San Mateo, CA Office

Klingenstein Fields Advisors provides discretionary portfolio management, financial planning and related advisory services to individuals, high‑net‑worth families, trusts, foundations, endowments and pooled investment vehicles, including private investment funds. The firm also recommends and, where appropriate, solicits qualified clients to participate in affiliated private funds and serves as adviser to several pooled vehicles.

The firm follows a team‑based, fundamental research approach with a long‑term orientation, operating both a closed‑architecture core equity model portfolio and an open‑architecture asset allocation framework that can deploy external managers after due diligence. For fixed income, the firm emphasizes high‑quality, laddered portfolios and seeks to limit turnover; it communicates with clients through quarterly account valuations, a monthly investment outlook and periodic market commentaries.

What distinguishes KF Advisors from many peers is its role as a private fund adviser and sponsor—its affiliated funds include three pooled vehicles that pay performance‑based incentive fees to the General Partner once investors have received a return of contributed capital. The firm manages pooled vehicles directly, permits employee and related‑person co‑investments under pre‑clearance and allocation policies, and maintains a model portfolio that it uses in client communications to illustrate its core equity strategy while disclosing hypothetical performance and the procedures used to mitigate side‑by‑side conflicts.