Old Hill Partners Inc. (Darien)

Old Hill Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

Old Hill Partners: assets under management

The assets under management (AUM) of Old Hill Partners Inc. is $176 million. The firm's AUM has grown by 286% since the beginning of its operation, and $29.67 million of the total AUM is attributable to clients outside of the United States.

The firm manages $155.45 million in discretionary accounts and $20.55 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $25.91 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.85 million.

Old Hill Partners has custody of $32.5 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Old Hill Partners Inc. for their services and products based on a percentage of assets under management, fixed fees, 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.

What kind of clients Old Hill Partners serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Old Hill Partners is pooled investment vehicles with 6 clients and $155.45 million of assets under management. Among the 8 most similar advisory firms, Old Hill Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $176 million for 9 clients. 33% of the firm’s clients are foreign persons or businesses.

Old Hill Partners also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Old Hill Partners Inc.

The company employs 13 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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

Based in Darien

The principal office where Old Hill Partners Inc. performs its advisory services is located at 1120 Boston Post Road, Darien, CT 06820, 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 203-656-3004 or by fax 203-656-3008. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at oldhill.com.

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