DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

H• M••••••••• P•••••••• L••

Wealth manager with institutional or fund businessNew York, New YorkCRD 145480SEC 801-68501websiteIAPD
Latest filing Jun 26, 2026
First filing on the tape Feb 8, 2012 · 36 filings
SEC status approved since Oct 25, 2007
RAUM
$470M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
35%
$166M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$235M
derived; firm RAUM over IAPD count
Employees
9
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$470M as of Jun 26, 2026
Feb 8, 2012$886M then
HNW client RAUM$166M as of Jun 26, 2026
Mar 28, 2018$307M then
State-registered IARs (5.B.3)1 as of Jun 26, 2026
Feb 8, 20120 then
Employees (5.A)9 as of Jun 26, 2026
Mar 18, 201313 then
Private funds1 as of Mar 20, 2024
Mar 31, 20211 then
RAUM -70% over the last fiscal year-42% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Jun 26, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$235MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
17derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.0MderivedHNW RAUM over HNW clients
Average account
$8.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
41%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-70%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-25%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Charitable organizations$191M41%
  • High-net-worth individuals$166M35%
  • Pooled investment vehicles$74.2M16%
  • Corporations and businesses$38.3M8.2%
Individual clients
0reported
HNW clients
33reported
Pension plan clients
0reported
Charitable clients
10reported
Accounts
58reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.35 fund_share=0.16 institutional_share=0.41 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• G•• G••••••Chartered Financial AnalystGreenwich, Ct Jul 30, 202526 y0
H•••• W•••••• S••••••New York, Ny Jun 11, 202634 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H••• 0••Other Private Fund$25.3M0Mar 31, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • A•••••• D••••• A•••• · Member (Partner & Director Of Research)control
        since 10/2007 · owns 25% to 50%
      • C••••••• S•••••• •••• · Director Of Finance & Chief Administrative Officercontrol
        since 01/2024 · owns less than 5%
      • K••••• D••••••• A••••• · Chief Compliance Officercontrol
        since 11/2022 · owns less than 5%
      • N•••••• G••••••• A•••••• · Member (Partner, President & Investment Strategist)control
        since 10/2007 · owns 10% to 25%
      • S••••••• H••••• W•••••• · Managing Member (Partner & Chief Investment Officer)control
        since 06/2007 · owns 25% to 50%
      • D••••••• M•••• E••• · Director Of Operations
        since 01/2024 · owns less than 5%
      • N•••••• P••••• L••• · Director Of Client Service
        since 01/2024 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      New York, Ny · principal210
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      6 against comparable advisers; where to look, not conclusions
      • unusually large average accountStatic outlier · filing Jun 26, 2026
        RAUM per account of $8,101,531 against a peer median of $439,994 (5431 comparable advisers, 100.0th percentile, 5.2 robust deviations)
        peers: independent wealth managers, $100M to $500M (5,431) · 100% percentile
      • high institutional concentrationStatic outlier · filing Jun 26, 2026
        institutional share of RAUM of 41% against a peer median of 0% (5676 comparable advisers, 98.0th percentile, 13.6 robust deviations)
        peers: independent wealth managers, $100M to $500M (5,676) · 98% percentile
      • client mix shiftChange between filings · filing Apr 6, 2026
        private-client share of RAUM moved from 12.0% to 35.0% between the annual amendments of 2025-02-27 and 2026-04-06
        peers: independent wealth managers, $100M to $500M (5,676)
      • employee count dropChange between filings · filing Apr 6, 2026
        employees (Item 5.A) moved from 13.0 to 9.0 (-31.0%) between the annual amendments of 2025-02-27 and 2026-04-06; the peer median change was 0.0% (507 comparable advisers, 5.0th percentile of changes)
        peers: independent wealth managers, $100M to $500M (507) · 5.3% percentile
      • HNW share shiftChange between filings · filing Apr 6, 2026
        HNW share of RAUM moved from 11.0% to 35.0% between the annual amendments of 2025-02-27 and 2026-04-06
        peers: independent wealth managers, $100M to $500M (5,676)
      • RAUM down 50 %Change between filings · filing Apr 6, 2026
        RAUM (Item 5.F) moved from $1,547,896,594 to $469,888,792 (-70.0%) between the annual amendments of 2025-02-27 and 2026-04-06; the peer median change was +15.0% (4550 comparable advisers, 0.0th percentile of changes)
        peers: independent wealth managers, $100M to $500M (4,550) · 0.2% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 140 to 58
        Jul 30, 2025 to Mar 20, 2026
