Clear Perspectives Financial Planning, LLC (Cincinnati)

Name: Clear Perspectives Financial Planning, LLC
Address: 9545 Kenwood Road, Cincinnati, OH, 45242
Telephone: (513)469-8400

Clear Perspectives Financial Planning, LLC is a large advisory firm based in Cincinnati. It manages $173.9 million of regulatory assets for 696 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Indiana, Kentucky, New York, Ohio, and Texas.

Clear Perspectives Financial Planning provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Clear Perspectives Financial Planning: assets under management

The assets under management (AUM) of Clear Perspectives Financial Planning, LLC is $173.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 68% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $173.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $249.86 thousand each.

Clear Perspectives Financial Planning has custody of $96.73 million in cash and securities for 121 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 23% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clear Perspectives Financial Planning, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Clear Perspectives Financial Planning serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Clear Perspectives Financial Planning is high net worth individuals with 72 clients and $133.53 million of assets under management. Among the 8 most similar advisory firms, Clear Perspectives Financial Planning has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $173.9 million for 165 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.

Clear Perspectives Financial Planning doesn't advise any private funds.

Careers at Clear Perspectives Financial Planning, LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carol Amelia Hoffman	Member	1 Feb 2008	50% - 75%	5497550
Timothy Anthony Grout	Managing member/chief compliance officer	1 Feb 2008	50% - 75%	5497552
Carol A "Mi Only" Hoffman	Member	1 Feb 2008	50% - 75%	5497550
Timothy A "Mi Only" Grout	Managing member/chief compliance officer	1 Feb 2008	50% - 75%	5497552

Based in Cincinnati

The principal office where Clear Perspectives Financial Planning, LLC performs its advisory services is located at 9545 Kenwood Road, Cincinnati, OH 45242, 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 (513)469-8400 or by fax (513)469-8401. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at clearperspectivesllc.com.