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.
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 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.
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.
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.
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.