Circle Wealth Management, LLC (“CWM”) is a New Jersey based registered investment adviser
with offices in New York City and Summit, New Jersey. We were formed in December 2006 in
the state of Delaware and registered as an investment adviser with the SEC on April 24, 2007.
CWM is principally owned by Maria L. Kattan-Chrin with four other equity Partners.
We provide customized wealth advisory, investment management and family office services to a
select group of high-net-worth individuals and multi-generational families, their related trusts,
foundations, and endowments. We offer a collaborative and comprehensive approach to planning,
investment management, and financial education. Clients have access to the CWM Women’s
Financial Education Group.
We spend considerable time getting to know each of our clients, both at the beginning of the
relationship and on an ongoing basis. Through a series of discussions, we ascertain the client’s
financial situation, investment objectives, and risk preferences. Based on this information, we
prepare a customized Investment Policy Statement (IPS) which consists of a strategic asset
allocation reflective of client’s goals and our asset class and market views. We review the IPS with
our clients annually and update it, to reflect changing objectives and/or circumstances. A client
may, at any time, impose reasonable restrictions, in writing, on CWM’s services.
Our investment management services include due diligence across asset classes and investment
strategies, selection of managers and/or securities, portfolio
implementation, ongoing monitoring,
and comprehensive reporting. Our monitoring process includes daily cash and transaction
reconciliation across all accounts and custodians, providing real-time transparency and aggregated
performance tracking. Our reporting system can also incorporate assets that are not directly
managed by CWM to provide a comprehensive financial picture.
Our holistic approach integrates estate, tax, insurance, and charitable considerations. We have in-
house knowledge to support these planning needs but do not directly offer these services. We work
collaboratively with clients’ attorneys, accountants, consultants, and insurance experts to provide
a cohesive and efficient experience.
CWM provides discretionary and non-discretionary investment advisory services on a fee basis as
discussed in Item 5 below. Before engaging CWM to provide investment advisory services, clients
are generally required to enter into an Investment Advisory Agreement with CWM setting forth
the terms and conditions of the engagement, describing the scope of the services to be provided,
and the fee that is due from the client. A copy of the CWM’s written Brochure and Client
Relationship Summary, as set forth on Part 2 of Form ADV and Form CRS respectively, is
provided to each client prior to the execution of any advisory agreement.
As of December 31, 2023, we managed assets for 64 primary client relationships. Total assets under
management were $10,174,361,288 of which $5,235,569,956 were discretionary and $4,938,791,332
were non-discretionary.