Klingman and Associates, LLC

RIASEC Registered

Total AUM

$5.7B

Discretionary

$4.1B

73% of AUM

Avg account

$1.6M

Accounts

3,532

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 125618
Registered since: April 17, 2007
Website: www.klingmanria.com
Custodians: RAYMOND JAMES & ASSOCIATES, INC., PRINCIPAL SECURITIES, INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI76.52%
Pension & Profit Sharing Plans21.28%
Individuals1.75%
Charitable Organizations0.46%
Services: Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Klingman and Associates, LLC is an independent, individual-owned RIA that provides financial planning and portfolio management for individuals, families and small institutions. The firm is registered with the SEC (registered in 2007) and bills clients using a mix of AUM-based fees and fixed fees. Its advisory focus is traditional wealth management rather than pension consulting or multi-state institutional consulting; the firm does not identify as an active ESG investor. Klingman appears to serve both high-net-worth individuals and institutional accounts. Public recognition includes placements on RIA lists and rankings from FA Magazine (2020) and Forbes (2022, 2023, 2024), suggesting visibility among industry publications rather than a wholesale asset-gathering platform. The firm maintains an affiliation with an insurance company, which can be leveraged for ancillary products or distribution relationships, but its primary stated activities are financial planning and discretionary portfolio management for individuals and small businesses.