Hayden Royal, LLC (Charlotte)

Name: Hayden Royal, LLC
Address: 4201 Congress Street, Charlotte, NC, 28209
Telephone: 7049190439

Hayden Royal, LLC is a large advisory firm based in Charlotte. It manages $546.36 million of regulatory assets for 3,080 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 23 other states.

Hayden Royal provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hayden Royal: assets under management

The assets under management (AUM) of Hayden Royal, LLC is $546.36 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -64% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $546.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $177.39 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hayden Royal, 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 Hayden Royal 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 Hayden Royal is individuals with 2,943 clients and $399.01 million of assets under management. Among the 9 most similar advisory firms, Hayden Royal has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $546.36 million for 3,080 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.

Hayden Royal doesn't advise any private funds.

Careers at Hayden Royal, LLC

The company employs 32 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. 19 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.

Hayden Royal, LLC is owned by Doug G Brown. Sarah Margaret Westbrook joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Justin Michael Hines	Cco	1 Nov 2015	Other	5065632
Doug G Brown	Member/owner	1 May 2016	Other	6704400
David Whitney Jackson	Member/owner	1 May 2016	Other	1213535
Jeffrey Randall Hines	Member/owner	1 May 2016	Other	861837
Louis David Dworsky	Chief executive officer	1 Nov 2017	Other	1689624
Llc Capital Investment Opportunities	Member	1 Feb 2018	Other	26-3563863
Llc Zermatt Holdings	Member	1 May 2018	Other	82-4012279
Brian Scott Langley	Member/owner	1 Jun 2018	Other	2439767
Brandon Christopher Oliver	Member/owner	1 Jun 2018	Other	3251099
Sarah Margaret Westbrook	Cco	1 Jan 2019	Other	4751500

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Louis David Dworsky	Member	1 Jan 2018	25% - 50%	1689624
Ralph Thomas Mayes	Member	1 Jan 2018	25% - 50%	6776185
Meyer Dworsky	Member	1 Jan 2018	25% - 50%	7072722
Jeffrey Randall Hines	Member	1 Feb 2018	25% - 50%	861837
Doug G Brown	Member	1 Feb 2018	50% - 75%	6704400

Based in Charlotte

The principal office where Hayden Royal, LLC performs its advisory services is located at 4201 Congress Street, Charlotte, NC 28209, which is also the mailing address of the firm. An additional office of the firm is in Virginia Beach, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 7049190439. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at brittisonfinancialgroup.com.