Chesley, Taft & Associates, LLC

Chesley, Taft & Associates, LLC is an independent employee-owned investment management firm founded in January 2001 in Chicago, Illinois. The firm specializes in serving the individual investment needs of high net worth clients, offering personalized financial planning services and tailored investment portfolios. The firm's assets under management were $2.795 billion as of December 31, 2024, with discretionary portfolio management services provided for over $2.586 billion. Chesley, Taft & Associates charges fees based on assets under management, with standard annual fees of 1% on the first $3 million and ¾ of 1% on the balance, payable quarterly. The firm does not charge performance-based fees. Clients typically have minimum assets under management of $1 million, and the firm primarily serves high net worth individuals and related entities. The firm's investment strategies include Equity Growth at a Reasonable Price (GARP), Equity Dividend, Diversified Balanced Portfolio, and Long Term Concentrated Growth Strategy. Chesley, Taft & Associates conducts equity and fixed income analysis, constructs portfolios using publicly traded securities, and utilizes a variety of investment vehicles to enhance diversification and return potential. The firm's investment philosophy is based on placing clients' interests first and avoiding conflicts of interest in personal securities transactions. Clients have the option to delegate proxy voting authority to the firm, which votes proxies in the best interest of clients.