Chesapeake Asset Management LLC

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Client assets under management

$297,597,169

Clients

130

50% high-net worth

Advisors

of 5 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Typical

Average account size

$2,289,209

About

Chesapeake Asset Management provides wealth management and investment advisory services to individuals, families, family offices, endowments, foundations and other registered investment advisers. The firm operates through a Private Wealth Division that offers discretionary portfolio management and comprehensive financial planning for individual clients, and an Alternatives Advisory Group that delivers non-discretionary advisory and operational support for alternative investments.

The firm’s public-markets investment process emphasizes fundamental analysis to identify undervalued companies and construct customized or model portfolios, and it implements strategies that can include long and short positions, thematic equity baskets, options and margin for clients who permit them. For alternatives, Chesapeake focuses on sourcing, manager due diligence, operational support and monitoring for private equity, private credit, real estate, infrastructure, hedge funds and digital assets, typically on a non-discretionary consultative basis.

What distinguishes Chesapeake from many peers is that it acts as an investment manager and general partner to a privately offered pooled vehicle (Concinnity Partners), facilitates feeder funds and SPVs, and in limited cases participates in carried-interest arrangements while waiving duplicative asset-based fees. The firm also manages a material portion of assets on a non-discretionary basis and, in limited circumstances, accepts performance-based compensation—features that are relatively uncommon among similarly sized supported advisers.

Client services

Portfolio management Selection of other advisers

Expertise

Passive / index investing Active portfolio management Concentrated stock management Tax-loss harvesting Private / alternative investments

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Fixed fees as mutually agreed upon for project-based engagements

Percentage

$0+: 1.0% per annum (0.25% per quarter) for Private Wealth Division discretionary separately managed accounts $0+: 1.0% per annum (0.25% per quarter) for Concinnity Partners limited partners $0+: 0.40% - 1.00% per annum for Alternatives Advisory Group full alternative advisory services

Project-based

Hourly fees as mutually agreed upon for project-based engagements

Performance-based

Performance-based fees may be charged in limited circumstances for certain client accounts and via carried interest from third-party fund or SPV sponsors, disclosed in offering documents and subscription agreements

Other

Fee-only: Fixed or hourly fees for project-based engagements such as financial planning, tax strategy development, or estate planning support

Main office location

Chesapeake Asset Management LLC

126 E 56 Th St, Suite 410

New York NY 10022-3613, United States

Number of offices

Most active in

Arkansas · California · Colorado · Connecticut · Florida · Idaho · Maryland · Massachusetts · Nebraska · New Jersey · New York · North Carolina · Pennsylvania · Texas · Virginia

Disclosures

Business activities & affiliations

Is active or affiliated with:

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Website 212-218-4040

Advisors at this firm

Gerasimos E

Series 65

New York, NY

Chesapeake Asset Management LLC

Gerasimos Efthimiatos is a financial advisor at Chesapeake Asset Management LLC with three years of industry experience. He holds a Series 65 designation and has been with Chesapeake since 2014. He also serves as the managing member of CAM Global GP LLC. Chesapeake Asset Management is an SEC-registered investment adviser that provides portfolio management and advisory services to individuals, families, retirement accounts, corporations, foundations, and pooled investment vehicles. The firm offers discretionary public-markets portfolio management and customized global multi-asset class portfolios, acting as investment manager and general partner for private pooled vehicles.

Passive / index investing Active portfolio management Concentrated stock management Tax-loss harvesting Private / alternative investments Founder/Business Owner Executive

Ryan B

Series 66

New York, NY

Chesapeake Asset Management LLC

Ryan Berman is a financial advisor at Chesapeake Asset Management LLC with 12 years of industry experience. He holds the Series 66 designation and has worked at Chesapeake since 2022. His prior experience includes roles at Cherry Lane Capital LLC and Morgan Stanley. Chesapeake Asset Management is an SEC-registered investment adviser serving individuals, families, retirement accounts, corporations, and pooled investment vehicles. The firm offers discretionary public-markets portfolio management and customized global multi-asset class portfolios, and it acts as investment manager and general partner for private pooled vehicles.

Passive / index investing Active portfolio management Concentrated stock management Tax-loss harvesting Private / alternative investments Founder/Business Owner Executive

Theodore G

Series 63, Series 65

New York, NY

Chesapeake Asset Management LLC

Theodore Goneos is a financial advisor at Chesapeake Asset Management LLC in New York, NY, holding Series 63 and Series 65 licenses. He has over two decades of experience, having worked at Endevon Capital, LLC from 2001 to 2024 before joining Chesapeake in 2024. He has also served as managing member of two business consulting firms, Endevon Capital, LLC and Fincco, LLC, though these activities are currently inactive. Chesapeake Asset Management is an SEC-registered investment adviser that provides portfolio management and advisory services to individuals, families, retirement accounts, corporations, foundations, and pooled investment vehicles. The firm employs a mix of fundamental and technical analysis to build client-specific, multi-asset portfolios and acts as investment manager and general partner for private pooled vehicles, distinguishing itself through its role as a private fund adviser and fund sponsor.

Passive / index investing Active portfolio management Concentrated stock management Tax-loss harvesting Private / alternative investments Founder/Business Owner Executive

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