Hartwell J M Ltd Partnership is a large advisory firm based in New York. It manages $534.74 million of regulatory assets for 87 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 16 other states.
Hartwell J M Ltd Partnership 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.
The assets under management (AUM) of Hartwell J M Ltd Partnership is $534.74 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and $147.31 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Hartwell J M Ltd Partnership for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Hartwell J M Ltd Partnership is high net worth individuals with 35 clients and $503.51 million of assets under management. Among the 7 most similar advisory firms, Hartwell J M Ltd Partnership has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $518.82 million for 52 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.
Hartwell J M Ltd Partnership 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.
The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. No 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Hartwell J M Ltd Partnership performs its advisory services is located at 515 Madison Ave, New York, NY 10022, 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 212-308-3355 or by fax 212-980-0376. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at jmhartwell.com.