      • Advisory employees · 7 to 5
        Jul 30, 2025 to Mar 20, 2026
      • Advisory activities · 4 to 3
        Jul 30, 2025 to Mar 20, 2026
      • Charity clients · 59 to 10
        Jul 30, 2025 to Mar 20, 2026
      • Corporate clients · 13 to 9
        Jul 30, 2025 to Mar 20, 2026
      • HNW clients · 41 to 33
        Jul 30, 2025 to Mar 20, 2026
      • Individual clients · 3 to 0
        Jul 30, 2025 to Mar 20, 2026
      • Pension plan clients · 11 to 0
        Jul 30, 2025 to Mar 20, 2026
      • Pooled vehicle clients · 10 to 6
        Jul 30, 2025 to Mar 20, 2026
      • Employees · 13 to 9
        Jul 30, 2025 to Mar 20, 2026
      • Discretionary RAUM · $1.5B to $470M
        Jul 30, 2025 to Mar 20, 2026
      • HNW RAUM · $176M to $166M
        Jul 30, 2025 to Mar 20, 2026
      • Individual RAUM · $2.5M to $0
        Jul 30, 2025 to Mar 20, 2026
      • Pension RAUM · $186M to $0
        Jul 30, 2025 to Mar 20, 2026
      • Pooled vehicle RAUM · $131M to $74.2M
        Jul 30, 2025 to Mar 20, 2026
      • RAUM · $1.5B to $470M
        Jul 30, 2025 to Mar 20, 2026
      • Financial planning clients · unset to
        Feb 27, 2025 to Jul 30, 2025
      • Accounts · 264 to 140
        May 22, 2024 to Jan 30, 2025
      • Advisory employees · 8 to 7
        May 22, 2024 to Jan 30, 2025
      • Charity clients · 96 to 59
        May 22, 2024 to Jan 30, 2025
      • Corporate clients · 18 to 13
        May 22, 2024 to Jan 30, 2025
      • HNW clients · 95 to 41
        May 22, 2024 to Jan 30, 2025
      • Individual clients · 13 to 3
        May 22, 2024 to Jan 30, 2025
      • Pension plan clients · 16 to 11
        May 22, 2024 to Jan 30, 2025
      • Pooled vehicle clients · 24 to 10
        May 22, 2024 to Jan 30, 2025
      • Employees · 18 to 13
        May 22, 2024 to Jan 30, 2025
      • Private funds · 1 to unset
        May 22, 2024 to Jan 30, 2025
      • Discretionary RAUM · $2.4B to $1.5B
        May 22, 2024 to Jan 30, 2025
      • HNW RAUM · $309M to $176M
        May 22, 2024 to Jan 30, 2025
      • Individual RAUM · $11.8M to $2.5M
        May 22, 2024 to Jan 30, 2025
      • Pension RAUM · $245M to $186M
        May 22, 2024 to Jan 30, 2025
      • Pooled vehicle RAUM · $266M to $131M
        May 22, 2024 to Jan 30, 2025
      • RAUM · $2.4B to $1.5B
        May 22, 2024 to Jan 30, 2025
      • Accounts · 294 to 264
        Dec 18, 2023 to Mar 20, 2024
      • Charity clients · 94 to 96
        Dec 18, 2023 to Mar 20, 2024
      • HNW clients · 111 to 95
        Dec 18, 2023 to Mar 20, 2024
      • Pension plan clients · 17 to 16
        Dec 18, 2023 to Mar 20, 2024
      • Pooled vehicle clients · 31 to 24
        Dec 18, 2023 to Mar 20, 2024
      • Employees · 19 to 18
        Dec 18, 2023 to Mar 20, 2024
      • Discretionary RAUM · $2.4B to $2.4B
        Dec 18, 2023 to Mar 20, 2024
      Signals
      8 dated events
      • H• M••••••••• P•••••••• L•• reported RAUM $469.9M, down 70% from $1.5B (2025-07-30 to 2026-03-20)
        Mar 20, 2026 · RAUM change · derived
      • H• M••••••••• P•••••••• L•• reported RAUM $1.5B, down 35% from $2.4B (2024-05-22 to 2025-01-30)
        Jan 30, 2025 · RAUM change · derived
      • (Nmn) Sandra Coleman (Director Of Finance & Chief Administrative Officer) appeared on Schedule A of H• M••••••••• P•••••••• L••
        Mar 20, 2024 · Control person joined · fact
      • Howard Barton Buxbaum (Member (Partner, Chief Administrative Officer)) no longer on Schedule A of H• M••••••••• P•••••••• L•• (listed 2023-12-18, absent 2024-03-20)
        Mar 20, 2024 · Control person left · inference
      • H• M••••••••• P•••••••• L•• reported RAUM $2.4B, down 38% from $3.9B (2022-12-08 to 2023-03-16)
        Mar 16, 2023 · RAUM change · derived
      • Garrido Maite Macdonald (General Counsel) no longer on Schedule A of H• M••••••••• P•••••••• L•• (listed 2022-11-30, absent 2022-12-08)
        Dec 8, 2022 · Control person left · inference
      • Andrew Douglas Kamin (Chief Compliance Officer) appeared on Schedule A of H• M••••••••• P•••••••• L••
        Nov 30, 2022 · Control person joined · fact
      • Robert Ronald Staib (Chief Compliance Officer) no longer on Schedule A of H• M••••••••• P•••••••• L•• (listed 2022-03-31, absent 2022-11-30)
        Nov 30, 2022 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Business phone
      212-888-0060reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      212-888-0066reportedpublished by the firm, firm site, Sep 15, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/HS-MANAGEMENT-PARTNERS-LLCreportedpublic record, Form ADV, Sep 18, 2026
      Website
      HSMANAGE.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-888-0060reportedpublic record, Form ADV, Jun 26, 2026
      Team page
      hsmanage.com/our-teamreportedpublished by the firm, firm site, Sep 15, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $235Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026