Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Clear Creek Advisors Overview
Clear Creek Advisors is a fee-only registered investment advisory firm headquartered in Denver, CO. They have been in business since 2018. As an insurance broker/agent, they provide investment advice to help their clients achieve their financial goals. The firm offers a variety of services, including financial planning, portfolio management for individuals and small businesses, and the selection of other advisors. They work with their clients to create a customized plan to meet their specific needs and goals. One of the key benefits of Clear Creek Advisors is their fee-only arrangement, meaning they do not earn commissions from any investment sales. This ensures their clients receive unbiased investment advice that is focused solely on their best interests. Overall, Clear Creek Advisors provides a comprehensive approach to investing, helping their clients make informed decisions and achieve their long-term financial goals.
CLEAR CREEK ADVISORS caters to a diverse range of clients, ranging from individuals to high net worth individuals seeking professional financial advice. The firm’s financial advisors possess a wealth of experience and knowledge that enables them to cater to clients of varying backgrounds and financial situations. When it comes to fee structures, CLEAR CREEK ADVISORS offers two different options. The first is a percentage of assets under management (AUM) model, which is commonly used in the wealth management industry. This model involves charging a percentage of the client’s total assets under management, typically ranging from 0.5% to 1.5%. The second option is a fixed fee structure, where a pre-determined fee is charged for a specific service provided. This option may be more appropriate for clients who do not have substantial assets under management. The fee structure option will depend on the type of service provided, the level of expertise required, and the level of customization desired by the client. Overall, CLEAR CREEK ADVISORS aims to provide transparent and cost-effective fee structures tailored to the specific needs of their clients.
Typical Clients, Fee Structures & Investment Minimum
The Part 2 Brochure for Clear Creek Advisors states that the firm does not have any minimum requirements for opening or maintaining an account. Therefore, there is no investment minimum for this firm.
How This Office Can Help Englewood, CO Residents
Clear Creek Advisors is a financial advisory firm located in Englewood, CO that assists clients in various financial situations. Englewood residents may be facing unique financial challenges such as managing multiple retirement accounts, navigating the complexities of taxes and estate planning, or creating a financial plan for transitioning into retirement. Clear Creek Advisors offers personalized financial planning and investment management services to address these challenges and more. The firm's team of experienced financial advisors work closely with clients to understand their unique financial situation, goals, and concerns, and develop a customized plan to help them achieve financial success. The advisors help clients manage their investment portfolios, diversifying their investments and minimizing risk. They also help clients create tax-efficient estate plans, including trusts and charitable giving strategies. With Clear Creek Advisors, Englewood residents have access to a broad range of financial experts and resources to help them navigate complex financial situations with confidence.
Services Offered by Clear Creek Advisors
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Clear Creek Advisors most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 8:30 AM–5 PM
- Tue 8:30 AM–5 PM
- Wed 8:30 AM–5 PM
- Thu 8:30 AM–5 PM
- Fri 8:30 AM–2 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Clear Creek Advisors is registered to service clients in the following states:
- Colorado
- Texas
Disciplinary History
Clear Creek Advisors does not have any disclosures. Please visit it's Form ADV for more details.