Clean Yield Group Inc (Norwich)


Clean Yield Group Inc is a large advisory firm based in Norwich. It manages $386.38 million of regulatory assets for 443 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Maryland, Massachusetts, and 4 other states.

Clean Yield Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Clean Yield Group: assets under management

The assets under management (AUM) of Clean Yield Group Inc is $386.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 806% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $386.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $872.18 thousand each.
Clean Yield Group has custody of $49.72 million in cash and securities for 64 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in government bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clean Yield Group Inc 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 Rian Fried serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Rian Fried is high net worth individuals with 108 clients and $310.72 million of assets under management. Among the 11 most similar advisory firms, Clean Yield Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $386.38 million for 197 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.

Clean Yield Group doesn't advise any private funds.

Careers at Clean Yield Group Inc

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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.

Rian Fried has been acting as President since 1 Jul 1986. Elizabeth Doyle Glenshaw joined the executive team most recently as the President & Treasurer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Rian Fried President 1 Jul 1986 50% - 75% 2366883
Paul Douglas Fleer Vice-president 1 Jul 1986 50% - 75% 1336263
Rian Fabian Fried President chief compliance officer 1 Jul 1986 50% - 75% 2366883
Dorigen Ryan Hofmann Chief compliance officer 1 Dec 2009 Other 5258903
Dorigen Ryan Hofmann Vice president, chief compliance officer 1 Oct 2012 25% - 50% 5258903
Eric Michael Becker Secretary 1 Oct 2012 25% - 50% 2641732
Elizabeth Doyle Glenshaw Treasurer 1 Oct 2012 Other 2661380
Elizabeth Doyle Glenshaw President & treasurer 1 Oct 2014 25% - 50% 2661380

Based in Norwich

The principal office where Clean Yield Group Inc performs its advisory services is located at 16 Beaver Meadow Rd., Norwich, VT 05055 The mailing address of the firm is Po Box 874, Norwich, VT 05055. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 802-526-2525 or by fax 802-526-2528. The normal business hours are 8:30 a.m - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at cleanyield.com.