Hpb Group, L.L.C. (New York)

Name: Hpb Group, L.L.C.
Address: 40 East 52 Nd Street, New York, NY, 10022
Telephone: 212-754-5300

Hpb Group, L.L.C. is a large advisory firm based in New York. It manages $155 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2003.

Hpb Group, L.L.C provides market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hpb Group, L.L.C: assets under management

The assets under management (AUM) of Hpb Group, L.L.C. is $155 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $155 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $155 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hpb Group, L.L.C. for their services and products based on fixed fees 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.

Careers at Hpb Group, L.L.C.

Laurence Douglas Fink has been acting as President since 1 Apr 2003. Howard P Berkowitz joined the executive team most recently as the President, Ceo, Cio And Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Howard P Berkowitz	President, ceo, cio and director	1 Apr 2003	Other	4664550
Laurence Douglas Fink	Director	1 Apr 2003	Other	830137
Ralph Lewis Schlosstein	Director	1 Apr 2003	Other	2041885
Inc Blackrock Financial Management	Majority shareholder of applicant	1 Apr 2003	75% - 100%	107105

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Blackrock Advisors	Sole shareholder	1 Oct 1994	75% - 100%	23-2784752
N.A. Pnc Bank	Sole shareholder	1 Mar 1995	75% - 100%	22-1146430
Inc. Pnc Bancorp	Sole shareholder	1 Mar 1995	75% - 100%	51-0326854
Inc. The Pnc Financial Services Group	Sole shareholder	1 Mar 1995	75% - 100%	23-6477964
Inc. Blackrock	Sole shareholder	1 Mar 1998	75% - 100%	51-0380803
Inc. Pnc Asset Management	Majority shareholder	1 Mar 1998	50% - 75%	51-0380821
Inc. Pnc Investment Holdings	Sole shareholder	1 Mar 1998	75% - 100%	51-0381437

Based in New York

The principal office where Hpb Group, L.L.C. performs its advisory services is located at 40 East 52 Nd Street, New York, NY 10022, 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 212-754-5300 or by fax 212-409-3744. The normal business hours are 7:30 a.m. - 7:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.blackrock.com.