Clerou Romain Pierre Walsh provides portfolio management for individuals and small businesses.
Clerou Romain Pierre Walsh reports 42 clients. They include 33 high-net-worth individuals and 9 individual clients. Of its assets, 100.0% ($219M across 42 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 21% | <1% |
| High-net-worth individuals | 79% | 99% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 9 | $1.72M | 0.8% | $191K |
| High-net-worth individuals | 33 | $217M | 99.2% | $6.58M |
| Total | 42 | $219M | 100% | $5.21M |
- Clients
- 9
- Regulatory AUM
- $1.72M
- AUM share
- 0.8%
- Avg. per client
- $191K
- Clients
- 33
- Regulatory AUM
- $217M
- AUM share
- 99.2%
- Avg. per client
- $6.58M
Total
- Clients
- 42
- Regulatory AUM
- $219M
- AUM share
- 100%
- Avg. per client
- $5.21M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Clerou Romain Pierre Walsh charges 0.35%–0.70% a year for its Flat fee on assets under management. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000.
Fee details and sources
Romain Clerou owns 75% or more of Clerou Romain Pierre Walsh. The leadership team of Clerou Romain Pierre Walsh includes Chief Compliance Officer Romain Clerou. It has 1 employee.
Leadership
- Romain ClerouOwner/Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Clerou Romain Pierre Walsh
Romain Clerou
Control person · since February 1990
Clerou Romain Pierre Walsh’s regulatory assets grew 1.5× from $142M (March 2021) to $219M (March 2026); clients rose from 40 to 42 and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $219M | 42 | 1 | 1 |
| March 2025 | $187M | 42 | 1 | 1 |
| March 2024 | $163M | 43 | 1 | 1 |
| March 2023 | $144M | 43 | 1 | 1 |
| March 2022 | $175M | 42 | 1 | 1 |
| March 2021 | $142M | 40 | 1 | 1 |
Besides its headquarters, Clerou Romain Pierre Walsh has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Clerou Romain Pierre Walsh
- Headquarters
- Not reported
- Website
- Not reported
- Phone
- 707-938-2220
- SEC file
- 801-117755
- Structure
- California sole proprietorship
- Fiscal year end
- December
Clerou Romain Pierre Walsh uses Charles Schwab ($107M) as custodian for its separately managed accounts. Clerou Romain Pierre Walsh does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $107M100%
At year end, Clerou Romain Pierre Walsh’s separately managed accounts were mostly in stocks (64%) and cash (20%).
What the accounts hold
- Stocks64%
- Bonds16%
- Cash20%
How many clients does Clerou Romain Pierre Walsh have?
Clerou Romain Pierre Walsh has 42 clients and manages $219 million for them, as of March 2026. They include 33 high-net-worth individuals and 9 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 March 2026
What services does Clerou Romain Pierre Walsh offer?
Clerou Romain Pierre Walsh provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Clerou Romain Pierre Walsh charge?
Clerou Romain Pierre Walsh charges 0.35%–0.70% a year for its Flat fee on assets under management. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000.
Source: FIRM BROCHURE - PART 2A OF FORM ADV, filed 9 March 2026
Which custodians does Clerou Romain Pierre Walsh use?
Clerou Romain Pierre Walsh’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $107M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 March 2026
How many financial advisors does Clerou Romain Pierre Walsh have?
Clerou Romain Pierre Walsh has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Clerou Romain Pierre Walsh invest in?
At the end of its last fiscal year, Clerou Romain Pierre Walsh’s separately managed accounts held 64% exchange-traded equities, 20% cash and equivalents and 16% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Clerou Romain Pierre Walsh have a minimum investment?
Yes, Clerou Romain Pierre Walsh’s minimum account size for its Flat fee on assets under management is $1M.
Source: FIRM BROCHURE - PART 2A OF FORM ADV, filed 9 March 2026
Who owns Clerou Romain Pierre Walsh?
Clerou Romain Pierre Walsh’s direct owner is Romain Clerou (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 March 2026
How does Clerou Romain Pierre Walsh get paid?
Clerou Romain Pierre Walsh 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 Clerou Romain Pierre Walsh?
Its phone number is 707-938-2220.