Chesley, Taft & Associates, LLC

Overview

Chesley, Taft & Associates, LLC is a Chicago-based private investment firm specializing in personalized wealth management and financial planning services. Founded in 2001, the firm focuses on building long-term client relationships, working with select individual investors, families, and their related interests, including trusts, charitable foundations, retirement plans, and business accounts. As of December 31, 2024, the firm managed assets totaling $2.8 billion. The firm's investment approach is centered on individualized relationships between clients and portfolio managers, fostering collaboration among seasoned professionals. This strategy enables the creation of dynamic, customized investment portfolios tailored to each client's unique goals and needs. Chesley, Taft & Associates employs a diverse range of investment strategies, including Equity Growth at a Reasonable Price (GARP), Equity Dividend, Diversified Balanced Portfolio, and Long-Term Concentrated Growth Strategy. The firm conducts comprehensive equity and fixed income analysis, constructing portfolios using publicly traded securities and various investment vehicles to enhance diversification and return potential. Chesley, Taft & Associates has been recognized for its growth and expertise in the investment management industry. In 2024, the firm was ranked among the top 200 Registered Investment Advisors (RIAs) by Financial Advisor Magazine, reflecting its significant presence in the market. The firm's investment philosophy is grounded in 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. Investment requirements include a minimum of $1 million in assets under management, with fees based on assets under management, typically 1% on the first $3 million and 0.75% on the balance, payable quarterly. The firm primarily serves high-net-worth individuals and related entities, offering a range of services designed to manage, grow, and preserve wealth across generations.