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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October 2017
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    Debt, Investing, 401(k), IRAs, Life Insurance
Is purchasing whole life insurance a good investment for me?
100% of people found this answer helpful

Frankly, I think it's a dumb idea.  You should only own life insurance if there is someone who would be materially affected, financially, if you died.  You don't say if you are married or have children; if you do, by all means get enough insurance to fill the financial hole that your death would create in their lives.  Otherwise, save the money or put it towards paying off debt.  Insurance brokers get a nice commission if they sell policies and it's easy to talk young people into it because premiums are low at your age, but resist.  3-4% is a lousy long term return.  If you are fortunate to have a family and a nice income 15 years from now you will still be able to buy term life insurance for a relative pittance.  Meanwhile, get in the habit of building savings.  Contribute as much as you can to your 401(k), if you have one, or an IRA if you don't.  Every month, "pay yourself" at the same time as you pay your rent, utilities, credit cards, etc.  You'll be surprised how fast your nest egg grows.

December 2017
    Banking, Personal Finance, Investing, Taxes
If I close a brokerage account and invest the amount in a certificate of deposit (CD), am I required to report the proceeds as income when I file my taxes?
100% of people found this answer helpful
5 days ago
    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
5 days 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
    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