Hggc, LLC (Palo Alto)

Name: Hggc, LLC
Address: 1950 University Avenue, Palo Alto, CA, 94303
Telephone: 6503214910

Hggc, LLC is a large advisory firm based in Palo Alto. It manages $4.09 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.

Hggc provides 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.

Hggc: assets under management

The assets under management (AUM) of Hggc, LLC is $4.09 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 338% since the beginning of its operation, and $3.87 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.09 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $215.15 million each.

Hggc has custody of $4.09 billion in cash and securities for 19 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hggc, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jon Meade Huntsman serves?

The only and largest group of clients of Jon Meade Huntsman is pooled investment vehicles with 19 clients and $4.09 billion of assets under management. Among the 9 most similar advisory firms, Hggc has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.09 billion for 19 clients. 84% of the firm’s clients are foreign persons or businesses.

Hggc also advises several private funds. Namely, eighteen private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $20,000,000.

Careers at Hggc, LLC

The company employs 42 people that are either part- or full-time employees. 100 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.

Jon Meade Huntsman has been acting as President since 1 Jan 2008. Lance Riley Taylor joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jon Meade Huntsman	Chairman	1 Jan 2008	Other	5772894
Gregory Michael Benson	Managing partner	1 Jan 2012	25% - 50%	1453888
Jon Steven Young	Managing partner	1 Jan 2012	25% - 50%	4624234
Richard Franklin Lawson	Managing partner	1 Jan 2012	Other	2378822
James Louis Learner	Managing partner	1 Jan 2013	Other	6318926
Leslie Melvin Brown	Chief operating officer	1 Mar 2013	Other	5449245
Kurt Alan Krieger	General counsel and chief compliance officer	1 Mar 2013	Other	5652119
Robert Christopher Gay	Executive director	1 Mar 2013	Other	5449233
Gary Lewis Crittenden	Managing partner and chief executive officer	1 Mar 2013	Other	5772898
Llc Huntsman Gay Global Capital Holdings	Member	1 Mar 2013	Other	94-3459045
Gary Lewis Crittenden	Managing partner and chairman	1 Aug 2013	25% - 50%	5772898
Richard Franklin Lawson	Managing partner and chief executive officer	1 Aug 2013	25% - 50%	2378822
Lance Riley Taylor	Chief financial officer	1 May 2014	Other	5892984

Based in Palo Alto

The principal office where Hggc, LLC performs its advisory services is located at 1950 University Avenue, Palo Alto, CA 94303, 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 6503214910 or by fax 6503214911. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at hggc.com.