Cable Hill Partners, LLC (Portland)


Cable Hill Partners, LLC is a large advisory firm based in Portland. It manages $708.33 million of regulatory assets for 2,037 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, California, Oregon, Texas, and Washington.

Cable Hill Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cable Hill Partners: assets under management

The assets under management (AUM) of Cable Hill Partners, LLC is $708.33 million. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $610.32 million in discretionary accounts and $98.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $307.62 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.85 million.
Cable Hill Partners has custody of $444.09 million in cash and securities for 1,159 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is investment and business development companies, which make up 18% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cable Hill Partners, 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 Cable Hill Partners serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Cable Hill Partners is high net worth individuals with 262 clients and $528.12 million of assets under management. Among the 11 most similar advisory firms, Cable Hill Partners has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $708.33 million for 576 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.

Cable Hill Partners doesn't advise any private funds.

Careers at Cable Hill Partners, LLC

The company employs 17 people that are either part- or full-time employees. 76 percent of the employees work as investment advisers or researchers. 12 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
David Brian Christian Managing member, founding partner, managing director 1 Feb 2014 50% - 75% 2227429
Jeffrey Clark Krum Member, founding partner, chief investment officer 1 Feb 2014 25% - 50% 1248966
Brian Michael Hefele Member, founding partner 1 Feb 2014 Other 2602465
Susan Alberta Watson Director of operations, chief compliance officer 1 Jan 2017 Other 6761958

Based in Portland

The principal office where Cable Hill Partners, LLC performs its advisory services is located at 1155 Sw Morrison Street, Portland, OR 97205, 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 (888) 313-0417 or by fax (503) 765-1224. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at cablehill.com/.