Clarion River Adventures, LLC

Clarion River Adventures, LLC is a single-advisor registered investment adviser that manages $13,000,000 in client assets for a small roster of clients and offers investment management alongside bundled financial services such as financial planning, tax planning, estate planning, insurance planning and portfolio management. The firm’s stated client types include individuals (trusts, estates, retirement accounts) and high‑net‑worth/qualified purchasers, and it does not maintain non‑high‑net‑worth individual clients.

The advisor primarily manages client assets on a discretionary basis (the brochure reports $13,000,000 discretionary and $0 nondiscretionary) and uses fundamental analysis and Modern Portfolio Theory when constructing portfolios, employing mutual funds, ETFs, public equity, corporate and municipal debt, variable annuities, life insurance subaccounts and REITs as appropriate. Clarion River conducts quarterly account reviews, coordinates with clients’ other professionals, and emphasizes year‑end tax projections and periodic estate‑plan reviews with clients’ attorneys.

Noteworthy features for a firm of this size include the bundled, separately priced comprehensive financial‑services engagement offered in addition to AUM management and the firm’s disclosure of insurance‑related activities by related persons (with potential commission conflicts). The brochure also notes operational choices that differ from some peers — the firm does not accept proxy‑voting authority, does not receive soft‑dollar benefits, and does not direct clients to particular broker‑dealers.