Hollencrest Securities, LLC is a large advisory firm based in Newport Beach. It manages $1.2 billion of regulatory assets for 600 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Nevada, and Texas.
Hollencrest Securities 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 consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as dist agent for pvt fund.
The assets under management (AUM) of Hollencrest Securities, LLC is $1.2 billion. The firm's AUM has grown by 335% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Hollencrest Securities, 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.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Hollencrest Securities is high net worth individuals with 122 clients and $1.03 billion of assets under management. Among the 9 most similar advisory firms, Hollencrest Securities has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.09 billion for 225 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.
Hollencrest Securities also advises several private funds.
The company employs 17 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 15 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Hollencrest Securities, LLC performs its advisory services is located at 100 Bayview Circle, Newport Beach, CA 92660 8903, 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 949-737-7700 or by fax 949-737-7703. The normal business hours are 6am-5pm on Monday - Friday. You can find more information about the New York firm at hollencrest.com.