Hugh Johnson Advisors LLC (Albany)

Name: Hugh Johnson Advisors LLC
Address: 80 State Street, Albany, NY, 12207
Telephone: 518-641-6860

Hugh Johnson Advisors LLC is a large advisory firm based in Albany. It manages $1.42 billion of regulatory assets for 527 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Connecticut, Florida, and 9 other states.

Hugh Johnson Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hugh Johnson Advisors: assets under management

The assets under management (AUM) of Hugh Johnson Advisors LLC is $1.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 64% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.42 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.7 million each.

Investments

The firm invests in cash and cash equivalents the most. They account for 54% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 14% of the firm’s portfolio. Investments in exchange traded securities form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hugh Johnson Advisors LLC for their services and products based on a percentage of assets under management 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 Hugh Johnson Advisors serves?

The firm provides services to charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Hugh Johnson Advisors is corporations or other businesses with 13 clients and $764.72 million of assets under management. Among the 8 most similar advisory firms, Hugh Johnson Advisors has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $1.37 billion for 526 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.

Hugh Johnson Advisors doesn't advise any private funds.

Careers at Hugh Johnson Advisors LLC

The company employs 10 people that are either part- or full-time employees. 90 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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
Thomaslloyd Global Asset Management (Americas) Llc	Member	1 Oct 2004	Other	133042
Robert Taft Hennes	Member/managing director-investments	1 Jan 2005	Other	833753
Charles Alan Brown	Member/vice president-investments	1 Jan 2005	Other	2820171
C Dianne Mcknight	Member/vice president & chief compliance officer	1 Jan 2005	Other	1319946
Hugh Albert Johnson	Member/chairman & chief investment officer	1 Jan 2005	25% - 50%	259590
Daniel Paul Nolan	Member, president & ceo	1 Oct 2008	25% - 50%	707121

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Thomaslloyd Holdings Plc	Owner	1 May 2006	75% - 100%	foreign
T. U. Michael Sieg	Owner	1 May 2006	75% - 100%	foreign

Based in Albany

The principal office where Hugh Johnson Advisors LLC performs its advisory services is located at 80 State Street, Albany, NY 12207, 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 518-641-6860 or by fax 518-641-6856. The normal business hours are 8:30 am -- 5:00 pm on Monday - Friday. You can find more information about the New York firm at hjadvisors.com.