Hilton Capital Management, LLC (Garden City)

Name: Hilton Capital Management, LLC
Address: 1010 Franklin Avenue, Garden City, NY, 11530
Telephone: 516-693-5380

Hilton Capital Management, LLC is a large advisory firm based in Garden City. It manages $1.56 billion of regulatory assets for 1,726 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 12 other states.

Hilton Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Hilton Capital Management: assets under management

The assets under management (AUM) of Hilton Capital Management, LLC is $1.56 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 790% since the beginning of its operation, and $2.82 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.56 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $902.03 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is government bonds, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hilton Capital Management, 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 Thomas Aloysius Mulrooney serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Thomas Aloysius Mulrooney is high net worth individuals with 118 clients and $457.43 million of assets under management. Among the 9 most similar advisory firms, Hilton Capital Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.28 billion for 1,616 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.

Hilton Capital Management doesn't advise any private funds.

Careers at Hilton Capital Management, LLC

The company employs 15 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 3 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.

Thomas Aloysius Mulrooney has been acting as President since 1 Mar 1996. William James Garvey has served as the Chief Investment Officer since 1 Dec 2001 and John Keith Fell is the Chief Executive Officer of Hilton Capital Management, LLC family office. Alexander David Oxenham joined the executive team most recently as the Senior Portfolio Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Packard Sprague	Cfo, sec and treas	1 Aug 1994	Other	2516579
Thomas Aloysius Mulrooney	President	1 Mar 1996	Other	1263302
Llc Rafferty Holdings	Sole member	1 Nov 2000	75% - 100%	13-4043855
Llc Rafferty Holdings	Member	1 Dec 2001	50% - 75%	13-4043855
Stephen Packard Sprague	Cfo, sec and treas	1 Dec 2001	Other	2516579
Barbara Laudisi Martens	Chief compliance officer	1 Dec 2001	Other	2992393
William James Garvey	Chief investment officer	1 Dec 2001	50% - 75%	2336334
Barbara Jean Laudisi	Chief compliance officer	1 Dec 2001	Other	2992393
Thomas Aloysius Mulrooney	President	1 Dec 2001	Other	1263302
John Keith Fell	President/chief executive officer	1 Oct 2006	Other	1379481
Ronald Edward Connors	Director	1 May 2008	Other	1241398
Christopher Craig O'neill	President & ceo	1 Jan 2010	Other	4711177
Alexander David Oxenham	Senior portfolio manager	1 Jan 2015	Other	3028995

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Colin Rafferty	Member	1 Nov 2000	75% - 100%	1170304
Michael Lawrence Rafferty	Member	1 Nov 2000	Other	2363413
Lawrence Colin Rafferty	Member	1 Dec 2001	25% - 50%	1170304
Michael Lawrence Rafferty	Member	1 Dec 2001	50% - 75%	2363413
Kathleen Rafferty Hay	Member	1 Dec 2001	25% - 50%	5045127
Kathleen Mary Rafferty	Member	1 Dec 2001	25% - 50%	5045127

Based in Garden City

The principal office where Hilton Capital Management, LLC performs its advisory services is located at 1010 Franklin Avenue, Garden City, NY 11530, 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 516-693-5380 or by fax 516-396-8499. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at hiltoncapitalmanagement.com.