Hms Adviser LP (Houston)


Hms Adviser LP is a large advisory firm based in Houston. It manages $1.15 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012.

Hms Adviser provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hms Adviser: assets under management

The assets under management (AUM) of Hms Adviser LP is $1.15 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6030436% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.15 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.15 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hms Adviser LP 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 Hms Adviser serves?

The only and largest group of clients of Hms Adviser is business development companies with 1 clients and $1.15 billion of assets under management. Among the 9 most similar advisory firms, Hms Adviser has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $1.15 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Hms Adviser doesn't advise any private funds.

Careers at Hms Adviser LP

The company employs 19 people that are either part- or full-time employees. 37 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
Susan Granger Dudley Chief compliance officer 1 Apr 2012 Other 4911606
Hms Adviser Gp Llc General partner 1 Apr 2012 Other 61-1681268
Sherri Webb Schugart Chief executive officer of hms adviser gp llc, the general partner of the adviser 1 Apr 2012 Other 4696327
Ryan Thomas Sims Secretary and chief financial officer of hms adviser gp llc, the general partner of the adviser 1 Apr 2012 Other 4726558
Hines Interests Limited Partnership Limited partner 1 Apr 2012 75% - 100% 76-0293595
Jeffrey Constable Hines Manager of hms adviser gp llc, the general partner of the adviser 1 Apr 2012 Other 2817910
Charles Nicholas Hazen Chairman and chief executive officer of hms adviser gp llc, the general partner of the adviser 1 Apr 2012 Other 4697523
Jason Patrick Maxwell Chief compliance officer 1 Aug 2015 Other 6055393
David Matthew Covington Chief financial officer of hms adviser gp llc, the general partner of the adviser 1 Jun 2019 Other 5493238

Indirect Owners

The SEC currently registers 15 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeffrey Constable Hines Limited partner 1 Jul 1980 75% - 100% 2817910
Inc. Jch Investments General partner 1 Dec 1986 Other 74-2117562
The Hines Holdings Inc. 2007 Mgmt. Trust Shareholder 1 Dec 1989 50% - 75% 46-7207394
Gerald Douglas Hines Trustee 1 Dec 1989 Other 6027413
Hines Real Estate Holdings Limited Partnership Limited partner 1 Jan 1990 75% - 100% 74-2122144
Inc. Hines Holdings General partner 1 Jan 1990 Other 76-0293596
Jeffrey Constable Hines Shareholder 1 May 1990 25% - 50% 2817910
Inc. Jch Investments General partner 1 Dec 1999 Other 74-2117562
Hines Investment Holdings Limited Partnership Limited partner 1 Mar 2000 75% - 100% 74-2122141
Jeffrey Constable Hines Trustee 1 Nov 2012 Other 2817910
Jch 2014 Management Trust Shareholder 1 Dec 2014 25% - 50% xxx-xx-xxxx
Jeffrey Constable Hines Trustee 1 Dec 2014 Other 2817910
Jch 2014 Management Trust Shareholder 1 Jan 2016 Other xxx-xx-xxxx
Jch Management Trust Shareholder 1 Jan 2016 Other xxx-xx-xxxx
Jch 2012 Trust Shareholder 1 Dec 2016 75% - 100% 46-6337918

Based in Houston

The principal office where Hms Adviser LP performs its advisory services is located at 2800 Post Oak Boulevard, Houston, TX 77056, 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 713-621-8000 or by fax 713-966-2075. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.