Hgi Capital Management, LLC. (New York)

Hgi Capital Management, LLC. is a large advisory firm based in New York. It manages $221.35 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Maryland and Virginia.

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

Hgi Capital Management: assets under management

The assets under management (AUM) of Hgi Capital Management, LLC. is $221.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 336% since the beginning of its operation, and $29.12 million of the total AUM is attributable to clients outside of the United States.

The firm manages $221.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $20.12 million each.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 15% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hgi Capital Management, LLC. 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.

What kind of clients Jordan Eric Slone serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Jordan Eric Slone is pooled investment vehicles with 7 clients and $202.04 million of assets under management. Among the 9 most similar advisory firms, Hgi Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $221.35 million for 11 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 18% of the firm’s clients are foreign persons or businesses.

Hgi Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Hgi Capital Management, LLC.

The company employs 7 people that are either part- or full-time employees. 86 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.

Jordan Eric Slone has been acting as President since 1 Jul 2013. Robyn Toby Geffner joined the executive team most recently as the Chief Financial Officer Hgi Capital Management, Llc.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Hgi Res	Sole member/manager	1 Jul 2013	75% - 100%	46-2716729
Jordan Eric Slone	Chairman/chief executive officer	1 Jul 2013	Other	5657101
Saul Lubetski	Vice chairman	1 Jul 2013	Other	2957577
Jr. Thomas Richard Litton	President	1 Jul 2013	Other	5657116
Lucinda Ward Klevecz	Chief compliance officer	1 Jul 2013	Other	5657081
Carla Ramey Stoner	Chief financial officer	1 Jul 2013	Other	5389173
Daniel Zechariah Reich	Chief operating officer	1 Jul 2013	Other	4623842
Saul (Nmn) Lubetski	Vice chairman	1 Jul 2013	Other	2957577
Llc Harbor Group International	Sole member/manager - hgi private capital advisers, llc (relying adviser)	1 Jun 2015	75% - 100%	87-0809912
Jordan Eric Slone	Chairman/chief executive officer - hgi private capital advisers, llc (relying adviser)	1 Jun 2015	Other	5657101
Saul Lubetski	Vice chairman - hgi private capital advisers, llc (relying adviser)	1 Jun 2015	Other	2957577
Jr. Thomas Richard Litton	President - hgi private capital advisers, llc (relying adviser)	1 Jun 2015	Other	5657116
Carla Ramey Stoner	Chief financial officer - hgi private capital advisers, llc (relying adviser)	1 Jun 2015	Other	5389173
Saul (Nmn) Lubetski	Vice chairman - hgi private capital advisers, llc (relying adviser)	1 Jun 2015	Other	2957577
Robyn Toby Geffner	Chief financial officer - hgi capital management, llc	1 Jan 2016	Other	4769053

Indirect Owners

The SEC currently registers 17 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Samuel Estate Of Katz	Shareholder	1 Dec 1981	25% - 50%	5657247
Pinchas Mendlovic	Shareholder	1 Dec 1981	25% - 50%	5657254
David Joel Zwiebel	Shareholder	1 Dec 1981	25% - 50%	5657258
Pinchas (Nmn) Mendlovic	Shareholder	1 Dec 1981	25% - 50%	5657254
David Samuel Katz	Shareholder	1 Dec 1981	25% - 50%	5657247
Jordan Eric Slone	Shareholder	1 Feb 1993	50% - 75%	5657101
Harbor Group Israel (H.G.I.) Ltd.	Shareholder	1 Feb 1997	75% - 100%	foreign
Harbor Group Capital Corp.	Member	1 Aug 1998	50% - 75%	54-1679694
Llc Kamez Associates	Member	1 Jul 2007	50% - 75%	11-3618336
Bo Da Incorporated	Member	1 Jul 2007	25% - 50%	13-3932672
Llc Hgi Holdings	Member	1 Jul 2007	75% - 100%	54-1934716
Llc Dekel Of Virginia	Member	1 Jul 2007	25% - 50%	26-0810578
Jordan Eric Slone	Member	1 Jan 2013	50% - 75%	5657101
Llc Hgi Res Holdings	Managing member	1 Jul 2013	75% - 100%	11-1111111
Llc Harbor Capital Ii	Member	1 Jul 2013	50% - 75%	11-1111111
Llc Dekel Of Virginia	Member	1 Jul 2013	25% - 50%	26-0810578
Sura Francis Katz	Shareholder	1 Oct 2015	25% - 50%	6625626

Based in New York

The principal office where Hgi Capital Management, LLC. performs its advisory services is located at 24 West 40 Th Street, New York, NY 10018, which is also the mailing address of the firm. An additional office of the firm is in Baltimore, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-644-0502 or by fax 212-644-0516. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday.