High Desert Investment Advisors,LLC (Albuquerque)

Name: High Desert Investment Advisors,LLC
Address: 1178 Laurel Place Ne, Albuquerque, NM, 87122
Telephone: 505-469-3467

High Desert Investment Advisors,LLC is a mid-sized advisory firm based in Albuquerque. It manages $25 million of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New Mexico.

High Desert Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, market timing services, and economic modeling. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

High Desert Investment Advisors: assets under management

The assets under management (AUM) of High Desert Investment Advisors,LLC is $25 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 45% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay High Desert Investment Advisors,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 Richard Heywood Brackett serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Richard Heywood Brackett is high net worth individuals with 7 clients and $15 million of assets under management. Among the 9 most similar advisory firms, High Desert Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $25 million for 25 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.

High Desert Investment Advisors doesn't advise any private funds.

Careers at High Desert Investment Advisors,LLC

The company employs 1 person that is either a part- or full-time employee. 100 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
Richard Heywood Brackett	President/managing member/chief compliance officer	1 Jul 2003	75% - 100%	727210

Based in Albuquerque

The principal office where High Desert Investment Advisors,LLC performs its advisory services is located at 1178 Laurel Place Ne, Albuquerque, NM 87122, 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 505-469-3467 or by fax 505-797-2644. The normal business hours are 7 am to 5 pm on Monday - Friday. You can find more information about the New York firm at highdesertadvisors.net/clientcommunications/advisoryletters.html.