Clio Asset Management LLC

Clio Asset Management LLC, established in May 2018, offers discretionary asset management services to clients, focusing on individual investment goals, risk tolerance, and objectives. The firm's core portfolio strategy aims to compound capital through long-term ownership of exceptional businesses. Clio charges an annual investment advisory fee based on total assets under management, starting at 1.25% and decreasing annually. Clients may impose restrictions on investments, and fees are billed quarterly in arrears. Performance-based fees may apply, calculated as 20% of any increase from the previous quarter. Clients must have at least $1,000,000 to open an account, with the option for Clio to lower or waive this requirement. The firm conducts security analysis using fundamental analysis and focuses on factors determining a company's value and future earnings. Clients are urged to be prepared for investment risks, including market, interest-rate, inflation, and currency risks. Clio reviews client accounts quarterly and provides written account statements monthly. The firm does not receive external compensation, compensates for client referrals, or vote proxies on securities. James G. Aldigé IV, the managing member, has a strong educational background and extensive experience in the financial industry. He is responsible for all supervision and investment advice at Clio.