Highlander Capital Management LLC (Short Hills)


Highlander Capital Management LLC is a large advisory firm based in Short Hills. It manages $193.93 million of regulatory assets for 248 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, New Hampshire, New Jersey, and North Carolina.

Highlander Capital Management provides portfolio management for individuals and small businesses and 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.

Highlander Capital Management: assets under management

The assets under management (AUM) of Highlander Capital Management LLC is $193.93 million. The firm's AUM has grown by 177% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $191.61 million in discretionary accounts and $2.32 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $775.75 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.32 million.

Investments

The firm invests in exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in investment and business development companies form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Highlander Capital Management 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 Highlander Capital Management serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Highlander Capital Management is high net worth individuals with 62 clients and $134.38 million of assets under management. Among the 11 most similar advisory firms, Highlander Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $193.93 million for 248 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Highlander Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Highlander Capital Management LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Douglas Alan Macwright Senior managing director 1 Jun 1996 75% - 100% 727009
Patrick John Lynch Member 1 Jun 1996 Other 1617395
Inc. Fia Capital Group Member 1 Jun 1996 Other 19074
Ellen Sandler Barker Managing director 1 Jan 2000 Other 708988
Eckart Alexander Weeck Compliance/managing director 1 Jan 2000 Other 1052658
Eckart Alexander Weeck Chief compliance officer/managing director 1 Oct 2004 Other 1052658

Based in Short Hills

The principal office where Highlander Capital Management LLC performs its advisory services is located at 535 Millburn Avenue, Short Hills, NJ 07078, 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 973-718-3511 or by fax 973-718-3515. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at highlandercapital.com.