Round Hill Asset Management Inc (Pasadena)

Name: Round Hill Asset Management Inc
Address: 180 S. Lake Avenue, Pasadena, CA, 91101 4775
Telephone: 626-431-2685

Round Hill Asset Management Inc is a large advisory firm based in Pasadena. It manages $266.22 million of regulatory assets for 194 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Wisconsin.

Round Hill Asset Management 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.

Round Hill Asset Management: assets under management

The assets under management (AUM) of Round Hill Asset Management Inc is $266.22 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 398% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $266.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.37 million each.

Round Hill Asset Management has custody of $41.83 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 25% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Round Hill Asset Management 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 Round Hill Asset Management 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 Round Hill Asset Management is high net worth individuals with 76 clients and $167.4 million of assets under management. Among the 7 most similar advisory firms, Round Hill Asset Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $266.22 million for 194 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.

Round Hill Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Round Hill Asset Management Inc

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Channing Turner Lushbough	President, treasurer, and chief compliance officer	1 Mar 1986	75% - 100%	712314

Based in Pasadena

The principal office where Round Hill Asset Management Inc performs its advisory services is located at 180 S. Lake Avenue, Pasadena, CA 91101 4775, 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 626-431-2685. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at rhill.com/.