Overview
CLP Asset Management, LLC (hereinafter called “CLP”) is an investment adviser based in
Ooltewah, Tennessee, and incorporated under the laws of the State of Delaware. CLP is
owned by Joshua Luff, Jonathan Thiel, and Richard Losiniecki. CLP is registered with the
U.S. Securities and Exchange Commission (“SEC”) and is subject to the rules and regulations
of the U.S. Advisers Act. Founded in October 2019, CLP provides investment advisory
services, which may include, but are not limited to, the review of client investment objectives
and goals, recommending asset allocation strategies of managed assets among investment
products such as cash, stocks, mutual funds and bonds, annuities, and/or preparing written
investment strategies. Our investment advice is tailored to meet our clients’ needs and
investment objectives. Clients may impose restrictions on investing in certain securities or
types of securities (such as a product type, specific companies, specific sectors, etc.) by
providing a signed and dated written notification, of which an e-mail is also an acceptable
form of notification.
CLP provides investment advisory and other financial services through its Investment
Advisory Representatives ("IAR") to accounts opened with CLP. Managed Accounts
are
available to individuals.
CLP provides discretionary and non-discretionary investment advisory services to some of its
clients through various managed account programs. CLP will assist clients in determining the
suitability of the Managed Account Programs for the client. The IAR is compensated through
a comprehensive single fee and the account may be assessed other charges associated with
conducting a brokerage business. CLP and its IAR, as appropriate, will be responsible for the
following:
• Performing due diligence
• Recommending strategic asset and style allocations
• Providing research on investment product options, as needed
• Providing client risk profile questionnaire
• Obtaining investment advisory contract from client with required financial, risk
tolerance, suitability and investment vehicle selection information for each new account
• Performing client suitability check on account documentation, review the investment
objectives and evaluate the investment vehicle selections
• Providing Firm Brochure (this document)
As of March 1, 2024, the firm has $140,280,000 discretionary assets under management and
$0 non-discretionary assets under management.
Form ADV, Part 2A, Item 5