Haddington Ventures, LLC (Houston)

Name: Haddington Ventures, LLC
Address: 2603 Augusta, Houston, TX, 77057 5798
Telephone: 713-532-7992

Haddington Ventures, LLC is a large advisory firm based in Houston. It manages $433.15 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Texas.

Haddington Ventures 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.

Haddington Ventures: assets under management

The assets under management (AUM) of Haddington Ventures, LLC is $433.15 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $433.15 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.63 million each.

Haddington Ventures has custody of $416.71 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 Haddington Ventures, 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 Haddington Ventures serves?

The only and largest group of clients of Haddington Ventures is pooled investment vehicles with 5 clients and $433.15 million of assets under management. Among the 9 most similar advisory firms, Haddington Ventures has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $433.15 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Haddington Ventures also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $10,000,000.

Careers at Haddington Ventures, LLC

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. No 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Christopher Jones	Managing director and managing member	1 Aug 1998	25% - 50%	6020847
John A Strom	Managing director and managing member	1 Aug 1998	25% - 50%	6020849
Michael Scott Jones	Managing director and managing member	1 Oct 2000	Other	6020851
John Joseph Canning	Chief compliance officer	1 Nov 2013	Other	2372442
Syedumar Faisal Ehtisham	Chief compliance officer	1 Apr 2015	Other	5255031
Joseph Julian Scavetti	Chief compliance officer	1 May 2018	Other	2275422

Based in Houston

The principal office where Haddington Ventures, LLC performs its advisory services is located at 2603 Augusta, Houston, TX 77057 5798, 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 713-532-7992 or by fax 713-532-9922. The normal business hours are 9:00 a - 5:00 p ct on Monday - Friday. You can find more information about the New York firm at hvllc.com.