Van Cleef Asset Management Inc

Van Cleef Asset Management, Inc. is an independent Registered Investment Adviser established in 1988. The firm specializes in providing unbiased investment counsel for individual, family, trust, religious, and charitable organization clients. Their investment philosophy focuses on a total return, all capitalization approach, emphasizing passive exposures alongside actively managed portfolios. The firm's Investment Committee, including Geoffrey C. Hauck, Martin J. Burke Sr. and Jr., and Lino Sergo, determines investment policy. Van Cleef manages approximately $1.09 billion in total assets, with both discretionary and non-discretionary management options available. For fees, Van Cleef charges a percentage of assets under management, with fees generally assessed quarterly in arrears. The annual fee schedule ranges from 0.6% to 1.0% based on the market value of assets. Clients may impose reasonable restrictions on investments. The firm does not charge performance-based fees and primarily serves individual and family clients, along with some institutional relationships. The firm's investment strategies focus on equity and fixed income investments, aiming for a balance of principal appreciation and dividend income. The team evaluates company prospects, management capabilities, industry outlook, and dividend potential. Van Cleef emphasizes a patient approach with a 2-3 year time horizon for equity positions and a laddered maturity structure for fixed income holdings. Van Cleef does not participate in Wrap Fee Programs and does not charge additional fees beyond the advisory fees. The firm's Code of Ethics ensures client interests are prioritized, and supervised persons are required to comply with high standards of conduct. The firm does not engage in soft dollar arrangements and provides transparency regarding brokerage practices, including best execution policies and periodic reviews of transaction costs.