Hb Asset Management, L.C. (Miami)


Hb Asset Management, L.C. is a large advisory firm based in Miami. It manages $188.95 million of regulatory assets for 159 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Florida.

Hb Asset Management, L.C provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and consolidation services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hb Asset Management, L.C: assets under management

The assets under management (AUM) of Hb Asset Management, L.C. is $188.95 million. The firm's AUM has grown by 89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $139.96 million in discretionary accounts and $48.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $662.08 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hb Asset Management, L.C. 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.

Careers at Hb Asset Management, L.C.

Raul Henriquez has been acting as President since 1 Nov 1998. Sara Roxana Silva Henriquez joined the executive team most recently as the Co Trustee.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Raul Henriquez President 1 Nov 1998 25% - 50% 1647412
Lc Hencorp Becstone Member 1 Jan 1999 75% - 100% 65-0886251
Gerald Arthur Wood Chief financial officer 1 Jan 2000 Other 4218274
Helen Lumpuy Chief opeartions officer 1 Sep 2000 Other 2268626
Bernard C Javelly Vice-president sales 1 Apr 2001 Other 1447093
Helen Lumpuy Chief compliance officer 1 Dec 2005 Other 2268626
Fhh Corp. Member 1 Dec 2006 Other 20-1095185
Guillermo Enrique Vernet Managing director 1 Aug 2010 Other 2748034
Juan Carlos Minana Investment officer 1 Jan 2011 Other 2392354
Manuel Patricio Munoz Chief compliance officer 1 Oct 2011 Other 2480296
Beatriz Gutierrez Junco Chief compliance officer 1 Oct 2012 Other 6122419
Rhh Financial Group Member 1 Feb 2017 75% - 100% 81-4894533

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
Raul Henriquez Shareholder 1 Apr 1985 50% - 75% 1647412
Victor Manuel Henriquez Shareholder 1 Apr 1985 50% - 75% 702954
Inc. Hencorp Member 1 Sep 1991 50% - 75% 59-2570891
Victor Henriquez Revocable Trust Member 1 Dec 2005 75% - 100% xxx-xx-xxxx
Raul Henriquez Revocable Trust Member 1 Dec 2005 75% - 100% xxx-xx-xxxx
Llc V Henriquez Holdings Shareholder 1 Jan 2006 50% - 75% 20-5511384
Llc R Henriquez Holdings Shareholder 1 Jan 2006 50% - 75% 22-3931478
Raul Henriquez Trustee 1 Dec 2006 Other 1647412
Rh Revocable Trust Member 1 Dec 2006 75% - 100% xxx-xx-xxxx
Sara Roxana Silva Henriquez Co-trustee 1 Feb 2017 Other 6759348
Rh Children's Trust Member 1 Feb 2017 25% - 50% xxx-xx-xxxx
Llc R Henriquez Holdings Shareholder 1 Feb 2017 75% - 100% 22-3931478

Based in Miami

The principal office where Hb Asset Management, L.C. performs its advisory services is located at 777 Brickell Avenue, Miami, FL 33131, 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 305-373-9000 or by fax 305-373-2946. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at hencorp.com.

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