Harbor Group International, LLC (Norfolk)

Name: Harbor Group International, LLC
Address: 999 Waterside Drive, Norfolk, VA, 23510
Telephone: 757-640-0800

Harbor Group International, LLC is a large advisory firm based in Norfolk. It manages $1.01 billion of regulatory assets for 100 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Maryland, New York, and Virginia.

Harbor Group International 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.

Harbor Group International: assets under management

The assets under management (AUM) of Harbor Group International, LLC is $1.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 137% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.14 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Harbor Group International, 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.

What kind of clients Jr. Thomas Richard Litton serves?

The only and largest group of clients of Jr. Thomas Richard Litton is pooled investment vehicles with 100 clients and $1.01 billion of assets under management. Among the 5 most similar advisory firms, Harbor Group International has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.01 billion for 100 clients. None of the firm’s clients are foreign persons or businesses.

Harbor Group International also advises several private funds. Namely, one hundred private equity funds. The minimum investment commitment required of non-related persons ranges from $100 to $30,299,642.

Careers at Harbor Group International, LLC

The company employs 78 people that are either part- or full-time employees. 41 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.

Jr. Thomas Richard Litton has been acting as President since 1 Jul 2007. Jordan Eric Slone joined the executive team most recently as the Manager, Member Hggp Capital Xi, Llc (Relying Adviser).

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Hgi Holdings	Member	1 Jul 2007	75% - 100%	54-1934716
Jordan Eric Slone	Chairman / chief executive officer / director	1 Jul 2007	Other	5657101
David Joel Zwiebel	Vice chairman / director	1 Jul 2007	Other	5657258
Jr. Thomas Richard Litton	President	1 Jul 2007	Other	5657116
Saul (Nmn) Lubetski	Vice chairman / director	1 Jul 2007	Other	2957577
Jay (Nmn) Zwiebel	Executive managing director	1 Jul 2007	Other	5657120
Herbert Kay Bangel	Director	1 Jul 2007	Other	5657261
Pinchas (Nmn) Mendlovic	Director	1 Jul 2007	Other	5657254
Herbert K Bangel	Director	1 Jul 2007	Other	5657261
Carla Ramey Stoner	Chief financial officer / treasurer / secretary	1 Jan 2013	Other	5389173
Lucinda Ward Klevecz	Chief compliance officer for harbor group international llc	1 Jan 2013	Other	5657081
Jr. Thomas Richard Litton	Manager - hggp capital ix, llc (relying adviser)	1 Jan 2013	Other	5657116
Saul (Nmn) Lubetski	Manager - hggp capital ix, llc (relying adviser)	1 Jan 2013	Other	2957577
Jay (Nmn) Zwiebel	Manager - hggp capital ix, llc (relying adviser)	1 Jan 2013	Other	5657120
Pinchas (Nmn) Mendlovic	Manager - hggp capital ix, llc (relying adviser)	1 Jan 2013	Other	5657254
Llc Harbor Capital Ii	Member - hggp capital ix, llc (relying adviser)	1 Jan 2013	Other	46-1687488
Llc Dekel Of Virginia	Member - hggp capital ix, llc (relying adviser)	1 Jan 2013	Other	26-0810578
Llc Hgi Hggp Holdings	Member - hggp capital ix, llc (relying adviser)	1 Jan 2013	Other	47-1285083
Jordan Eric Slone	Manager, member - hggp capital x, llc (relying adviser)	1 Dec 2015	25% - 50%	5657101
Jr. Thomas Richard Litton	Manager, member - hggp capital x, llc (rellying adviser)	1 Dec 2015	Other	5657116
Saul (Nmn) Lubetski	Manager, member - hggp capital x, llc (relying adviser)	1 Dec 2015	Other	2957577
Jay (Nmn) Zwiebel	Manager, member - hggp capital x, llc (relying adviser)	1 Dec 2015	Other	5657120
Carla Ramey Stoner	Chief financial officer, member - hggp capital x, llc (relying adviser)	1 Dec 2015	Other	5389173
Pinchas (Nmn) Mendlovic	Manager - hggp capital x, llc (relying adviser)	1 Dec 2015	Other	5657254
Llc Dekel Of Virginia	Member - hggp capital x, llc (relying adviser)	1 Dec 2015	Other	26-0810578
Llc Hgi Hggp Holdings	Member - hggp capital x, llc (relying adviser)	1 Dec 2015	Other	47-1285083
Jordan Eric Slone	Manager, member - hggp capital xi, llc (relying adviser)	1 May 2016	25% - 50%	5657101
Jr. Thomas Richard Litton	Manager, member - hggp capital xi, llc (relying adviser)	1 May 2016	Other	5657116
Saul (Nmn) Lubetski	Manager, member - hggp capital xi, llc (relying adviser)	1 May 2016	Other	2957577
Jay (Nmn) Zwiebel	Manager, member - hggp capital xi, llc (relying adviser)	1 May 2016	Other	5657120
Carla Ramey Stoner	Chief financial officer, member - hggp capital xi, llc (relying adviser)	1 May 2016	Other	5389173
Pinchas (Nmn) Mendlovic	Manager - hggp capital xi, llc (relying adviser)	1 May 2016	Other	5657254
Llc Dekel Of Virginia	Member - hggp capital xi, llc (relying adviser)	1 May 2016	Other	26-0810578
Llc Hgi Hggp Holdings	Member - hggp capital xi, llc (relying adviser)	1 May 2016	Other	47-1285083

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Pinchas (Nmn) Mendlovic	Shareholder	1 Dec 1981	25% - 50%	5657254
David Joel Zwiebel	Shareholder	1 Dec 1981	25% - 50%	5657258
Jordan Eric Slone	Shareholder	1 Feb 1993	50% - 75%	5657101
Harbor Group Israel (H.G.I.) Ltd.	Shareholder	1 Feb 1997	75% - 100%	foreign
Harbor Group Capital Corp.	Member	1 Aug 1998	25% - 50%	54-1679694
Llc Dekel Of Virginia	Member	1 Jul 2007	25% - 50%	26-0810578
Kamez Associates	Member	1 Jul 2007	50% - 75%	11-3618336
Bo Da Incorporated	Member	1 Jul 2007	25% - 50%	13-3932672
Jordan Eric Slone	Member, manager	1 Jan 2013	50% - 75%	5657101
Jordan Eric Slone	Member, manager	1 Jan 2014	50% - 75%	5657101
Sura Francis Katz	Shareholder	1 Oct 2015	25% - 50%	6625626

Based in Norfolk

The principal office where Harbor Group International, LLC performs its advisory services is located at 999 Waterside Drive, Norfolk, VA 23510, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 757-640-0800. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at harborgroupint.com.