Highmark Capital Management, Inc. is a large advisory firm based in San Francisco. It manages $7.45 billion of regulatory assets for 426 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Highmark Capital Management provides portfolio management for businesses and institutional clients and selection of other advisers. 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 Highmark Capital Management, Inc. is $7.45 billion. The firm's AUM has gone down by -56% since the beginning of its operation, and $7.06 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Highmark Capital Management, Inc. for their services and products based on a percentage of assets under management and fixed 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 insurance companies, charitable organizations, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Highmark Capital Management is corporations or other businesses with 52 clients and $2.52 billion of assets under management. Among the 11 most similar advisory firms, Highmark Capital Management has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $4.92 billion for 141 clients. 1% of the firm’s clients are foreign persons or businesses.
Highmark Capital Management doesn't advise any private funds.
The company employs 76 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Highmark Capital Management, Inc. performs its advisory services is located at 350 California Street, 16 Th Floor, San Francisco, CA 94104, which is also the mailing address of the firm. An additional office of the firm is in Tacoma, WA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 800-582-4734 or by fax 415-705-7694. The normal business hours are 8:00 a.m. - 5:00 p.m. pst on Monday - Friday. You can find more information about the New York firm at highmarkcapital.com/.