Hester Capital Management LLC (Austin)

Name: Hester Capital Management LLC
Address: 1301 S. Mopac Expressway, Austin, TX, 78746
Telephone: 512-474-6657

Hester Capital Management LLC is a large advisory firm based in Austin. It manages $1.55 billion of regulatory assets for 538 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New Mexico and Texas.

Hester Capital Management 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.

Hester Capital Management: assets under management

The assets under management (AUM) of Hester Capital Management LLC is $1.55 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 119% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.55 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.88 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hester Capital Management 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.

Careers at Hester Capital Management LLC

James Richard Huffines has been acting as President since 1 Oct 1997. Joy R. Roberts joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Richard Huffines	Director	1 Oct 1997	Other	2078775
John E Gunthorp	Executive vice president	1 Oct 1997	Other	1846418
Stanley Mark Powell	Director	1 Oct 1997	Other	1322032
Jack Allen Griggs	Director	1 Oct 1997	Other	4377891
Peter T. Flawn	Director	1 Oct 1997	Other	4377913
Ira Hester	President & ceo	1 Oct 1997	Other	1975876
Glenn Biggs	Director	1 Oct 1997	Other	4379330
Boone Powell	Shareholder	1 Oct 1997	Other	4379334
Inc. Morgan Asset Management	Shareholder	1 Oct 1997	50% - 75%	62-1277223
Ltd. Pbhc Partners	Shareholder	1 Oct 1997	25% - 50%	74-2859550
Ira Craig Hester	President & ceo, director	1 Oct 1997	Other	1975876
Joy R. Roberts	Senior vice president	1 Nov 1997	Other	4377865
Stephen Brent Wilde	Executive vice president	1 Feb 1999	Other	466833
Edward M. Glass	Executive vice president	1 Feb 1999	Other	4377917
Frederick Labatt	Senior vice president	1 Jul 1999	Other	2821800
Garrett Harry Jamison	Executive vice president & director	1 Oct 2001	Other	2369060
Plains Capital Corporation	Shareholder	1 Oct 2001	Other	75-2182440
Alan B. White	Director	1 Oct 2001	Other	4515971
Joy R. Roberts	Executive vice president & coo, director	1 Nov 2003	Other	4377865
Joy R. Roberts	Chief compliance officer	1 Oct 2004	Other	4377865

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Morgan Keegan	Owner	1 Oct 1997	75% - 100%	62-1153850
Inc. Mk Holding	Owner	1 Mar 2001	75% - 100%	00-0000000
Regions Financial Corporation	Owner	1 Mar 2001	75% - 100%	63-0371391

Based in Austin

The principal office where Hester Capital Management LLC performs its advisory services is located at 1301 S. Mopac Expressway, Austin, TX 78746, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-474-6657 or by fax 512-474-5740. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at www.hestercapital.com.