Ht Partners LLC (Centerbrook)

Name: Ht Partners LLC
Address: 6 Main Street, Centerbrook, CT, 06409
Telephone: 860-662-4197

Ht Partners LLC is a large advisory firm based in Centerbrook. It manages $337.02 million of regulatory assets for 296 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Connecticut, Delaware, Florida, and New York.

Ht Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and multifamily office advisory; financial consulting. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ht Partners: assets under management

The assets under management (AUM) of Ht Partners LLC is $337.02 million. The firm's AUM has grown by 43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $336.73 million in discretionary accounts and $288.96 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.15 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $72.24 thousand.

Ht Partners has custody of $18.03 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is investment and business development companies, which make up 11% of the firm’s portfolio. Investments in other assets form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ht Partners LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Ht Partners serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ht Partners is high net worth individuals with 39 clients and $310.96 million of assets under management. Among the 13 most similar advisory firms, Ht Partners has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $337.02 million for 93 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.

Ht Partners doesn't advise any private funds.

Careers at Ht Partners LLC

The company employs 6 people that are either part- or full-time employees. 67 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.

Frederick Cheung has served as the Chief Investment Officer since 1 Jun 2009. Peter Joseph Decker joined the executive team most recently as the Managing Member, Managing Director, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Joseph Decker	Managing member, managing director, chief compliance officer	1 Feb 2008	50% - 75%	2623858
Christopher Joachim Koehm	Managing member/managing director	1 Feb 2008	50% - 75%	5540551
Christopher J. Koehm	Managing member	1 Feb 2008	50% - 75%	5540551
Frederick Cheung	Chief investment officer	1 Jun 2009	Other	5687884

Based in Centerbrook

The principal office where Ht Partners LLC performs its advisory services is located at 6 Main Street, Centerbrook, CT 06409, 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 860-662-4197 or by fax 860-767-7102. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at htptrs.com.