Harbor Investment Advisory, LLC is a large advisory firm based in Lutherville. It manages $2.35 billion of regulatory assets for 2,309 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Colorado, and 25 other states.
Harbor Investment Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Harbor Investment Advisory, LLC is $2.35 billion. The firm's AUM has grown by 2602% 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 Harbor Investment Advisory, 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.
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 Fred Cregan Jr Hill is high net worth individuals with 2,142 clients and $1.08 billion of assets under management. Among the 9 most similar advisory firms, Harbor Investment Advisory has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.35 billion for 2,309 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.
Harbor Investment Advisory doesn't advise any private funds.
The company employs 29 people that are either part- or full-time employees. 93 percent of the employees work as investment advisers or researchers. 27 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.
Fred Cregan Jr Hill has been acting as President since 1 Jul 2014. Elizabeth Bond Brennen joined the executive team most recently as the Coo/Cco.
The principal office where Harbor Investment Advisory, LLC performs its advisory services is located at 2330 W. Joppa Road, Lutherville, MD 21093, 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 410-659-8900 or by fax 410-659-8899. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at harborinvestmentadvisory.com.