Hilton Capital Management, LLC is a large advisory firm based in Garden City. It manages $1.56 billion of regulatory assets for 1,726 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 12 other states.
Hilton Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Hilton Capital Management, LLC is $1.56 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 790% since the beginning of its operation, and $2.82 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Hilton Capital Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Thomas Aloysius Mulrooney is high net worth individuals with 118 clients and $457.43 million of assets under management. Among the 9 most similar advisory firms, Hilton Capital Management has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.28 billion for 1,616 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Hilton Capital Management doesn't advise any private funds.
The company employs 15 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Thomas Aloysius Mulrooney has been acting as President since 1 Mar 1996. William James Garvey has served as the Chief Investment Officer since 1 Dec 2001 and John Keith Fell is the Chief Executive Officer of Hilton Capital Management, LLC family office. Alexander David Oxenham joined the executive team most recently as the Senior Portfolio Manager.
The principal office where Hilton Capital Management, LLC performs its advisory services is located at 1010 Franklin Avenue, Garden City, NY 11530, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 516-693-5380 or by fax 516-396-8499. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at hiltoncapitalmanagement.com.