Chestnut Investment Advisory

Chestnut Investment Advisory provides advisory services to individuals (including high‑net‑worth clients), as well as foundations, trusts and estates, offering ongoing asset management, project‑based financial planning, and non‑securities consultations such as tax, estate, mortgage and college‑funding planning. Services are delivered through periodic recommendations and planning engagements tailored to client needs.

The firm operates primarily on a non‑discretionary basis—its reported assets under management are managed with client authorization required before trades are executed—and advisors prepare and implement approved recommendations, often using third‑party custodial platforms. The investment process incorporates fundamental and quantitative analysis, market‑timing services, and the firm also participates in wrap‑fee programs, acting as a program manager for wrap accounts.

Noteworthy features relative to peers include the firm’s small scale (one advisor with a limited client base) combined with its uncommon business mix of primarily non‑discretionary AUM and active participation as a wrap program sponsor/manager. Chestnut’s longstanding operation (since 1988) and its blend of portfolio management plus project‑style planning and assorted non‑securities advisory services differentiate it from many similarly sized supported firms.