SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Cohen Klingenstein, LLC
New York, NY
CRD 148428
Firm filing updated March 23, 2026 ·
- $3.4BAssets
- 3Advisory staff
- 114Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals76
- Individuals14
- Charities10
- Pooled vehicles6
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 14 | $3.7 million |
| High net worth individuals | 76 | $134.3 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $2.3 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $13.1 million |
| Charitable organizations | 10 | $962.3 million |
| Other: "SOLE PROPRIETOR LLC" | 6 | $5.8 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$3.4 billion
- Accounts114
- DiscretionaryAll accounts
People
- Employees7
- Advisory staff3
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients0
Registration details
- SEC-registered investment advisor. CRD 148428, SEC file 801-69612.
- Registered with the SEC as an investment advisor (status date on record: September 23, 2008).
Is Cohen Klingenstein, LLC a fiduciary?
Short answer: Cohen Klingenstein, LLC is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.