Hearthstone, A California Corporation (Calabasas)

Name: Hearthstone, A California Corporation
Address: 24151 Ventura Blvd., Calabasas, CA, 91302
Telephone: 818-385-0005

Hearthstone, A California Corporation is a large advisory firm based in Calabasas. It manages $600 million of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Hearthstone, A California Corporation provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and real estate investment. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hearthstone, A California Corporation: assets under management

The assets under management (AUM) of Hearthstone, A California Corporation is $600 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $600 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30 million each.

Hearthstone, A California Corporation has custody of $15.96 million in cash and securities for 41 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hearthstone, A California Corporation for their services and products based on a percentage of assets under management and performance-based fees. 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 Hearthstone, A California Corporation

Mark Allan Porath has been acting as President since 1 Dec 1994. Stephanie Pugash joined the executive team most recently as the Director/Trustee.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Zachary Pugash	Director/ceo	1 Aug 1992	75% - 100%	1388612
James K Griffin	Director/svp	1 Aug 1992	Other	4381163
Tracy Thompson Carver	Director/general counsel	1 Sep 1993	Other	4381161
Mark Allan Porath	Director/cfo	1 Dec 1994	Other	4381160
Anthony Botte	Senior vice president	1 May 1995	Other	4928695
Thomas G Bruin	Director/president	1 Aug 1995	Other	4381162
Jeffrey Scott Barcy	Director/evp	1 Oct 2005	Other	2172259
Marcus Buerosse	Director/coo	1 Jan 2006	Other	5313722
Bryan Bailey	Director	1 Mar 2006	Other	5313730
Rick Van Duzer	Director	1 Mar 2006	Other	5313734
Steve Black	Director	1 Mar 2006	Other	5313736
Hamilton Loeb	Director/trustee	1 Mar 2006	Other	5313738
Pugash 2006 Administrative Trust	Trust	1 Sep 2006	75% - 100%	20-7091720
Stephanie Pugash	Director/trustee	1 Dec 2006	Other	5313731

Based in Calabasas

The principal office where Hearthstone, A California Corporation performs its advisory services is located at 24151 Ventura Blvd., Calabasas, CA 91302, which is also the mailing address of the firm. An additional office of the firm is in Solana Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 818-385-0005 or by fax 818-385-0310. The normal business hours are 8 am - 6 pm on Monday - Friday. You can find more information about the New York firm at www.hearthstone.com.