Harren Equity Partners, LLC (Charlottesville)

Name: Harren Equity Partners, LLC
Address: The Gleason Building, Charlottesville, VA, 22902 5662
Telephone: 434-245-5800

Harren Equity Partners, LLC is a large advisory firm based in Charlottesville. It manages $398.43 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Florida and Virginia.

Harren Equity Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Harren Equity Partners: assets under management

The assets under management (AUM) of Harren Equity Partners, LLC is $398.43 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 151% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $398.43 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $79.69 million each.

Harren Equity Partners has custody of $398.43 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Harren Equity Partners, LLC for their services and products based on a percentage of assets under management and performance-based 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 Harren Equity Partners serves?

The only and largest group of clients of Harren Equity Partners is pooled investment vehicles with 5 clients and $398.43 million of assets under management. Among the 8 most similar advisory firms, Harren Equity Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $398.43 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Harren Equity Partners also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $1 to $2,500,000.

Careers at Harren Equity Partners, LLC

The company employs 14 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. No 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
Thomas A Carver	Managing partner	1 Sep 2000	50% - 75%	1976966
Lee J Monahan	Partner	1 Jul 2002	25% - 50%	2687801
Brian Frank Fitzgerald	Cfo	1 Apr 2011	Other	5949731
Christine Piorkowski Barth	Chief compliance officer and chief financial officer	1 Mar 2014	Other	6314618

Based in Charlottesville

The principal office where Harren Equity Partners, LLC performs its advisory services is located at The Gleason Building, Charlottesville, VA 22902 5662, which is also the mailing address of the firm. An additional office of the firm is in Fort Lauderdale, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 434-245-5800 or by fax 434-245-5802. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at harrenequity.com.