Hb Asset Management, L.C. (Miami)

Name: Hb Asset Management, L.C.
Address: 777 Brickell Avenue, Miami, FL, 33131
Telephone: 305-373-9000

Hb Asset Management, L.C. is a large advisory firm based in Miami. It manages $188.95 million of regulatory assets for 159 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Florida.

Hb Asset Management, L.C provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and consolidation 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.

Hb Asset Management, L.C: assets under management

The assets under management (AUM) of Hb Asset Management, L.C. is $188.95 million. The firm's AUM has grown by 89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $139.96 million in discretionary accounts and $48.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $662.08 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hb Asset Management, L.C. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Hb Asset Management, L.C.

Raul Henriquez has been acting as President since 1 Nov 1998. Sara Roxana Silva Henriquez joined the executive team most recently as the Co Trustee.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Raul Henriquez	President	1 Nov 1998	25% - 50%	1647412
Lc Hencorp Becstone	Member	1 Jan 1999	75% - 100%	65-0886251
Gerald Arthur Wood	Chief financial officer	1 Jan 2000	Other	4218274
Helen Lumpuy	Chief opeartions officer	1 Sep 2000	Other	2268626
Bernard C Javelly	Vice-president sales	1 Apr 2001	Other	1447093
Helen Lumpuy	Chief compliance officer	1 Dec 2005	Other	2268626
Fhh Corp.	Member	1 Dec 2006	Other	20-1095185
Guillermo Enrique Vernet	Managing director	1 Aug 2010	Other	2748034
Juan Carlos Minana	Investment officer	1 Jan 2011	Other	2392354
Manuel Patricio Munoz	Chief compliance officer	1 Oct 2011	Other	2480296
Beatriz Gutierrez Junco	Chief compliance officer	1 Oct 2012	Other	6122419
Rhh Financial Group	Member	1 Feb 2017	75% - 100%	81-4894533

Indirect Owners

The SEC currently registers 12 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Raul Henriquez	Shareholder	1 Apr 1985	50% - 75%	1647412
Victor Manuel Henriquez	Shareholder	1 Apr 1985	50% - 75%	702954
Inc. Hencorp	Member	1 Sep 1991	50% - 75%	59-2570891
Victor Henriquez Revocable Trust	Member	1 Dec 2005	75% - 100%	xxx-xx-xxxx
Raul Henriquez Revocable Trust	Member	1 Dec 2005	75% - 100%	xxx-xx-xxxx
Llc V Henriquez Holdings	Shareholder	1 Jan 2006	50% - 75%	20-5511384
Llc R Henriquez Holdings	Shareholder	1 Jan 2006	50% - 75%	22-3931478
Raul Henriquez	Trustee	1 Dec 2006	Other	1647412
Rh Revocable Trust	Member	1 Dec 2006	75% - 100%	xxx-xx-xxxx
Sara Roxana Silva Henriquez	Co-trustee	1 Feb 2017	Other	6759348
Rh Children's Trust	Member	1 Feb 2017	25% - 50%	xxx-xx-xxxx
Llc R Henriquez Holdings	Shareholder	1 Feb 2017	75% - 100%	22-3931478

Based in Miami

The principal office where Hb Asset Management, L.C. performs its advisory services is located at 777 Brickell Avenue, Miami, FL 33131, 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 305-373-9000 or by fax 305-373-2946. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at hencorp.com.