Hotaling Investment Management, LLC (Wayne)

Name: Hotaling Investment Management, LLC
Address: 100 West Lancaster Avenue, Wayne, PA, 19087
Telephone: 610-688-0616

Hotaling Investment Management, LLC is a large advisory firm based in Wayne. It manages $210.67 million of regulatory assets for 408 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Florida, and 5 other states.

Hotaling Investment Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hotaling Investment Management: assets under management

The assets under management (AUM) of Hotaling Investment Management, LLC is $210.67 million. The firm's AUM has grown by 97% since the beginning of its operation, and $824.64 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $194.6 million in discretionary accounts and $16.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $539.07 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $341.79 thousand.

Hotaling Investment Management has custody of $30.98 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in investment and business development companies form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hotaling Investment Management, LLC for their services and products based on a percentage of assets under management. 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 Hotaling Investment Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hotaling Investment Management is high net worth individuals with 67 clients and $181.1 million of assets under management. Among the 11 most similar advisory firms, Hotaling Investment Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $206.44 million for 150 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Hotaling Investment Management doesn't advise any private funds.

Careers at Hotaling Investment Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 3 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
Bruce T Hotaling	Managing member, cco	1 Nov 2012	75% - 100%	1675606

Based in Wayne

The principal office where Hotaling Investment Management, LLC performs its advisory services is located at 100 West Lancaster Avenue, Wayne, PA 19087, 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 610-688-0616. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at hotalingllc.com/.