Hw Capital LLC (Santa Monica)

Hw Capital LLC is a large advisory firm based in Santa Monica. It manages $290.36 million of regulatory assets for 30 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Hw Capital provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hw Capital: assets under management

The assets under management (AUM) of Hw Capital LLC is $290.36 million. $290.36 million of the total AUM is attributable to clients outside of the United States.

Investments

The firm invests in exchange traded securities the most. They account for 27% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in state and local bonds form 19% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hw Capital LLC for their services and products based on 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 Hw Capital serves?

The only and largest group of clients of Hw Capital is high net worth individuals with 4 clients and $290.36 million of assets under management. Among the 11 most similar advisory firms, Hw Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $290.36 million for 4 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.

Hw Capital doesn't advise any private funds.

Careers at Hw Capital 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. 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
Paul Galarneaux Haaga Iii	Chief compliance officer	1 Aug 2018	50% - 75%	6232784
Brian Weissert	Managing partner	1 Aug 2018	50% - 75%	7021540

Based in Santa Monica

The principal office where Hw Capital LLC performs its advisory services is located at 1437 7 Th Street, Santa Monica, CA 90401, 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 818-489-3073. The normal business hours are 8am - 5pm on Monday - Friday.