Highmount Capital LLC (New York)


Highmount Capital LLC is a large advisory firm based in New York. It manages $1.88 billion of regulatory assets for 700 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Connecticut, Florida, and 9 other states.

Highmount Capital provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and selection of hedge funds on behalf of client accounts.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Highmount Capital: assets under management

The assets under management (AUM) of Highmount Capital LLC is $1.88 billion. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.6 billion in discretionary accounts and $277.48 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.46 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.44 million.
Highmount Capital has custody of $1.32 billion in cash and securities for 89 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Highmount Capital LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Maarten Riley Vanhengel Partner 1 May 2002 25% - 50% 729226
Steven George Hoch Partner 1 May 2002 50% - 75% 4527146
Brown Advisory Incorporated Unit holder and managing member 1 Jun 2015 Other 52-2112409
Brown Advisory Group Holdings Llc Holding company 1 Jan 2016 25% - 50% 47-5471075

Based in New York

The principal office where Highmount Capital LLC performs its advisory services is located at 12 East 49 Th Street, New York, NY 10017 1028, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-871-8550 or by fax 212-759-1619. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at hmcap.com.