What Clio Asset Management LLC does

Clio Asset Management LLC is an independent, SEC-registered investment management firm founded in 2018 by James Aldigé and headquartered in Charlottesville, Virginia. The firm offers discretionary investment management services through its primary product, the Clio Core Portfolio, which holds a concentrated, long-term position of 8-12 deeply researched publicly traded stocks. The strategy is unconstrained across geography, market capitalization, sector, and benchmark, and clients retain ownership of their assets via separately managed accounts custodied at Charles Schwab & Co.

The firm targets sophisticated investors — high net worth individuals, family offices, and select foundations and endowments — through a high-touch, relationship-driven distribution model with no intermediaries. Operating with 1-10 employees and no proprietary technology platform, Clio relies on traditional fundamental equity analysis rather than technology-driven solutions. Its technology footprint is limited to third-party integrations: Charles Schwab for custody and reporting, and a YHL Soft-powered client portal for account access.

The business model is a subscription-style recurring fee on assets under management, billed annually, with a graduated rate structure that declines over the length of the client relationship to align long-term incentives. Marketing is minimal and relationship-based, relying on the founder's LinkedIn presence, a 2021 MOI Global podcast appearance, client letters, and monthly performance updates rather than broad digital campaigns. The firm is founder-owned with no institutional, private equity, or parent company ownership disclosed.

Name

Clio Asset Management LLC

Legal name

Clio Asset Management LLC

Website

https://clioam.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Clio Asset Management LLC is an SEC-registered, founder-owned investment management firm in Charlottesville, VA that provides discretionary concentrated public equity portfolio management to high net worth individuals, family offices, and select foundations via separately managed accounts custodied at Charles Schwab.

Ownership category

akta.pro rank

Product category

Discretionary Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

Keywords

• Discretionary investment management
• Public equity management
• Separately managed accounts
• Concentrated equity portfolios
• Long-term wealth management

Headquarters

HQ city

Charlottesville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Management Fees: Discretionary investment management fees charged to clients for portfolio management services. The firm employs a simple fee structure that declines over the length of a client relationship, aligning long-term incentives.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Clio Asset Management provides discretionary investment management services through its primary product, the Clio Core Portfolio: a long-term, low-turnover, high-conviction portfolio of 8-12 deeply researched publicly traded stocks held in separately managed accounts custodied at Charles Schwab & Co. The strategy is unconstrained by geography, market capitalization, sector, and benchmark, and is offered exclusively to high net worth individuals, family offices, and select foundations and endowments.

Product overview

Clio Asset Management LLC is an independent investment manager offering discretionary investment management services through its primary product, the Clio Core Portfolio. The firm operates a separately managed account model where clients retain ownership of their assets, custodied at Charles Schwab & Co. The strategy focuses on a concentrated public equity portfolio of 8-12 deeply researched companies, designed for long-term holding with low turnover. The product is available exclusively to high net worth individuals, family offices, and select foundations and endowments.

Differentiator

Problem solved

Functional benefit

Products and services

• Clio Core Portfolio A long-term, low-turnover, high-conviction public equity portfolio of 8-12 deeply researched publicly traded stocks, held in separately managed accounts custodied at Charles Schwab & Co. The strategy is unconstrained from geographic, market capitalization, sector, and benchmark perspectives and is offered to high net worth individuals, family offices, and select foundations and endowments.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

One partnership is on record.

• Charles Schwab & Co.coreOthersCharles Schwab serves as the custodian for all client assets in separately managed accounts. This partnership provides institutional-grade custody, reporting, and account administration services, ensuring client assets remain in their own names with full transparency.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Baupost Group: Large alternative investment firm running a long-term, concentrated public and private value strategy. Comparable in its patience-driven, fundamentals-first equity philosophy, but operates at much greater scale and across multiple asset types.
• First Pacific Advisors: Established investment manager with multiple concentrated active equity strategies and significant AUM in long-term mandates. Comparable in offering concentrated public-equity products on a long horizon, but with greater scale, multi-strategy depth, and institutional distribution.
• Berkshire Hathaway: The canonical example of a long-term, concentrated, high-conviction public equity holder. Philosophically aligned with Clio's buy-and-hold approach to exceptional businesses, but vastly larger and operating across insurance, energy, and rail in addition to securities.

Emerging players

• Cardinal Capital Management: Boutique investment manager employing a concentrated, fundamentals-first equity approach targeting long-term capital appreciation. Comparable in style and client profile, though typically with a value-tilted orientation and traditional mutual fund structures alongside separate accounts.
• Montier Capital Management: Independent boutique running concentrated, long-term mandates for individual and family-office investors. Comparable in being a small, founder-led RIA offering high-conviction equity portfolios with simple, alignment-focused fee structures.
• Greenhaven Road Capital: Boutique active equity manager focused on concentrated, long-term holdings of high-quality public companies. Directly comparable in portfolio construction philosophy, mandate design, and HNW/family-office client focus, though typically private-account oriented.

Direct peers

• Ivy Road Partners: Multi-family office co-founded by James Aldigé that served as Head of Public Investments. Directly comparable to Clio in serving HNW individuals and families with institutional-quality public equity exposure, with an even broader wealth-services overlay.
• Durable Capital Partners: Boutique active equity manager pursuing a concentrated, long-term ownership approach in publicly traded companies. Closely comparable in philosophy, mandate style, and emphasis on alignment through the firm's principals' own capital invested alongside clients.
• Tiger Eye Capital: James Aldigé's prior fundamental long/short equity fund where he served as Partner and Managing Director. Comparable in that it runs an active, research-intensive public equity strategy with a similarly high-quality client base, but was a long/short hedge fund versus Clio's long-only SMA mandate.

Regional players

• Fiduciary Wealth Management: SEC-registered RIA providing discretionary portfolio management to HNW families, foundations and endowments via separately managed accounts. Closely comparable in mandate structure, SMA custody model, and client segments served.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-clio-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clio Asset Management LLC