Heydorn Stone Capital Management LLC (Harrison)

Name: Heydorn Stone Capital Management LLC
Address: 600 Mamaroneck Avenue, Harrison, NY, 10528
Telephone: 914-752-5300

Heydorn Stone Capital Management LLC is a mid-sized advisory firm based in Harrison. It manages $66.54 million of regulatory assets for 230 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Massachusetts, New Jersey, and 3 other states.

Heydorn Stone Capital Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Heydorn Stone Capital Management: assets under management

The assets under management (AUM) of Heydorn Stone Capital Management LLC is $66.54 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 12% since the beginning of its operation, and $122.46 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $66.54 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $289.3 thousand each.

Heydorn Stone Capital Management has custody of $20.75 million in cash and securities for 61 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Heydorn Stone Capital Management LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Heydorn Stone Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Heydorn Stone Capital Management is high net worth individuals with 41 clients and $47.99 million of assets under management. Among the 3 most similar advisory firms, Heydorn Stone Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $66.54 million for 99 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.

Heydorn Stone Capital Management doesn't advise any private funds.

Careers at Heydorn Stone Capital Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Margaret S. Heydorn	Founding partner	1 Jun 2001	75% - 100%	4145016
Alana May Stone	Partner, cco	1 Sep 2013	75% - 100%	2699278

Based in Harrison

The principal office where Heydorn Stone Capital Management LLC performs its advisory services is located at 600 Mamaroneck Avenue, Harrison, NY 10528, 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 914-752-5300 or by fax 914-752-5302. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at heydornstone.com.