Hicks Capital Management, LLC (Columbus)

Name: Hicks Capital Management, LLC
Address: 4200 Regent Street, Suite 200, Columbus, OH, 43219
Telephone: 614-944-5210

Hicks Capital Management, LLC is a large advisory firm based in Columbus. It manages $112.85 million of regulatory assets for 481 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Louisiana, Ohio, and Texas.

Hicks Capital Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hicks Capital Management: assets under management

The assets under management (AUM) of Hicks Capital Management, LLC is $112.85 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.9 million in discretionary accounts and $10.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $221.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $547.63 thousand.

Hicks Capital Management has custody of $112.85 million in cash and securities for 208 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in investment grade corporate bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hicks Capital Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Hicks Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hicks Capital Management is individuals with 190 clients and $81.22 million of assets under management. Among the 9 most similar advisory firms, Hicks Capital Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $112.85 million for 201 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.

Hicks Capital Management doesn't advise any private funds.

Careers at Hicks Capital Management, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
Timothy D Hicks	Managing member	1 Sep 2011	75% - 100%	4180057
Linda Mae Cash	Chief compliance officer	1 Apr 2013	Other	2489120

Based in Columbus

The principal office where Hicks Capital Management, LLC performs its advisory services is located at 4200 Regent Street, Suite 200, Columbus, OH 43219 The mailing address of the firm is 152 Carica Road, Naples, FL 34108. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 614-944-5210 or by fax 614-944-5211. The normal business hours are 9:00 am -5:00pm on Monday - Friday. You can find more information about the New York firm at hicks-capital.com.