John Frye

Personal Finance, Retirement, Investing
“With over 38 years of experience in the investment field, John Frye is Chief Investment Officer and a founder of Crane Asset Management LLC who oversees all aspects of Crane's investment and portfolio management process.”

Crane Asset Management LLC

Job Title:

Chief Investment Officer


Crane Asset Management LLC is a full-service investment counseling firm providing investment management services to private individuals, retirement plans, endowments, and charitable foundations. All accounts are managed on a discretionary basis. John Frye founded the firm in 2003, with a partner who remains Chief Operating Officer. They work with all of their clients to formulate a long-term investment strategy that will meet their investment objectives while addressing their risk profiles. Understanding their clients in this way enables them to develop unique plans based upon each of their clients’ needs to help them achieve their financial goals.

Before co-founding Crane Asset Management LLC, John served as Executive Vice President and Portfolio Manager at Renberg & Associates in Beverly Hills. He began his career with E. F. Hutton & Company in New York and subsequently worked with Alex. Brown & Sons in Baltimore. He received his Bachelor of Arts in Politics from Princeton University in 1977 and his M.B.A. from Columbia University Graduate School of Business. John holds the Chartered Financial Analyst® designation and is a member of the CFA Society of Los Angeles.


BA, Politics, Princeton University
MBA, Finance, Columbia Graduate School of Business

Assets Under Management:

$81 million

Fee Structure:


CRD Number:



Crane Asset Management is registered with the State of California. A copy of Crane's Form ADV filing (Parts 2A and 2B) can be accessed here. In addition, Crane's Form ADV (Part 1) can be downloaded from the SEC's website. (Type in Crane's name in the field provided and follow the instructions on the site to download the information required.)

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    Investing, 401(k), Choosing an Advisor, Real Estate
I am 63 years old, I have $840,000 in a 401(k), and I've been renting my entire life; is it a good investment decision to buy a house now?
100% of people found this answer helpful

Even though a house can turn out to be a good investment you should never buy one solely as an investment.  I would say that you should continue renting as long as you are happy in your current home.

The problem is that in retirement you ought to have your assets be liquid, spendable, and home equity most assuredly is not.  You would tie up a lot of money in the down payment and then assume the extra costs of mortgage, property taxes, insurance, maintenance, etc.  Don't saddle yourself with that responsibility.  "You can't eat home equity."  You would reduce your available funds and simultaneously increase your monthly obligations.  I think you would hate yourself for having done that.

Besides, as you age, aren't you going to need less space, not more?

    Asset Allocation, Bonds / Fixed Income, Choosing an Advisor
Should I try a do-it-yourself approach when beginning to invest 50% in stocks and 50% in bond mutual funds, or hire a financial advisor to select a basket of stock options and bond mutual funds? 
86% of people found this answer helpful
3 weeks ago
    Debt, IRAs, Real Estate, Insurance, Life Insurance
Should I purchase term life insurance or whole life Insurance?
86% of people found this answer helpful
3 weeks ago
    Investing, Starting Out
I've never invested before: where should I start with $3,000?
82% of people found this answer helpful
December 2017
    Retirement, 401(k), Mutual Funds, Stocks
How can I maintain my current retirement income?
82% of people found this answer helpful
December 2017