Hpm Partners LLC is a large advisory firm based in New York. It manages $7.43 billion of regulatory assets for 1,439 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, California, Colorado, and 26 other states.
Hpm Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and tax services; bill pay. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Hpm Partners LLC is $7.43 billion. The firm's AUM has grown by 12548% since the beginning of its operation, and $770.7 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Hpm Partners LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Kurt Patrick Miscinski is high net worth individuals with 798 clients and $5.94 billion of assets under management. Among the 11 most similar advisory firms, Hpm Partners has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $7.43 billion for 1,439 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Hpm Partners doesn't advise any private funds.
The company employs 100 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 29 employees are registered as investment adviser representatives with the state securities authorities.
There are 13 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.
Kurt Patrick Miscinski has been acting as President since 1 Dec 2009. Douglas Carl Nardi has served as the Chief Investment Officer since 1 Apr 2010. Cerity Partners Equity Holding Llc joined the executive team most recently as the Member.
The principal office where Hpm Partners LLC performs its advisory services is located at 335 Madison Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-850-4260 or by fax 212-937-1942. The normal business hours are 9am to 5 pm on Monday - Friday. You can find more information about the New York firm at hpmpartners.com and its LinkedIn profile.