Clsrs, LLC (Austin)


Clsrs, LLC is a large advisory firm based in Austin. It manages $285.37 million of regulatory assets for 39 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Texas.

Clsrs provides 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.

Clsrs: assets under management

The assets under management (AUM) of Clsrs, LLC is $285.37 million. 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 $76.3 million in discretionary accounts and $209.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.08 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.97 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clsrs, LLC 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 Clsrs serves?

The only and largest group of clients of Clsrs is pension and profit sharing plans with 39 clients and $285.37 million of assets under management. Among the 9 most similar advisory firms, Clsrs has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $285.37 million for 39 clients. None of the firm’s clients are foreign persons or businesses.

Clsrs doesn't advise any private funds.

Careers at Clsrs, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Clint Lee Scott Member 1 Mar 2015 75% - 100% 6491554
Aaron Allan Pottichen Managing member & chief compliance officer 1 Mar 2015 Other 4890583

Based in Austin

The principal office where Clsrs, LLC performs its advisory services is located at 3600 N. Capital Of Texas Hwy., Austin, TX 78746, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-306-9300 or by fax 512-367-5830. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at clspartners.com.