Cbre Clarion Securities LLC (Radnor)

Name: Cbre Clarion Securities LLC
Address: 201 King Of Prussia Road, Radnor, PA, 19087
Telephone: 610-995-2500

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.