Hudson Portfolio Management LLC (Garrison)

Hudson Portfolio Management LLC is a large advisory firm based in Garrison. It manages $114.4 million of regulatory assets for 239 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of New Hampshire, New Jersey, New York, and Texas.

Hudson Portfolio Management provides portfolio management for individuals and small businesses and hourly or fixed fee non-management advisory services. portfolio management for charitable and non-profit entities.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hudson Portfolio Management: assets under management

The assets under management (AUM) of Hudson Portfolio Management LLC is $114.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 275% since the beginning of its operation, and $5.8 million of the total AUM is attributable to clients outside of the United States.

The firm manages $114.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $478.66 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment and business development companies, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hudson Portfolio Management LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Hudson Portfolio 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 Hudson Portfolio Management is high net worth individuals with 38 clients and $98.7 million of assets under management. Among the 9 most similar advisory firms, Hudson Portfolio Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $114.4 million for 84 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Hudson Portfolio Management doesn't advise any private funds.

Careers at Hudson Portfolio Management LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Byron Schoendorf Stinson	Managing member	1 Dec 2003	75% - 100%	4743093
Toyken Yee	Chief financial officer	1 Mar 2008	Other	5437888
Brett Makoto Watanabe	Chief compliance officer	1 Jan 2012	Other	6046451

Based in Garrison

The principal office where Hudson Portfolio Management LLC performs its advisory services is located at 27 Garrison's Landing, Garrison, NY 10524 0344 The mailing address of the firm is P.O. Box 344, Garrison, NY 10524 0344. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 845-424-4567 or by fax 845-424-8327. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.