most similar advisory firms, Chronim Investments has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $114.24 million for 440 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Chronim Investments doesn't advise any private funds.

Careers at Chronim Investments Inc.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
American Church Trust Company Roth Ira Custodian For James A. Hughes	Shareholder	1 May 2002	25% - 50%	xxx-xx-xxxx
American Church Trust Company Roth Ira Custodian For Kimberly A. Snider	Shareholder	1 May 2002	25% - 50%	xxx-xx-xxxx
Optionsxpress Roth Ira Custodian For James A. Hughes	Shareholder	1 May 2002	25% - 50%	20-8664727
Optionsxpress Roth Ira Custodian For Kimberly A. Snider	Shareholder	1 May 2002	25% - 50%	20-8664699
Clayce Cullin Rodamer	Chief compliance officer	1 Jan 2007	Other	5053332
James Anthony Hughes	Chief compliance officer	1 Dec 2008	Other	4541625
Jesse Gilbert Anderson	Cco, shareholder	1 Dec 2010	50% - 75%	5002910
Jesse Gilbert Anderson	Chief compliance officer	1 Jul 2011	Other	5002910
Tyler Vincent Curtis	Shareholder	1 Dec 2014	25% - 50%	5369644

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Kimberly Ayn Snider	Beneficiary	1 May 2002	25% - 50%	4541620
James Anthony Hughes	Beneficiary	1 May 2002	25% - 50%	4541625

Based in Irving

The principal office where Chronim Investments Inc. performs its advisory services is located at 100 Decker Court, Irving, TX 75062, 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 214-220-0055. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at chrisilis.com/.