Hayek Kallen Investment Management L.L.C. (Fairhope)

Name: Hayek Kallen Investment Management L.L.C.
Address: 50 South Church Street, Fairhope, AL, 36532 2350
Telephone: 251-928-8999

Hayek Kallen Investment Management L.L.C. is a large advisory firm based in Fairhope. It manages $285.69 million of regulatory assets for 223 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 6 other states.

Hayek Kallen Investment Management L.L.C provides portfolio management for individuals and small businesses and 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.

Hayek Kallen Investment Management L.L.C: assets under management

The assets under management (AUM) of Hayek Kallen Investment Management L.L.C. is $285.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 165% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $285.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.28 million each.

Investments

The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hayek Kallen Investment Management L.L.C. for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Hayek Kallen Investment Management L.L.C serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Hayek Kallen Investment Management L.L.C is individuals with 210 clients and $226.99 million of assets under management. Among the 8 most similar advisory firms, Hayek Kallen Investment Management L.L.C has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $284.05 million for 221 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.

Hayek Kallen Investment Management L.L.C doesn't advise any private funds.

Careers at Hayek Kallen Investment Management L.L.C.

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Fredrick Steven Hayek	Member	1 Jan 1999	50% - 75%	1037009
Eric Oaks Kallen	Member	1 Jan 2003	75% - 100%	2719419
Margaret S Allison	Chief compliance officer	1 Jan 2010	Other	4953581
Marc Andrew Smith	Member	1 Jan 2011	Other	4840338
Ransome Spottswood Foose	Member	1 May 2012	Other	4841321

Based in Fairhope

The principal office where Hayek Kallen Investment Management L.L.C. performs its advisory services is located at 50 South Church Street, Fairhope, AL 36532 2350, which is also the mailing address of the firm. An additional office of the firm is in Charlottesville, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 251-928-8999 or by fax (888) 434-5159. The normal business hours are 9:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at hayekkallen.com/.