Asset manager · Rochester, MI
Clarkston Capital Partners, LLC
SEC-registered investment adviser · CRD 143456 · SEC 801-67681
At a glance
Clarkston Capital Partners, LLC is an SEC-registered investment adviser based in Rochester, Michigan, with $1.7 billion in regulatory assets under management as of its Form ADV filed July 29, 2026. Its largest client group by assets is investment companies, and it reports 123 individual clients. By Form ADV it is a asset manager, ranked 1,115th of 3,218 asset managers and 3,964th of 17,210 SEC-registered advisers by assets.
Main office 248-940-3040clarkstoncapital.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.7B
- Rank among asset managers
- #1,115 of 3,218
- Rank among all SEC RIAs
- #3,964 of 17,210
- Rank in Michigan
- #37 of 305
- Individual clients
- 123
- High-net-worth clients
- 17
- Accounts
- 347
- Discretionary
- 99% of AUM
- Employees
- 21
- Advisory staff
- 12
- Offices
- 1
Owners and executives on its Form ADV
- Jeffrey A. HakalaManager; Chief Executive Officer & Co-Chief Investment Officer
- Gerald W. HakalaManager; Co-Chief Investment Officer
- James G. SmithChief Financial Officer
- Joyce M. LapretaChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Clarkston Capital Partners, LLC is a hybrid RIA: 6 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names Alps Distributors as the broker-dealer its advisers are registered with.
This includes the small number of Clarkston employees who market the Clarkston Funds to institutional investors and who are registered representatives of ALPS Distributors, Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 1 | $756M | 44% |
| State or municipal government entities | 7 | $245M | 14% |
| Pension and profit sharing plans | 5 | $215M | 13% |
| Other investment advisers | – | $161M | 9% |
| Pooled investment vehicles | 2 | $123M | 7% |
| High-net-worth individuals | 17 | $116M | 7% |
| Individuals | 106 | $77M | 4% |
| Charitable organizations | 2 | $13M | <1% |
| Corporations or other businesses | 2 | $5M | <1% |
Private funds
Clarkston Capital Partners, LLC reports 1 private funds with $79M in gross assets: other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Clarkston Capital Partners, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗clarkstoncapital.com ↗
AtlasMembers
The full record on Clarkston Capital Partners, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 929 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 7Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Clarkston Capital Partners, LLC manage?
Clarkston Capital Partners, LLC reports $1.7 billion in regulatory assets under management across 347 accounts, 99% of it on a discretionary basis, on its Form ADV filed July 29, 2026.
What kind of firm is Clarkston Capital Partners, LLC?
Clarkston Capital Partners, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Clarkston Capital Partners, LLC’s clients?
By assets, its largest client types are investment companies ($756 million, 1 clients); state or municipal government entities ($245 million, 7 clients); pension and profit sharing plans ($215 million, 5 clients).
Does Clarkston Capital Partners, LLC manage private funds?
Yes. It reports 1 private funds with $79 million in gross assets, including other private funds.
Does Clarkston Capital Partners, LLC have any disciplinary history?
Clarkston Capital Partners, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Clarkston Capital Partners, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-29), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →