Hill Investment Group, LLC (St. Louis)

Name: Hill Investment Group, LLC
Address: 7701 Forsyth Boulevard, St. Louis, MO, 63105
Telephone: 314-448-4023

Hill Investment Group, LLC is a large advisory firm based in St. Louis. It manages $615.5 million of regulatory assets for 1,003 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Florida, Illinois, Missouri, and Texas.

Hill Investment Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hill Investment Group: assets under management

The assets under management (AUM) of Hill Investment Group, LLC is $615.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1216% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $615.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $613.66 thousand each.

Hill Investment Group has custody of $615.5 million in cash and securities for 223 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 91% of the total AUM. The second-largest asset type is state and local bonds, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hill Investment Group, LLC for their services and products based on a percentage of assets under management and fixed 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 Hill Investment Group serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Hill Investment Group is high net worth individuals with 115 clients and $567 million of assets under management. Among the 9 most similar advisory firms, Hill Investment Group has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $615.5 million for 223 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.

Hill Investment Group doesn't advise any private funds.

Careers at Hill Investment Group, LLC

The company employs 11 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. 9 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
Richard Newell Hill	Founding member	1 Jun 2005	Other	3068980
Matthew Aaron Hall	Co-founder and president	1 Jun 2005	75% - 100%	2976699
Walter Chalmers Reisinger	Member/partner	1 Oct 2010	Other	2879378
Jeffrey Robert Snodgrass	Chief compliance officer	1 Oct 2011	Other	5501229
Henry Stanton Bragg	Member	1 Feb 2016	Other	5162603
John Patrick Reagan	Member	1 Feb 2016	Other	5556751
Nell Cameron Swanson	Chief compliance officer and chief operating officer	1 Dec 2017	Other	6821063
Nell Swanson Schiffer	Chief compliance officer and chief operating officer	1 Dec 2017	Other	6821063

Based in St. Louis

The principal office where Hill Investment Group, LLC performs its advisory services is located at 7701 Forsyth Boulevard, St. Louis, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-448-4023 or by fax 314-448-4027. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at ignorewallstreet.com.