Harvest Investment Consultants LLC (Hunt Valley)

Name: Harvest Investment Consultants LLC
Address: 4 North Park Drive, Hunt Valley, MD, 21030
Telephone: 410-561-9040

Harvest Investment Consultants LLC is a large advisory firm based in Hunt Valley. It manages $313.46 million of regulatory assets for 1,574 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Delaware, District of Columbia, Florida, and 8 other states.

Harvest Investment Consultants provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Harvest Investment Consultants: assets under management

The assets under management (AUM) of Harvest Investment Consultants LLC is $313.46 million. The firm's AUM has grown by 109% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $301.89 million in discretionary accounts and $11.56 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $192.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.78 million.

Investments

The firm invests in investment and business development companies the most. They account for 58% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in exchange traded securities form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Harvest Investment Consultants LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Harvest Investment Consultants serves?

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 Harvest Investment Consultants is individuals with 823 clients and $144.68 million of assets under management. Among the 8 most similar advisory firms, Harvest Investment Consultants has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $313.46 million for 961 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.

Harvest Investment Consultants doesn't advise any private funds.

Careers at Harvest Investment Consultants LLC

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 4 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
Stephen Samuel Duklewski	Managing member/chief compliance officer	1 Jan 2006	75% - 100%	823590
Douglas Edward Jones	Member/director of operations	1 Jan 2008	Other	2551604
Donna Marie Zidwick	Member/director of fixed income	1 Apr 2016	Other	5592177
Michael Jason Meily	Managing member and chief compliance officer	1 Jan 2017	75% - 100%	3168526

Based in Hunt Valley

The principal office where Harvest Investment Consultants LLC performs its advisory services is located at 4 North Park Drive, Hunt Valley, MD 21030, 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 410-561-9040 or by fax 410-560-0954. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at harvestinvestment.com.