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Churchill Management Group Review

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Churchill Management Group

Churchill Management Group functions as a fee-only firm providing investment advisory services to investment limited partnerships and various client accounts. The financial advisor has more than $5.5 billion in assets under management (AUM), and it currently serves more than 17,000 clients. 

Churchill Management Group Background

CEO and Chairman Fred A. Fern founded Churchill Management in 1963. The firm is headquartered in Los Angeles, but it also offers financial planning, 401(k) planning and investment management services at its other locations throughout the U.S. In addition, the firm uses its discretionary authority to invest primarily in publicly traded equity and equity-related securities. 

What Types of Clients Does Churchill Management Group Accept?

Churchill Management provides investment advisory services to individuals, pension plans, trusts, investment funds and other types of entities. 

Churchill Management Group Minimum Account Sizes

The firm generally requires an account minimum of $750,000, but for its Chartwell Family Funds and California Limited Partnerships, it prefers a minimum of $1,000,000. 

Services Offered by Churchill Management Group

Churchill Management primarily provides investment management and financial planning services, but it also offers investment products. It’s services and products include:

  • Investment Strategies
    • Fully invested strategies
    • Fixed income strategies
    • Tactical strategies
    • Combined strategies  
  • Investment Products 
  • Financial Planning
    • Securities investing advice 
    • Financial plan strategies 
  • 401(k) planning

Investment Philosophy

Through Churchill Management’s Premiere Wealth Tactical investment philosophy, the firm strives to pinpoint and grow wealth in favorable markets while protecting capital from high-risk situations. The firm employs a number of investment strategies to ensure they’ve met client needs and performance expectations. These include the Premiere Wealth Tactical Core, Premiere Wealth Tactical, Maximum Growth Tactical, Tactical Opportunity, ETF Sector Rotation, Equity Dividend Income, Fixed Income and Equity Growth and Value strategies.

The firm also strongly prioritizes advisor-to-client communication, and believes in making sure they fully understand the risks associated with each client portfolio. Churchill Management says it also utilizes a top-down and bottom-up investment approach to meet each client’s specific needs. 

Fees Under Churchill Management Group

Churchill Management bills and computes its fees quarterly in advance. The firm bases its final management fee on the total account value at the beginning of each quarterly computation period. For clients who decide to add to or withdraw from their accounts during the quarterly period, Churchill Management doesn’t require a refund or additional management fee for such actions. The firm does list annual management fees for certain account sizes, but these fees may vary upon negotiation. 

For its Maximum Growth Tactical Strategy the firm charges a management fee of 1.25%. For accounts introduced by third-party solicitors or joint advisors, the management fees vary, but they’re available upon request. Churchill Management also retains the discretion to waive the first tier of its fee schedule. 

The firm also participates in wrap fee programs and charges an annual fee. The firm bills the annual fees quarterly, and the fee ranges from 30 to 80 basis points (BPS). For its Chartwell Family Funds and Limited Partnerships, the firm charges a monthly management fee of 0.07% to 0.09% of AUM. Additionally, accounts investing in mutual funds pay investment advisory fees to the managers of those funds. 

Premiere Wealth Tactical, Premiere Wealth Tactical Core, ETF Sector Rotation, Equity Growth and Value, Equity Divided Income, Tactical Opportunity and Premiere Wealth Tactical Core/ETF Sector Rotation Strategies
Amount of Assets Annual Management Fee
Under $750,000 1.2%
Between $750,000 and $2,500,000  1.0%
On the next $2,500,000  0.80%
On the next $5,000,000  0.70%
On the balance 0.60%

Churchill Management Group Awards and Recognition

Churchill Management was listed as one of the 2018 Financial Times Top 300 Registered Investment Advisors. The Financial Times produces the ranking annually and bases its findings on firm data, regulatory disclosures and internal research. While the award doesn’t take into account the quality of client service, it focuses on six areas total: AUM, asset growth, compliance record, credentials, years in existence and online credibility. 

What to Watch Out For

If you decide to open an account with Churchill Management, you’ll be responsible for two levels of fees for your investments. You’ll not only pay a management fee to the firm, but you’ll also pay an advisory fee which goes to the investment advisor of the investment companies in your portfolio. 


Churchill Management doesn’t have any disclosures

Opening an Account With Churchill Management Group

You’ll have a number of options if you’re interested in opening an account with Churchill Management. You can call the firm’s Los Angeles toll free phone number, or you can email them for assistance. You can also reach any of the other office locations by phone or through visiting in person. 

Where is Churchill Management Group Located? 

Churchill Management is headquartered in Los Angeles at 5900 Wilshire Blvd. The firm also has other offices scattered throughout the Northwest, Central, Eastern and Western regions of the U.S. See a complete list of the firm’s locations here.  

Tips for Getting Retirement Ready 

  • You can save for retirement through a number of ways, but investing can be the most effective. But before you begin planning, it may help to assess how much you earn versus how much you owe. Determining your net assets and liabilities can make the process of saving for retirement much smoother. 
  • Whether you need assistance with 401(k) planning, estate planning or financial planning, a financial advisor can help you reach your savings goals. But it’s also important to first determine which areas of finance you’d like to improve upon. SmartAsset’s financial advisor matching tool pairs you with up to three advisors who suit your financial needs.

All information was accurate as of the writing of this article. 

How Many Years $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology To determine how long a $1 million nest egg would cover retirement costs in cities across America, we analyzed data on average expenditures for seniors, cost of living and investment returns.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. This reflects the typical return on a conservative investment portfolio. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research