Htg Investment Advisors Inc (New Canaan)

Name: Htg Investment Advisors Inc
Address: 50 Locust Avenue, New Canaan, CT, 06840
Telephone: 203-972-8262

Htg Investment Advisors Inc is a large advisory firm based in New Canaan. It manages $541.63 million of regulatory assets for 1,189 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.

Htg Investment Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Htg Investment Advisors: assets under management

The assets under management (AUM) of Htg Investment Advisors Inc is $541.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1263% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $541.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $455.53 thousand each.

Htg Investment Advisors has custody of $87.36 million in cash and securities for 72 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Htg Investment Advisors 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 Htg Investment Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Htg Investment Advisors is high net worth individuals with 183 clients and $481.44 million of assets under management. Among the 12 most similar advisory firms, Htg Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $541.63 million for 316 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.

Htg Investment Advisors doesn't advise any private funds.

Careers at Htg Investment Advisors Inc

The company employs 12 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 10 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
Harmon Thomas Gnuse	President and chief investment officer	1 Jul 1993	50% - 75%	2496862
Jeanne Pflaum Gnuse	Corporate secretary	1 Jul 1993	Other	4359454
Thomas Charles Butterworth	Chief compliance officer	1 Sep 2004	Other	4701714
Robin Ann Sherwood	Executive vice president and chief compliance officer	1 Jul 2006	25% - 50%	4693308
Alexander Gregory Zaharoff	Executive vice president and assistant secretary	1 Dec 2015	25% - 50%	4364151
Kerry Bridget Connell	Secretary	1 Aug 2017	Other	6299882

Based in New Canaan

The principal office where Htg Investment Advisors Inc performs its advisory services is located at 50 Locust Avenue, New Canaan, CT 06840, 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 203-972-8262 or by fax 203-966-4740. The normal business hours are 9:00a.m.-5:00p.m. by appointment on Monday - Friday. You can find more information about the New York firm at htginvestmentadvisors.com and its LinkedIn profile.