Hallador Investment Advisors, Inc. (Incline Village)


Hallador Investment Advisors, Inc. is a large advisory firm based in Incline Village. It manages $245 million of regulatory assets for 35 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Delaware and Nevada.

Hallador Investment Advisors provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hallador Investment Advisors: assets under management

The assets under management (AUM) of Hallador Investment Advisors, Inc. is $245 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $245 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7 million each.
Hallador Investment Advisors has custody of $245 million in cash and securities for 35 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 50% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hallador Investment Advisors, Inc. for their services and products based on a percentage of assets under management and performance-based 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 Chris Latour Branscum serves?

The firm provides services to investment companies, high net worth individuals, and corporations or other businesses. The largest group of clients of Chris Latour Branscum is investment companies with 4 clients and $231 million of assets under management. Among the 9 most similar advisory firms, Hallador Investment Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $245 million for 35 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.

Hallador Investment Advisors also advises several private funds. Namely, one hedge fund, one liquidity fund, and two other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.

Careers at Hallador Investment Advisors, Inc.

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 2 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.

Chris Latour Branscum has been acting as President since 1 Oct 2010. Kevin Daniel Leary joined the executive team most recently as the Cfo, Cco, Analyst.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Clyde Hardie Chief executive officer / executive chairman of the board 1 May 2004 50% - 75% 1340773
Steven Robert Hardie Vice chairman 1 May 2004 50% - 75% 1473819
Stephen Chanecka Chief compliance officer 1 Mar 2005 Other 5187743
Stephen R. Chanecka Chief compliance officer 1 Mar 2005 Other 5187743
Ryan Peter Ritchie Vice president of investments 1 Jul 2010 Other 5862307
Jason Allyn Green Vice president of finance / chief compliance officer 1 Jul 2010 Other 5862324
Chris Latour Branscum President/ chief operating officer / chief compliance officer 1 Oct 2010 Other 1340695
Kevin Daniel Leary Cfo, cco, analyst 1 Jun 2015 Other 6555053

Based in Incline Village

The principal office where Hallador Investment Advisors, Inc. performs its advisory services is located at 940 Southwood Blvd., Incline Village, NV 89451, 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 775-548-1730 or by fax 775-548-1740. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.