Cbre Clarion Securities LLC (Radnor)


Cbre Clarion Securities LLC is a large advisory firm based in Radnor. It manages $10.54 billion of regulatory assets for 76 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Pennsylvania.

Cbre Clarion Securities provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cbre Clarion Securities: assets under management

The assets under management (AUM) of Cbre Clarion Securities LLC is $10.54 billion. The firm's AUM has gone down by -55% since the beginning of its operation, and $4.42 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $10.28 billion in discretionary accounts and $252.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $151.22 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $31.56 million.
Cbre Clarion Securities has custody of $79.26 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cbre Clarion Securities LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Cbre Clarion Securities serves?

The firm provides services to investment companies, pooled investment vehicles, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Cbre Clarion Securities is investment companies with 6 clients and $2.38 billion of assets under management. Among the 10 most similar advisory firms, Cbre Clarion Securities has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $7.91 billion for 57 clients. 46% of the firm’s clients are foreign persons or businesses.

Cbre Clarion Securities also advises several private funds. Namely, one hedge fund and two other private funds. The minimum investment commitment required of non-related persons is $3,000,000 for each fund.

Careers at Cbre Clarion Securities LLC

The company employs 81 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Thomas Ritson Ferguson Principal, chief executive officer / co-chief investment officer 1 Nov 1998 Other 4363319
Jarrett Burt Kling Principal 1 Nov 1998 Other 1028926
Joseph Patrick Smith Principal / co-chief investment officer 1 Aug 2001 Other 2627429
Stephen David Burton Principal / co-chief investment officer 1 Aug 2001 Other 4603200
Steven Paul Sorenson Principal 1 Nov 2004 Other 870372
David James Makowicz Principal / chief operating officer 1 Jul 2006 Other 4475217
Robert S Tull Principal / chief compliance officer 1 Jan 2010 Other 3176647
Robert Stanley Tull Principal / chief compliance officer 1 Jan 2010 Other 3176647
Jonathan A Blome Principal / chief financial officer 1 Jan 2011 Other 5955572
Cbre Clarion Securities Holdings Llc Member 1 Jul 2011 75% - 100% 61-1653462
Jeremy Michael Anagnos Principal / chief investment officer - infrastructure 1 Jan 2016 Other 4474381

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Cbre Clarion Rei Holding Shareholder 1 Nov 1998 75% - 100% 58-2442755
Inc. Cbre Group Shareholder 1 Feb 2001 75% - 100% 94-3391143
Inc. Cb Richard Ellis Group Shareholder 1 Feb 2001 75% - 100% 94-3391143
Inc. Cbre Services Member 1 Jul 2001 75% - 100% 52-1616016
Inc. Cb Richard Ellis Services Member 1 Jul 2001 75% - 100% 52-1616016
Llc Cb/Tcc Shareholder 1 Jul 2007 75% - 100% 26-0468617
Inc. Cb Holdco Shareholder 1 Jul 2007 75% - 100% 26-0468454
Inc. Cbre Clarion Cra Holdings Member 1 Jul 2011 75% - 100% 58-2442753
Inc. Cbre Shareholder 1 Jul 2011 75% - 100% 95-2743174
Inc. Cb Richard Ellis Shareholder 1 Jul 2011 75% - 100% 95-2743174

Based in Radnor

The principal office where Cbre Clarion Securities LLC performs its advisory services is located at 201 King Of Prussia Road, Radnor, PA 19087, 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 610-995-2500 or by fax 610-995-7343. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at cbreclarion.com.