Copper Harbor Investment Advisors, LLC (Appleton)

Name: Copper Harbor Investment Advisors, LLC
Address: 250 North Metro Drive, Appleton, WI, 54913
Telephone: (920)687-7205

Copper Harbor Investment Advisors, LLC is a large advisory firm based in Appleton. It manages $311 million of regulatory assets for 152 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Wisconsin.

Copper Harbor Investment Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Copper Harbor Investment Advisors: assets under management

The assets under management (AUM) of Copper Harbor Investment Advisors, LLC is $311 million. The firm's AUM has grown by 193% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $310.98 million in discretionary accounts and $25 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $25 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 48% of the total AUM. The second-largest asset type is exchange traded securities, which make up 41% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Copper Harbor Investment Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Copper Harbor Investment Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Copper Harbor Investment Advisors is high net worth individuals with 122 clients and $306.07 million of assets under management. Among the 7 most similar advisory firms, Copper Harbor Investment Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $311 million for 152 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.

Copper Harbor Investment Advisors doesn't advise any private funds.

Careers at Copper Harbor Investment Advisors, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
Steven Nicholas Hooyman	President, member, cco	1 Dec 2013	75% - 100%	2143662
Amy Johanna Sitter	Partner, member	1 May 2016	Other	2233146
Jesse Lincoln Nelson	Partner, member	1 Jul 2019	Other	5134055
Ramon Garrido Mateos	Partner, member	1 Jul 2019	Other	6874145

Based in Appleton

The principal office where Copper Harbor Investment Advisors, LLC performs its advisory services is located at 250 North Metro Drive, Appleton, WI 54913, 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 (920)687-7205. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at copperharbor.us.