Hunter Associates Investment Management LLC (Pittsburgh)

Name: Hunter Associates Investment Management LLC
Address: 436 Seventh Avenue, Pittsburgh, PA, 15219 1818
Telephone: 412-471-4191

Hunter Associates Investment Management LLC is a large advisory firm based in Pittsburgh. It manages $612.43 million of regulatory assets for 944 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Florida, and 12 other states.

Hunter Associates Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and manager of managers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hunter Associates Investment Management: assets under management

The assets under management (AUM) of Hunter Associates Investment Management LLC is $612.43 million. The firm's AUM has grown by 7% since the beginning of its operation, and $32.1 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $609.37 million in discretionary accounts and $3.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $649.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $510.92 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hunter Associates Investment Management LLC for their services and products based on a percentage of assets under management and fixed 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.

What kind of clients Hunter Associates Investment Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Hunter Associates Investment Management is high net worth individuals with 120 clients and $444.13 million of assets under management. Among the 8 most similar advisory firms, Hunter Associates Investment Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $611.19 million for 481 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.

Hunter Associates Investment Management doesn't advise any private funds.

Careers at Hunter Associates Investment Management LLC

The company employs 11 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 10 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
Bradley John Marshall	Cfo, cco, treasurer, director	1 Jul 1992	Other	2047270
Robert Spittal Iii Mcculloch	Vice president,director	1 Jun 2011	Other	730963
Erica Lynn Snyder	President,ceo,director	1 Apr 2013	Other	3075140
Llc Hunter Associates Holdings	Common equity member	1 Jan 2016	75% - 100%	47-5651088
Susan Elizabeth Hunter	Preference equity member	1 Jan 2016	25% - 50%	1202041
Mary Clark Hunter	Preference equity member	1 Jan 2016	25% - 50%	2587314
Crock Hunter	Preference equity member	1 Jan 2016	Other	2527379

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. H.A. Holdings	Member	1 Jan 2016	25% - 50%	25-1681448

Based in Pittsburgh

The principal office where Hunter Associates Investment Management LLC performs its advisory services is located at 436 Seventh Avenue, Pittsburgh, PA 15219 1818, which is also the mailing address of the firm. An additional office of the firm is in Salem, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 412-471-4191 or by fax 412-471-2993. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at hunterassociates.com.