Hanseatic Management Services Inc (Albuquerque)

Name: Hanseatic Management Services Inc
Address: 5600 Wyoming Ne, Albuquerque, NM, 87109
Telephone: 505-828-2824

Hanseatic Management Services Inc is a large advisory firm based in Albuquerque. It manages $100.2 million of regulatory assets for 104 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Iowa, New Mexico, Texas, and Wisconsin.

Hanseatic Management Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and model portfolio provider. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hanseatic Management Services: assets under management

The assets under management (AUM) of Hanseatic Management Services Inc is $100.2 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $963.46 thousand each.

Investments

The firm invests in non-exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hanseatic Management Services Inc for their services and products based on a percentage of assets under management 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 Harry (Ed) Meihaus serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Harry (Ed) Meihaus is pension and profit sharing plans with 1 clients and $66.1 million of assets under management. Among the 10 most similar advisory firms, Hanseatic Management Services has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $100.2 million for 104 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.

Hanseatic Management Services doesn't advise any private funds.

Careers at Hanseatic Management Services Inc

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Harry (Ed) Meihaus has been acting as President since 1 Jan 2012. Karen Lynn Caldwell joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Martha Lynn Eden	Shareholder	1 Aug 1982	Other	4354320
H Meihaus	Vice president	1 Aug 1984	25% - 50%	1597772
Katherine Burr	President/ceo	1 Aug 1992	50% - 75%	2032866
Katherine Burr	President/ceo	1 May 1995	50% - 75%	2032866
Harry (Ed) Meihaus	Cio	1 May 1995	Other	1597772
Inc. Hanseatic Group	Shareholder	1 Aug 1995	Other	85-035-3679
Sagres Group Inc.	Shareholder	1 Oct 2002	Other	foreign
Brian Stangel	Vice president/cco	1 Feb 2004	Other	2549536
Brian Stangel	President	1 Feb 2009	Other	2549536
Brian Richard Stangel	Deputy chief investment officer	1 Jan 2012	25% - 50%	2549536
Harry (Ed) Meihaus	Chief investment officer/chairman	1 Jan 2012	Other	1597772
Russell Todd Sanderson	Chief executive officer	1 Jan 2012	50% - 75%	2191439
Amy Myles Stangel	Chief compliance officer / iar	1 Jan 2012	Other	6014274
Brian Stangel	President/ceo	1 Jan 2012	25% - 50%	2549536
Russ Sanderson	Chief technology officer	1 Jan 2012	50% - 75%	2191439
Sara Elizabeth Mongerson	Head of marketing	1 Jan 2015	Other	2195880
Karen Lynn Caldwell	President	1 Feb 2015	Other	1900752

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ltd. Sagres Group	Shareholder	1 Aug 1994	50% - 75%	foreign
Harry (Ed) Meihaus	President	1 Nov 2002	25% - 50%	1597772
Brian Stangel	Vice president	1 Dec 2005	Other	2549536
Russ Sanderson	Shareholder	1 Dec 2005	Other	2191439

Based in Albuquerque

The principal office where Hanseatic Management Services Inc performs its advisory services is located at 5600 Wyoming Ne, Albuquerque, NM 87109, 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 505-828-2824 or by fax 505-828-2825. The normal business hours are 7am-4pm on Monday - Friday. You can find more information about the New York firm at hanseaticgroup.com.