Hms Adviser LP (Houston)

Hms Adviser LP is a large advisory firm based in Houston. It manages $1.15 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012.

Hms Adviser provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hms Adviser: assets under management

The assets under management (AUM) of Hms Adviser LP is $1.15 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6030436% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.15 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.15 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hms Adviser LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hms Adviser serves?

The only and largest group of clients of Hms Adviser is business development companies with 1 clients and $1.15 billion of assets under management. Among the 9 most similar advisory firms, Hms Adviser has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $1.15 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Hms Adviser doesn't advise any private funds.

Careers at Hms Adviser LP

The company employs 19 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Susan Granger Dudley	Chief compliance officer	1 Apr 2012	Other	4911606
Hms Adviser Gp Llc	General partner	1 Apr 2012	Other	61-1681268
Sherri Webb Schugart	Chief executive officer of hms adviser gp llc, the general partner of the adviser	1 Apr 2012	Other	4696327
Ryan Thomas Sims	Secretary and chief financial officer of hms adviser gp llc, the general partner of the adviser	1 Apr 2012	Other	4726558
Hines Interests Limited Partnership	Limited partner	1 Apr 2012	75% - 100%	76-0293595
Jeffrey Constable Hines	Manager of hms adviser gp llc, the general partner of the adviser	1 Apr 2012	Other	2817910
Charles Nicholas Hazen	Chairman and chief executive officer of hms adviser gp llc, the general partner of the adviser	1 Apr 2012	Other	4697523
Jason Patrick Maxwell	Chief compliance officer	1 Aug 2015	Other	6055393
David Matthew Covington	Chief financial officer of hms adviser gp llc, the general partner of the adviser	1 Jun 2019	Other	5493238

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Constable Hines	Limited partner	1 Jul 1980	75% - 100%	2817910
Inc. Jch Investments	General partner	1 Dec 1986	Other	74-2117562
The Hines Holdings Inc. 2007 Mgmt. Trust	Shareholder	1 Dec 1989	50% - 75%	46-7207394
Gerald Douglas Hines	Trustee	1 Dec 1989	Other	6027413
Hines Real Estate Holdings Limited Partnership	Limited partner	1 Jan 1990	75% - 100%	74-2122144
Inc. Hines Holdings	General partner	1 Jan 1990	Other	76-0293596
Jeffrey Constable Hines	Shareholder	1 May 1990	25% - 50%	2817910
Inc. Jch Investments	General partner	1 Dec 1999	Other	74-2117562
Hines Investment Holdings Limited Partnership	Limited partner	1 Mar 2000	75% - 100%	74-2122141
Jeffrey Constable Hines	Trustee	1 Nov 2012	Other	2817910
Jch 2014 Management Trust	Shareholder	1 Dec 2014	25% - 50%	xxx-xx-xxxx
Jeffrey Constable Hines	Trustee	1 Dec 2014	Other	2817910
Jch 2014 Management Trust	Shareholder	1 Jan 2016	Other	xxx-xx-xxxx
Jch Management Trust	Shareholder	1 Jan 2016	Other	xxx-xx-xxxx
Jch 2012 Trust	Shareholder	1 Dec 2016	75% - 100%	46-6337918

Based in Houston

The principal office where Hms Adviser LP performs its advisory services is located at 2800 Post Oak Boulevard, Houston, TX 77056, 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 713-621-8000 or by fax 713-966-2075. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.