Harvest Volatility Management, LLC (New York)

Name: Harvest Volatility Management, LLC
Address: 420 Lexington Avenue, New York, NY, 10170
Telephone: 646-843-4802

Harvest Volatility Management, LLC is a large advisory firm based in New York. It manages $10.51 billion of regulatory assets for 1,184 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 44 other states.

Harvest Volatility Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Harvest Volatility Management: assets under management

The assets under management (AUM) of Harvest Volatility Management, LLC is $10.51 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 17135% since the beginning of its operation, and $22.36 million of the total AUM is attributable to clients outside of the United States.

The firm manages $10.51 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.88 million each.

Investments

The firm invests in derivatives the most. They account for 96% of the total AUM. The second-largest asset type is exchange traded securities, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Harvest Volatility Management, LLC 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 Harvest Volatility Management serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Harvest Volatility Management is high net worth individuals with 1,014 clients and $7.72 billion of assets under management. Among the 11 most similar advisory firms, Harvest Volatility Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $10.51 billion for 1,184 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 Volatility Management also advises several private funds. Namely, one hedge fund and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Harvest Volatility Management, LLC

The company employs 19 people that are either part- or full-time employees. 95 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 25 people 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.

Laurel T Mason joined the executive team most recently as the Chief Compliance Officer, General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Curtis Francis Brockelman	Managing member, chief compliance officer	1 Mar 2008	25% - 50%	2075676
Richard Lee Selvala	Chief executive officer	1 Jun 2008	25% - 50%	2521488
Mark Richard Merritt	Chief financial officer	1 Mar 2011	Other	2797324
Alisa Brockelman 2012 Family Trust	Member	1 Dec 2012	Other	12-5505400
Perch Bay Group Llc	Member	1 Apr 2013	Other	20-0087245
Allan Nmn Kennedy	Chief marketing officer	1 Jun 2013	Other	3253704
Patrick Joseph Clough	Chief financial officer	1 Mar 2015	Other	4854823
Lp Lpc Harvest	Member	1 Mar 2016	Other	81-1385776
Garrett Keith Paolella	Chief operating officer	1 Jun 2018	Other	5348547
Laurel T Mason	Chief compliance officer, general counsel	1 Aug 2019	Other	5481876

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Curtis Francis Brockelman	Managing member	1 Jul 2003	75% - 100%	2075676
Adam Michael Guren	Trustee	1 Dec 2012	Other	4792853
Llc Lpc Harvest Gp	General partner	1 Mar 2016	Other	81-1357058
John Hancock Life Insurance Co Usa	Limited partner	1 Mar 2016	25% - 50%	01-0233346

Based in New York

The principal office where Harvest Volatility Management, LLC performs its advisory services is located at 420 Lexington Avenue, New York, NY 10170, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-843-4802 or by fax 646-843-4800. The normal business hours are 08:00-18:00 on Monday - Friday. You can find more information about the New York firm at harvestvolatilitymanagement.com.