Power Hamlet, LLC (Santa Monica)

Power Hamlet, LLC is a large advisory firm based in Santa Monica. It manages $105 million of regulatory assets for 37 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of California.

Power Hamlet provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting 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.

Power Hamlet: assets under management

The assets under management (AUM) of Power Hamlet, LLC is $105 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1067% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $105 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.84 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Power Hamlet, 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.

Careers at Power Hamlet, LLC

Carolyn Josephs Hamlet has been acting as President since 1 Nov 2003. Integral Wealth Partners Llc joined the executive team most recently as the Authorized Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Richard Power	Chief executive officer	1 Sep 2003	50% - 75%	2124029
Carolyn Josephs Hamlet	President	1 Nov 2003	25% - 50%	1514304
Integral Wealth Partners Llc	Authorized member	1 Apr 2005	25% - 50%	731720935

Based in Santa Monica

The principal office where Power Hamlet, LLC performs its advisory services is located at 100 Wilshire Blvd., Santa Monica, CA 90401, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.