Clark Asset Management, LLC

Clark Asset Management, LLC, founded in June 2016, is a registered investment adviser with the U.S. Securities and Exchange Commission. The firm manages $749,924,076 on a discretionary basis and $28,415,234 on a non-discretionary basis as of December 31, 2024. Services offered include wealth management, comprising investment management and financial planning. Investment management involves tailored investment portfolios, guided by client objectives, with services provided on both discretionary and non-discretionary bases. Financial planning evaluates current and future financial states, covering areas such as retirement income planning, tax planning, risk management, inter-generational asset transfers, college savings planning, and charitable gift planning. The firm charges a fixed flat fee of $12,500 annually per client for wealth management services, payable quarterly in advance. Clark Asset Management practices passive investment management primarily, focusing on low portfolio expenses, minimal trading costs, and tax efficiency. The firm does not offer performance-based fees and serves individuals and high net-worth individuals without a minimum account size requirement, though the wealth management service is most suitable for clients with $1 to $10 million in investable assets. Clients have the option to choose their custodian and may impose reasonable restrictions on investments. The firm does not engage in block trading and does not receive soft dollar benefits. Clients receive annual account reviews and have exclusive responsibility for voting proxies and acting on corporate actions related to their investments. Clark Asset Management does not have custody of client funds and maintains financial stability without impairments to meeting client commitments.