Harvest Capital Strategies LLC (San Francisco)

Name: Harvest Capital Strategies LLC
Address: 600 Montgomery Street, San Francisco, CA, 94111
Telephone: (415) 835-3900

Harvest Capital Strategies LLC is a large advisory firm based in San Francisco. It manages $498.98 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California and Texas.

Harvest Capital Strategies provides portfolio management for pooled investment vehicles 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.

Harvest Capital Strategies: assets under management

The assets under management (AUM) of Harvest Capital Strategies LLC is $498.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 73% since the beginning of its operation, and $99.51 million of the total AUM is attributable to clients outside of the United States.

The firm manages $498.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $41.58 million each.

Harvest Capital Strategies has custody of $2.58 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 43% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Harvest Capital Strategies LLC 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 Craig Randall Johnson serves?

The firm provides services to pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Craig Randall Johnson is pooled investment vehicles with 10 clients and $427.02 million of assets under management. Among the 6 most similar advisory firms, Harvest Capital Strategies has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $498.98 million for 12 clients. 25% of the firm’s clients are foreign persons or businesses.

Harvest Capital Strategies also advises several private funds. Namely, three hedge funds, one real estate fund, and five private equity funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $5,000,000.

Careers at Harvest Capital Strategies LLC

The company employs 15 people that are either part- or full-time employees. 60 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 receive compensation from other entities for client referrals.

Craig Randall Johnson has been acting as President since 1 Jan 2011. Walter Ivor Conroy joined the executive team most recently as the Chief Legal Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Andrew Jolson	Chief executive officer	1 Sep 1999	Other	734952
Jmp Holding Llc	Managing member	1 Sep 1999	75% - 100%	94-3326327
Egidio Mogavero	Chief compliance officer	1 Sep 1999	Other	1128820
Jmp Group Llc	Managing member	1 Sep 1999	75% - 100%	94-3326327
Janet Loraine Tarkoff	Clo	1 Jul 2003	Other	2531708
Bryan B. Hamm	President of jmp credit advisors llc and cratos cdo management llc	1 May 2006	Other	6176166
Craig Robert Kitchin	Chief financial officer of cratos cdo management llc	1 Jul 2006	Other	2285504
Renee Lefebvre	Chief operations officer of cratos cdo management llc	1 Jul 2006	Other	6050188
Raymond Siva Jackson	Chief financial officer	1 Jul 2008	Other	5563363
Kevin Christopher Lynch	President, chief operating officer, and chief compliance officer	1 Jan 2009	Other	5129313
Kevin Christopher Lynch	Chief operating officer/chief compliance officer	1 Feb 2009	Other	5129313
Jmp Credit Advisors Llc	Managing member of cratos cdo management llc	1 Apr 2009	75% - 100%	86-1164488
Craig Randall Johnson	Chairman	1 Jan 2011	Other	836682
Scott Alan Solomon	Chief legal officer	1 Jan 2013	Other	2965685
Zachary Seth Rosenberg	Chief compliance officer	1 Jan 2016	Other	6606391
Walter Ivor Conroy	Chief legal officer	1 Apr 2016	Other	6641487

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jmp Group Inc	Sole member	1 May 2007	75% - 100%	20-1450327
Harvest Capital Strategies Llc	Member	1 May 2007	75% - 100%	94-3342119
Jmp Capital Llc	Member	1 Apr 2009	75% - 100%	26-0560602
Jmp Group Llc	Sole member	1 Oct 2012	75% - 100%	94-3326327
Jmp Group Llc	Sole shareholder	1 Jan 2015	75% - 100%	47-1632931

Based in San Francisco

The principal office where Harvest Capital Strategies LLC performs its advisory services is located at 600 Montgomery Street, San Francisco, CA 94111, 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 (415) 835-3900 or by fax (415) 263-1336. The normal business hours are 6:30 a.m. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at harvestcaps.com.