Hillview Capital Advisors, LLC (Wayne)


Hillview Capital Advisors, LLC is a large advisory firm based in Wayne. It manages $848.66 million of regulatory assets for 328 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida, Maryland, Massachusetts, and 4 other states.

Hillview Capital Advisors provides financial planning services, 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 educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hillview Capital Advisors: assets under management

The assets under management (AUM) of Hillview Capital Advisors, LLC is $848.66 million. The firm's AUM has grown by 26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $649.2 million in discretionary accounts and $199.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.99 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $199.46 million.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 29% of the firm’s portfolio. Investments in exchange traded securities form 12% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hillview Capital Advisors, LLC for their services and products based on a percentage of assets under management. 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 Hillview Capital Advisors serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Hillview Capital Advisors is high net worth individuals with 65 clients and $567.21 million of assets under management. Among the 6 most similar advisory firms, Hillview Capital Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $641.95 million for 76 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.

Hillview Capital Advisors also advises several private funds.

Careers at Hillview Capital Advisors, LLC

The company employs 12 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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
Joseph Aloysius Bracken Chief operating officer, chief compliance officer, member of investment committee, principal 1 Mar 1999 Other 2692631
David Michael Spungen Owner, managing member, chief executive officer, member of investment committee 1 Apr 1999 50% - 75% 1479623
Gary Richard Sobelman Owner, managing member, vice president, member investment committee 1 Apr 1999 25% - 50% 1411148
James Francis Madden Partner, director of client service 1 Apr 2001 Other 1720884
Jonathan Jay Hochberg Owner, managing member, president, member of investment committee 1 Mar 2005 50% - 75% 3108476
Asset Management Investment Company Plc Shareholder 1 Mar 2005 25% - 50% foreign entity
Elizabeth Elena Schaefer Member of investment committee, principal 1 Apr 2005 Other 4104724
Lisa Ann Ploschke Chief compliance officer 1 Mar 2006 Other 5121319
Elizabeth Anne Kelly Partner, chief financial officer 1 Apr 2006 Other 5182397
Nelson Marcus Burr Chief compliance officer 1 Apr 2006 Other 2820805
Lisa Ann Ploschke Chief compliance officer 1 Jun 2006 Other 5121319
Catherine T Reese Chief compliance officer 1 Aug 2012 Other 2006207
Brendan Thomas Sochin Connor Partner, member of investment committee, principal 1 Aug 2013 Other 5902063
Alexander Bailye Doucette Partner, member of investment committee 1 Jan 2015 Other 6251709
Gillian Marya Johnson Chief operating officer and chief compliance officer 1 Jan 2015 Other 5428745
Gillian M Johnson Chief operating officer 1 Jan 2015 Other 5428745
Danielle Lauren White Partner, director of wealth advisory services 1 Jan 2016 Other 4808066
Paul Stuart Platkin Partner, chief investment officer 1 Apr 2016 Other 4679631

Based in Wayne

The principal office where Hillview Capital Advisors, LLC performs its advisory services is located at 1200 Liberty Ridge Drive, Wayne, PA 19087, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 484-708-4720 or by fax 484-708-4733. The normal business hours are 9:00 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at hillviewcap.com.

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