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.
Klingman and Associates, LLC
New York, NY
CRD 125618
Firm filing updated May 1, 2026 ·
- $5.7BAssets
- 14Advisory staff
- 3,532Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals456
- Individuals248
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 248 | $98.9 million |
| High net worth individuals | 456 | $4.3 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $1.2 billion |
| Charitable organizations | Fewer than 5 clients | $26.0 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
- Other: "GENERAL CONSULTING SERVICES"
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other: "GENERAL CONSULTING SERVICES"
Assets and accounts
- Regulatory assets$5.7 billion
- Accounts3,532
- Discretionary$4.1 billion · 3,084 accounts
- Non-discretionary$1.5 billion · 448 accounts
People
- Employees25
- Advisory staff14
- Broker-dealer reps0
- Licensed insurance agents5
- Planning clients704
Advisors
7 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 125618, SEC file 801-67783.
- Registered with the SEC as an investment advisor (status date on record: April 17, 2007).
Is Klingman and Associates, LLC a fiduciary?
Short answer: Klingman and Associates, LLC 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.'
5 staff are licensed insurance agents and the firm has a related insurance company or agency.
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.