Honeywell Capital Management LLC (Morris Plains)

Honeywell Capital Management LLC is a large advisory firm based in Morris Plains. It manages $14.01 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2005.

Honeywell Capital Management provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Honeywell Capital Management: assets under management

The assets under management (AUM) of Honeywell Capital Management LLC is $14.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 416% since the beginning of its operation, and $755 million of the total AUM is attributable to clients outside of the United States.

The firm manages $14.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $737.39 million each.

Investments

The firm invests in exchange traded securities the most. They account for 23% of the total AUM. The second-largest asset type is government bonds, which make up 10% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Honeywell Capital Management LLC for their services and products based on a percentage of assets under management. 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.

Careers at Honeywell Capital Management LLC

The company employs 21 people that are either part- or full-time employees. 90 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.

Harsh Bansal has been acting as President since 1 Jul 2004. Gregory Peter Lewis joined the executive team most recently as the Director, Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Honeywell International Inc	Owner	1 Nov 1997	75% - 100%	22-2640650
Thomas Wright Weidenkopf	Director	1 May 2002	Other	4781090
Kevin Michael Covert	Chief compliance officer	1 Jun 2003	Other	4781015
David John Anderson	Director, chairman	1 Jun 2003	Other	4781094
Harsh Bansal	Ceo/director	1 Jul 2004	Other	4379130
Mark Russell James	Director	1 Mar 2008	Other	5509222
Thomas A Szlosek	Director, chairman	1 Apr 2014	Other	6469774
Thomas Alan Szlosek	Director, chairman	1 Apr 2014	Other	6469774
Gregory Peter Lewis	Director, chairman	1 Aug 2018	Other	7000554

Based in Morris Plains

The principal office where Honeywell Capital Management LLC performs its advisory services is located at 115 Tabor Road, Morris Plains, NJ 07950, 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 973-455-4502 or by fax 973-695-4540. The normal business hours are 9:00a.m.- 5:00p.m. on Monday - Friday.