Hillegas Advisory Services, Inc. (Solana Beach)

Name: Hillegas Advisory Services, Inc.
Address: 225 W Plaza Street, Solana Beach, CA, 92075
Telephone: 858-756-6111

Hillegas Advisory Services, Inc. is a large advisory firm based in Solana Beach. It manages $108.6 million of regulatory assets for 325 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California and Texas.

Hillegas Advisory Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hillegas Advisory Services: assets under management

The assets under management (AUM) of Hillegas Advisory Services, Inc. is $108.6 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $98.85 million in discretionary accounts and $9.75 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $374.41 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $159.89 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 67% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hillegas Advisory Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Craig James Hillegas serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Craig James Hillegas is high net worth individuals with 31 clients and $98.92 million of assets under management. Among the 11 most similar advisory firms, Hillegas Advisory Services has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $108.41 million for 65 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.

Hillegas Advisory Services doesn't advise any private funds.

Careers at Hillegas Advisory Services, Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 2 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
Craig James Hillegas	President/chief compliance officer	1 May 1993	75% - 100%	2350414

Based in Solana Beach

The principal office where Hillegas Advisory Services, Inc. performs its advisory services is located at 225 W Plaza Street, Solana Beach, CA 92075, 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 858-756-6111 or by fax 888-972-1614. The normal business hours are by appointment on Other. You can find more information about the New York firm at haswealth.com.