HiLLCrest Asset Management LLC (Plano)

Name: HiLLCrest Asset Management LLC
Address: 2805 Dallas Parkway, Plano, TX, 75093
Telephone: 469-666-6455

HiLLCrest Asset Management LLC is a large advisory firm based in Plano. It manages $467.31 million of regulatory assets for 144 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Florida, Maryland, and 4 other states.

HiLLCrest Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

HiLLCrest Asset Management: assets under management

The assets under management (AUM) of HiLLCrest Asset Management LLC is $467.31 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 50691% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $467.31 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.25 million each.

Investments

The firm invests in non-exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay HiLLCrest Asset Management LLC for their services and products based on a percentage of assets under management. 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 HiLLCrest Asset Management serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of HiLLCrest Asset Management is investment companies with 1 clients and $370.75 million of assets under management. Among the 11 most similar advisory firms, HiLLCrest Asset Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $467.31 million for 144 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.

HiLLCrest Asset Management doesn't advise any private funds.

Careers at HiLLCrest Asset Management LLC

The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There are 2 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.

Douglas Evan Stark joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Bruce	Chief executive officer	1 Jul 2007	25% - 50%	1697360
Deborah Ann Trask	Chief compliance officer	1 Jul 2007	Other	5389076
Brandon Lance Troegle	Managing director	1 Jul 2007	Other	5665972
Brian Bruce	Chief executive officer	1 Aug 2007	25% - 50%	1697360
Deborah Ann Trask	Chief compliance officer	1 Aug 2007	Other	5389076
Mark Spencer Yancey	Managing partner	1 Aug 2007	Other	1392199
Brandon Lance Troegle	Portfolio manager	1 Oct 2007	Other	5665972
Douglas Evan Stark	Managing director	1 Jan 2008	Other	4342239

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Grail Partners Llc	Partner	1 Sep 2007	25% - 50%	26-1687473

Based in Plano

The principal office where HiLLCrest Asset Management LLC performs its advisory services is located at 2805 Dallas Parkway, Plano, TX 75093, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 469-666-6455 or by fax 469-453-3342. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at hillcrestasset.com.