Hm Capital Management, LLC (Clayton)


Hm Capital Management, LLC is a large advisory firm based in Clayton. It manages $2.13 billion of regulatory assets for 505 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Missouri, and Texas.

Hm Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hm Capital Management: assets under management

The assets under management (AUM) of Hm Capital Management, LLC is $2.13 billion. The firm's AUM has grown by 217% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $391.59 million in discretionary accounts and $1.74 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $827.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $54.36 million.
Hm Capital Management has custody of $243.92 million in cash and securities for 68 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hm Capital Management, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hm Capital Management serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Hm Capital Management is pension and profit sharing plans with 29 clients and $1.91 billion of assets under management. Among the 11 most similar advisory firms, Hm Capital Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $2.12 billion for 120 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.

Hm Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Hm Capital Management, LLC

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Matthew Edward Kopsky Managing member, chief compliance officer 1 Aug 2005 75% - 100% 1843676
Karen Marie Gloriod Vice president 1 Oct 2005 Other 3074329
Christmas Valley Investments Lp Co-owner 1 Dec 2005 50% - 75% 43-1696144
Maribeth Renee Snodgrass Executive vice president 1 Jan 2009 Other 4885468
Karen Marie Gloriod Executive vice president 1 Jan 2009 Other 3074329
Matthew E. Kopsky Ttee Mek Family Trust Dtd 3/14/2012 Owner 1 Mar 2009 75% - 100% 136595
Nick Karabas & John Hillhouse Ttees The Kopsky Family Trust Dtd 2/26/09 Co-owner 1 Mar 2009 50% - 75% xxx-xx-xxxx
Nicholas Joseph Karabas Chief compliance officer 1 Mar 2009 Other 5652980
Matthew E. Kopsky Ttee The Kopsky Family Trust Dtd 2/26/09 Owner 1 Mar 2009 50% - 75% xxx-xx-xxxx
Matthew Edward Kopsky Chief compliance officer 1 Feb 2011 Other 1843676
Karen Marie Gloriod Chief compliance officer 1 Jul 2011 Other 3074329
Benjamin Matthew Westerman Senior vice president 1 Jan 2017 Other 6137762

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Mary Ann Virant Partner 1 Dec 2005 Other xxx-xx-xxxx
John Virant Jr. Partner 1 Dec 2005 Other xxx-xx-xxxx
Matthew E. Kopsky Trustee 1 Mar 2009 75% - 100% 136595
Nicholas J. Karabas Trustee 1 Mar 2009 Other xxx-xx-xxxx
John M. Hillhouse Trustee 1 Mar 2009 Other xxx-xx-xxxx

Based in Clayton

The principal office where Hm Capital Management, LLC performs its advisory services is located at 8235 Forsyth Blvd, Clayton, MO 63105, 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 314-746-1700 or by fax 314-889-3737. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at hmcapitalmanagement.com/.