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.
Klingenstein Fields Advisors
New York, NY
Klingenstein, Fields & Co., L.P., CRD 105907
Firm filing updated July 28, 2026 ·
- $4.7BAssets
- 18Advisory staff
- 1,309Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- High net worth individuals977
- Individuals260
- Charities41
- Corporations or other businesses17
- Pooled vehicles12
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 260 | $66.8 million |
| High net worth individuals | 977 | $3.9 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $171.5 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $2.0 million |
| Charitable organizations | 41 | $445.5 million |
| Corporations or other businesses not listed above | 17 | $109.8 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
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 5 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Financial planning 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
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$4.7 billion
- Accounts1,309
- Discretionary$4.0 billion · 1,287 accounts
- Non-discretionary$731.8 million · 22 accounts
People
- Employees39
- Advisory staff18
- Broker-dealer reps1
- Licensed insurance agents0
- Planning clients101 to 250
Advisors
1 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Klingenstein, Fields & Co., L.P. SEC-registered investment advisor. CRD 105907, SEC file 801-33347.
- Registered with the SEC as an investment advisor (status date on record: December 16, 1988).
Is Klingenstein Fields Advisors a fiduciary?
Short answer: Klingenstein Fields Advisors is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 1 staff member is a broker-dealer representative. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
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.