Hardwood Natural Resources Group, LLC (Chapel Hill)

Name: Hardwood Natural Resources Group, LLC
Address: 1512 East Franklin Street,, Chapel Hill, NC, 27514 2816
Telephone: 919-929-2497

Hardwood Natural Resources Group, LLC is an adviser based in Chapel Hill. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of North Carolina.

Hardwood Natural Resources Group 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.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hardwood Natural Resources Group, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hardwood Natural Resources Group serves?

The only and largest group of clients of Hardwood Natural Resources Group is pooled investment vehicles with 1 clients and $0 of assets under management. Among the 2 most similar advisory firms, Hardwood Natural Resources Group has the highest percentage of pooled investment vehicles out of all clients.

None of the firm’s clients are foreign persons or businesses.

Hardwood Natural Resources Group also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $3,000,000 for each fund.

Careers at Hardwood Natural Resources Group, LLC

The company employs 22 people that are either part- or full-time employees. 91 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
Kendall Partners Llc	Member	1 Jan 2018	25% - 50%	13-0119870
Hunter R. Jenkins	Managing director; manager (09/2017)	1 Jan 2018	Other	6887561
Michael A. Hincher	Senior vice president - forest operations	1 Jan 2018	Other	6887565
Linwood C. Thornton	Senior vice president and chief financial officer; manager (09/2017)	1 Jan 2018	Other	6887582
Kaarsten Turner Dalby	Senior vice president - ecological services	1 Jan 2018	Other	1967458
Alex J. Finkral	Chief forester	1 Jan 2018	Other	6887585
Benjamin R. Tarbutton	Vice president - investor relations	1 Jan 2018	Other	6887589
C. Glenn Wallace	Senior director of risk management and taxation; chief compliance officer	1 Jan 2018	Other	6887592
Erika M. Viall	Chief accounting officer	1 Jan 2018	Other	6887599
Valerie Holt Leary	Financial reporting director	1 Jan 2018	Other	6887603
Llc Hardwood Resources Partners	Member	1 Jan 2018	50% - 75%	82-3568837
F. Christian Zinkhan	Chairman; manager (09/2017)	1 Jul 2018	Other	6887556
Blake H. Stansell	Chief executive officer and president; managing director (01/2018); manager (09/2017)	1 Jul 2018	Other	6887579

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Kendall Family Investments	Member	1 Jan 2018	75% - 100%	30-0119870
Louis Moore Bacon	Member	1 Jan 2018	75% - 100%	1243305
F. Christian Zinkhan	Manager	1 Jan 2018	Other	6887556
Blake H. Stansell	Manager	1 Jan 2018	Other	6887579

Based in Chapel Hill

The principal office where Hardwood Natural Resources Group, LLC performs its advisory services is located at 1512 East Franklin Street,, Chapel Hill, NC 27514 2816 The mailing address of the firm is P.O. Box 9162, Chapel Hill, NC 27515 9162. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 919-929-2497 or by fax (919) 929-8265. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at forestlandgroup.com.