Hcap Advisors LLC (New York)

Name: Hcap Advisors LLC
Address: 767 Third Avenue, New York, NY, 10017
Telephone: 212-906-3589

Hcap Advisors LLC is a large advisory firm based in New York. It manages $123.69 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2013.

Hcap Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hcap Advisors: assets under management

The assets under management (AUM) of Hcap Advisors LLC is $123.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 34% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $123.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $123.69 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hcap Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Richard Paul Buckanavage serves?

The only and largest group of clients of Richard Paul Buckanavage is business development companies with 1 clients and $123.69 million of assets under management. Among the 13 most similar advisory firms, Hcap Advisors has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $123.69 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Hcap Advisors doesn't advise any private funds.

Careers at Hcap Advisors LLC

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. No 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.

Richard Paul Buckanavage has been acting as President since 1 Oct 2012. William Edwin Alvarez joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Andrew Jolson	Ceo	1 Oct 2012	Other	734952
Richard Paul Buckanavage	President	1 Oct 2012	25% - 50%	4461711
Craig Robert Kitchin	Cco	1 Oct 2012	Other	2285504
Ryan Thomas Magee	Senior investment professional	1 Oct 2012	Other	6290145
Raymond Siva Jackson	Chief financial officer	1 Oct 2012	Other	5563363
Jmp Group Llc	Managing member	1 Oct 2012	50% - 75%	94-3326326
John Michael Magee	Senior investment professional	1 Oct 2012	Other	4080019
Jmp Holding Llc	Member	1 Jan 2015	50% - 75%	94-3326327
Renee Lefebvre	Cco	1 Aug 2016	Other	6050188
William Edwin Alvarez	Chief compliance officer	1 Apr 2018	Other	6952846

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jmp Group Inc.	Sole member	1 May 2007	75% - 100%	20-1450327
Jmp Group Llc	Sole shareholder	1 Jan 2015	75% - 100%	47-1632931

Based in New York

The principal office where Hcap Advisors LLC performs its advisory services is located at 767 Third Avenue, New York, NY 10017, 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 212-906-3589 or by fax N/A. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at harvestcapitalcredit.com.