Highstreet Partners, LLC is a large advisory firm based in Salt Lake City. It manages $100 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Utah.
Highstreet Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Highstreet Partners, LLC is $100 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Highstreet Partners, 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.
The only and largest group of clients of Highstreet Partners is corporations or other businesses with 1 clients and $100 million of assets under management. Among the 9 most similar advisory firms, Highstreet Partners has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $100 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Highstreet Partners also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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.
The principal office where Highstreet Partners, LLC performs its advisory services is located at 30 S. Main Street, Salt Lake City, UT 84101, 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 480-241-6421 or by fax 801-212-2024. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at highstreet.capital.