Halbert Hargrove Global Advisors, LLC is a large advisory firm based in Long Beach. It manages $2.34 billion of regulatory assets for 3,609 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Colorado, and 10 other states.
Halbert Hargrove Global Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and investment consulting. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Halbert Hargrove Global Advisors, LLC is $2.34 billion. The firm's AUM has grown by 41% 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 Halbert Hargrove Global Advisors, LLC 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of John Carlos Abusaid is high net worth individuals with 709 clients and $1.42 billion of assets under management. Among the 8 most similar advisory firms, Halbert Hargrove Global Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.28 billion for 1,213 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Halbert Hargrove Global Advisors doesn't advise any private funds.
The company employs 44 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. 33 employees are registered as investment adviser representatives with the state securities authorities.
There are 8 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
John Carlos Abusaid has been acting as President since 1 Jan 2011. Cecilia Townsley Williams joined the executive team most recently as the Chief Compliance Officer.
The principal office where Halbert Hargrove Global Advisors, LLC performs its advisory services is located at 111 West Ocean Boulevard, Long Beach, CA 90802 7908 The mailing address of the firm is P.O. Box 1070, Long Beach, CA 90801 9931. An additional office of the firm is in San Diego, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 562-435-5657 or by fax 562-435-0774. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at halberthargrove.com.