Hammes Realty Advisors, LLC (Milwaukee)

Hammes Realty Advisors, LLC is a large advisory firm based in Milwaukee. It manages $1.1 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Wisconsin.

Hammes Realty Advisors 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.

Hammes Realty Advisors: assets under management

The assets under management (AUM) of Hammes Realty Advisors, LLC is $1.1 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 594% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.1 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $548.71 million each.

Hammes Realty Advisors has custody of $4.01 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hammes Realty Advisors, 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 Hammes Realty Advisors serves?

The only and largest group of clients of Hammes Realty Advisors is pooled investment vehicles with 2 clients and $1.1 billion of assets under management. Among the 8 most similar advisory firms, Hammes Realty Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.1 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.

Hammes Realty Advisors also advises several private funds. Namely, two real estate funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Hammes Realty Advisors, LLC

The company employs 25 people that are either part- or full-time employees. 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
Jon Donald Hammes	Managing partner	1 Jul 2012	Other	3081210
Jon Patrick Hammes	Partner; chief compliance officer	1 Jul 2012	Other	4639679
Todd Kibler	Partner	1 Jul 2012	Other	6131476
Llc Hf Advisor I	Member	1 Oct 2013	75% - 100%	46-3800306

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Jon Donald Hammes	Member	1 Oct 2013	75% - 100%	3081210

Based in Milwaukee

The principal office where Hammes Realty Advisors, LLC performs its advisory services is located at 1400 N. Water Street, Milwaukee, WI 53202, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 414-509-2500 or by fax 414-755-7784. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.