Hanseatic Management Services Inc is a large advisory firm based in Albuquerque. It manages $100.2 million of regulatory assets for 104 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Iowa, New Mexico, Texas, and Wisconsin.
Hanseatic Management Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and model portfolio provider. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Hanseatic Management Services Inc is $100.2 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Hanseatic Management Services Inc for their services and products based on a percentage of assets under management and 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.
The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Harry (Ed) Meihaus is pension and profit sharing plans with 1 clients and $66.1 million of assets under management. Among the 10 most similar advisory firms, Hanseatic Management Services has the 2nd highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $100.2 million for 104 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.
Hanseatic Management Services doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 receive compensation from other entities for client referrals.
Harry (Ed) Meihaus has been acting as President since 1 Jan 2012. Karen Lynn Caldwell joined the executive team most recently as the President.
The principal office where Hanseatic Management Services Inc performs its advisory services is located at 5600 Wyoming Ne, Albuquerque, NM 87109, 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 505-828-2824 or by fax 505-828-2825. The normal business hours are 7am-4pm on Monday - Friday. You can find more information about the New York firm at hanseaticgroup.com.