Halifax Investment Management, L.L.C. (Washington)

Name: Halifax Investment Management, L.L.C.
Address: 1133 Connecticut Avenue, Nw, Washington, DC, 20036
Telephone: 202-530-8300

Halifax Investment Management, L.L.C. is a large advisory firm based in Washington. It manages $883.69 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of District of Columbia, North Carolina, and Texas.

Halifax Investment Management, L.L.C provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Halifax Investment Management, L.L.C: assets under management

The assets under management (AUM) of Halifax Investment Management, L.L.C. is $883.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 192% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $883.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $73.64 million each.

Halifax Investment Management, L.L.C has custody of $328.68 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Halifax Investment Management, L.L.C. 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.

What kind of clients Halifax Investment Management, L.L.C serves?

The only and largest group of clients of Halifax Investment Management, L.L.C is pooled investment vehicles with 5 clients and $883.69 million of assets under management. Among the 12 most similar advisory firms, Halifax Investment Management, L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $883.69 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Halifax Investment Management, L.L.C also advises several private funds. Namely, twelve private equity funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Halifax Investment Management, L.L.C.

The company employs 20 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. No 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 Wright Dupree	Managing director and ceo	1 Mar 2004	Other	1180421
Kenneth M Doyle	Managing director and vp	1 Mar 2004	Other	5809089
Brent David Williams	Managing director and vp	1 Mar 2004	Other	2507744
Michael T. Marshall	Chief financial officer, chief compliance officer and secretary	1 Mar 2004	Other	5809097
L.L.C. The Halifax Group	Sole member	1 Mar 2004	75% - 100%	54-2117185
Scott Plumridge	Partner	1 Feb 2016	Other	6775855
Christopher Charles Cathcart	Partner	1 Feb 2016	Other	5172195
Scott Ryan Vanduinen	Partner	1 Feb 2016	Other	2780803

Based in Washington

The principal office where Halifax Investment Management, L.L.C. performs its advisory services is located at 1133 Connecticut Avenue, Nw, Washington, DC 20036, which is also the mailing address of the firm. An additional office of the firm is in Raleigh, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-530-8300 or by fax 202-296-7133. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at thehalifaxgroup.com.