Hyland, Bruce Tappan (Califon)

Hyland, Bruce Tappan is a mid-sized advisory firm based in Califon. It manages $65.5 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2011.

Hyland, Bruce Tappan provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hyland, Bruce Tappan: assets under management

The assets under management (AUM) of Hyland, Bruce Tappan is $65.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $65.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.46 million each.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is state and local bonds, which make up 11% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hyland, Bruce Tappan for their services and products based on a percentage of assets under management. 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 Hyland, Bruce Tappan serves?

The only and largest group of clients of Hyland, Bruce Tappan is high net worth individuals with 10 clients and $46 million of assets under management. Among the 4 most similar advisory firms, Hyland, Bruce Tappan has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $46 million for 10 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.

Hyland, Bruce Tappan doesn't advise any private funds.

Careers at Hyland, Bruce Tappan

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
Bruce Tappan Hyland	Cco, sole owner	1 Dec 2011	75% - 100%	6009601
Deerview Asset Management	Sole propreity	1 Dec 2011	75% - 100%	159731

Based in Califon

The principal office where Hyland, Bruce Tappan performs its advisory services is located at 184 Beacon Hill Rd, Califon, NJ 07830, 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 908-832-2504 or by fax 908-832-2894. The normal business hours are 9:00am to 5:00 pm on Monday - Friday.