Hi Line Capital Management, LLC is a large advisory firm based in Watertown. It manages $339.59 million of regulatory assets for 102 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Nebraska and South Dakota.
Hi Line Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and institutional consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Hi Line Capital Management, LLC is $339.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 228% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Hi Line Capital Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Hi Line Capital Management is high net worth individuals with 2 clients and $5.07 million of assets under management. Among the 12 most similar advisory firms, Hi Line Capital Management has the 4th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $7.98 million for 46 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.
Hi Line Capital Management doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.
The principal office where Hi Line Capital Management, LLC performs its advisory services is located at 25 1 St Ave. Nw, Watertown, SD 57201, 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 605-878-0897. The normal business hours are 8:00am - 6:00pm on Monday - Friday.