Silverhawk Asset Management, LLC (Scottsdale)


Silverhawk Asset Management, LLC is a large advisory firm based in Scottsdale. It manages $233.99 million of regulatory assets for 2,631 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Tennessee, and Washington.

Silverhawk Asset Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Silverhawk Asset Management: assets under management

The assets under management (AUM) of Silverhawk Asset Management, LLC is $233.99 million. The firm's AUM has grown by 137% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $88.26 million in discretionary accounts and $145.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $93.6 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $86.33 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio. Investments in government bonds form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Silverhawk Asset Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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.

What kind of clients Silverhawk Asset Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Silverhawk Asset Management is high net worth individuals with 51 clients and $143.26 million of assets under management. Among the 9 most similar advisory firms, Silverhawk Asset Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $233.99 million for 394 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.

Silverhawk Asset Management doesn't advise any private funds.

Careers at Silverhawk Asset Management, LLC

The company employs 12 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 12 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Paul Johnathan Mershon Chief compliance officer/managing member 1 Feb 2010 75% - 100% 709764
Paul Johnathan Mershon Chief compliance officer 1 Feb 2017 Other 709764
Llc Silverhawk Enterprises Member 1 Feb 2017 75% - 100% 46-3310459

Based in Scottsdale

The principal office where Silverhawk Asset Management, LLC performs its advisory services is located at 21090 N. Pima Road, Scottsdale, AZ 85255, which is also the mailing address of the firm. An additional office of the firm is in Seattle, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-296-0200 or by fax 480-296-0210. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at silverhawkfinancial.com.