Hofkin Capital Management, Inc. (Minnetonka)

Hofkin Capital Management, Inc. is an adviser based in Minnetonka. It manages $22.9 million of regulatory assets for 92 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Minnesota and Pennsylvania.

Hofkin Capital Management provides portfolio management for individuals and small businesses 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.

Hofkin Capital Management: assets under management

The assets under management (AUM) of Hofkin Capital Management, Inc. is $22.9 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $19.59 million in discretionary accounts and $3.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $236 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $367.8 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hofkin Capital Management, Inc. 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.

Careers at Hofkin Capital Management, Inc.

Michael Gary Hofkin has been acting as President since 1 Feb 1992. Janet Schroeder Smith joined the executive team most recently as the Vice President/Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Gary Hofkin	Chief compliance officer/chairman/president/treasurer/cfo	1 Feb 1992	75% - 100%	247968
Janet Schroeder Smith	Vice president/secretary	1 Jun 2010	Other	5813338

Based in Minnetonka

The principal office where Hofkin Capital Management, Inc. performs its advisory services is located at 5125 County Road 101, Minnetonka, MN 55345, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.