Chapin Davis, Inc is a large advisory firm based in Baltimore. It manages $314.53 million of regulatory assets for 1,385 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Arizona, California, and 21 other states.
Chapin Davis provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Chapin Davis, Inc is $314.53 million. The firm's AUM has grown by 799% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Chapin Davis, Inc for their services and products based on a percentage of assets under management, hourly charges, and commissions. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Robert Bruce Jr Alderman is individuals with 1,348 clients and $208.92 million of assets under management. Among the 11 most similar advisory firms, Chapin Davis has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $314.53 million for 1,382 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.
Chapin Davis doesn't advise any private funds.
The company employs 53 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. 36 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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.
Robert Bruce Jr Alderman has been acting as President since 1 Mar 1999. Talbot Jones Iv Albert joined the executive team most recently as the Chairman Of The Board.
The principal office where Chapin Davis, Inc performs its advisory services is located at 1411 Clarkview Road, Baltimore, MD 21209, which is also the mailing address of the firm. An additional office of the firm is in Peoria, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 410-435-3200 or by fax 410-433-2099. The normal business hours are 8:00am - 4:30pm on Monday - Friday. You can find more information about the New York firm at chapindavis.com.