Clarkston Capital Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions. The firm advises 1 private fund.
Clarkston Capital Partners reports 142 clients. They include 106 individual clients, 17 high-net-worth individuals and 7 state or municipal government entities. Of its assets, 99.5% ($1.7B across 345 accounts) are managed with discretion; $9.23M across 2 accounts are not. A wrap fee program the firm both sponsors and manages holds $908K. Of its clients, 2% are outside the U.S. It advised 44 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 4% |
| High-net-worth individuals | 12% | 7% |
| Investment companies | <1% | 44% |
| Pooled investment vehicles | 1% | 7% |
| Pension and profit-sharing plans | 4% | 13% |
| Other client typesCharitable organizations; State or municipal government entities; Other investment advisers; Insurance companies; Corporations and other businesses | 8% | 25% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 106 | $76.7M | 4.5% | $724K |
| High-net-worth individuals | 17 | $116M | 6.8% | $6.82M |
| Investment companies | 1 | $756M | 44.2% | $756M |
| Pooled investment vehicles | 2 | $123M | 7.2% | $61.5M |
| Pension and profit-sharing plans | 5 | $215M | 12.6% | $43M |
| Charitable organizations | 2 | $12.6M | 0.7% | $6.32M |
| State or municipal government entities | 7 | $245M | 14.3% | $35M |
| Other investment advisers | Fewer than 5 | $161M | 9.4% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | 2 | $5.48M | 0.3% | $2.74M |
| Total | 142 | $1.71B | 100% | — |
- Clients
- 106
- Regulatory AUM
- $76.7M
- AUM share
- 4.5%
- Avg. per client
- $724K
- Clients
- 17
- Regulatory AUM
- $116M
- AUM share
- 6.8%
- Avg. per client
- $6.82M
- Clients
- 1
- Regulatory AUM
- $756M
- AUM share
- 44.2%
- Avg. per client
- $756M
- Clients
- 2
- Regulatory AUM
- $123M
- AUM share
- 7.2%
- Avg. per client
- $61.5M
- Clients
- 5
- Regulatory AUM
- $215M
- AUM share
- 12.6%
- Avg. per client
- $43M
- Clients
- 2
- Regulatory AUM
- $12.6M
- AUM share
- 0.7%
- Avg. per client
- $6.32M
- Clients
- 7
- Regulatory AUM
- $245M
- AUM share
- 14.3%
- Avg. per client
- $35M
- Clients
- Fewer than 5
- Regulatory AUM
- $161M
- AUM share
- 9.4%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 2
- Regulatory AUM
- $5.48M
- AUM share
- 0.3%
- Avg. per client
- $2.74M
Total
- Clients
- 142
- Regulatory AUM
- $1.71B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 2%
- Clients advised without assets under management last fiscal year
- 44
- Private funds advised
- 1
Clarkston Capital Partners is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Clarkston Companies, Inc. owns 75% or more of Clarkston Capital Partners and is in turn owned by Jeffrey Hakala (25–50%) and Gerald Hakala (25–50%). Jeffrey Hakala is CEO; the leadership team includes Chief Investment Officer Gerald Hakala, Chief Financial Officer James Smith and Chief Compliance Officer Joyce Meazzi-La Preta. It has 21 employees, 12 of them in advisory roles.
Staff
- 21 employees
- 12 in advisory functions
- 8 state-registered reps
- 6 broker-dealer reps
- 2 soliciting firms
- Owns 75% or more of Clarkston Capital Partners, LLC
Clarkston Companies, Inc.
Control person · since December 2018
- Owns 25% to 50% of Clarkston Companies, Inc.
Jeffrey Hakala
Control person · since December 2018
- Owns 25% to 50% of Clarkston Companies, Inc.
Gerald Hakala
Control person · since December 2018
Clarkston Capital Partners’ regulatory assets fell from $5.69B (March 2021) to $1.71B (July 2026); clients fell from 843 to 142 and employees from 29 to 21.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $1.71B | 142 | 21 | 1 |
| Jun 2025June 2025 | $6.77B | 882 | 38 | 3 |
| Mar 2024March 2024 | $6.69B | 1,189 | 37 | 3 |
| Aug 2023August 2023 | $6.52B | 1,143 | 37 | 3 |
| Mar 2022March 2022 | $6.78B | 1,106 | 35 | 3 |
| Mar 2021March 2021 | $5.69B | 843 | 29 | 2 |
Besides its headquarters, Clarkston Capital Partners has 0 offices, with 1 listed address in 1 state.
Michigan · 1 listed address
- 303 East Third St, Suite 110, RochesterHQ
Other business names
Clarkston Capital Partners has reported 2 other business names to the SEC.
- Clarkston Capital
- Clarkston Private Client
Contact and registration details
- Legal name
- Clarkston Capital Partners, LLC
- Headquarters
- 303 East Third St, Suite 110, Rochester, MI 48307
- Website
- clarkstoncapital.com
- Phone
- 248-940-3040
- @clarkston-capital-partners-llc
- SEC file
- 801-67681
- Structure
- Michigan LLC
- Fiscal year end
- December
Clarkston Capital Partners’ named custodians for separately managed accounts are Charles Schwab ($278M, 51%) and State Street Bank & Trust ($268M, 49%). Clarkston Capital Partners has custody of $281M for 138 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $278M51%
- State Street Bank & TrustState Street Bank & Trust Company · Quincy, MA · $268M49%
At year end, Clarkston Capital Partners’ separately managed accounts were mostly in stocks (82%) and cash (11%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.18B across 96 positions; the largest are Post Hldgs Inc. (9.0%), Clarivate PLC (8.3%) and Affiliated Managers Group (6.5%).
What the accounts hold
- Stocks82%
- Bonds7%
- U.S. government and agency bonds4%
- Investment grade corporate bonds3%
- Cash11%
How many clients does Clarkston Capital Partners have?
Clarkston Capital Partners has 142 clients and manages $1.71 billion for them, as of July 2026. They include 106 individual clients, 17 high-net-worth individuals and 7 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 July 2026
What services does Clarkston Capital Partners offer?
Clarkston Capital Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Clarkston Capital Partners use?
Clarkston Capital Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $278M and State Street Bank & Trust Company (Quincy, MA), with $268M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 July 2026
How many financial advisors does Clarkston Capital Partners have?
Clarkston Capital Partners has 8 investment adviser representatives registered with state securities authorities, out of 21 employees, and 12 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 0 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Clarkston Capital Partners invest in?
At the end of its last fiscal year, Clarkston Capital Partners’ separately managed accounts held 82% exchange-traded equities, 11% cash and equivalents, 4% U.S. government and agency bonds and 3% investment grade corporate bonds. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Clarkston Capital Partners?
Clarkston Capital Partners is owned through a holding company by Jeffrey and Gerald Hakala. Its direct owner is Clarkston Companies, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 July 2026
How does Clarkston Capital Partners get paid?
Clarkston Capital Partners is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Clarkston Capital Partners?
Clarkston Capital Partners’ main office is at 303 East Third St, Suite 110, Rochester, MI 48307. Its phone number is 248-940-3040. Its website is clarkstoncapital.com.