Huber Capital Management LLC (El Segundo)

Name: Huber Capital Management LLC
Address: 2321 Rosecrans Ave., Suite 3245, El Segundo, CA, 90245 4948
Telephone: 310-207-8400

Huber Capital Management LLC is a large advisory firm based in El Segundo. It manages $1.16 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California and New York.

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

Huber Capital Management: assets under management

The assets under management (AUM) of Huber Capital Management LLC is $1.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 231627% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.16 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $52.67 million each.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Huber Capital Management LLC for their services and products based on a percentage of assets under management. 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 Huber Capital Management serves?

The firm provides services to investment companies and pension and profit sharing plans. The largest group of clients of Huber Capital Management is pension and profit sharing plans with 9 clients and $301.69 million of assets under management. Among the 9 most similar advisory firms, Huber Capital Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $449.75 million for 14 clients. None of the firm’s clients are foreign persons or businesses.

Huber Capital Management doesn't advise any private funds.

Careers at Huber Capital Management LLC

The company employs 11 people that are either part- or full-time employees. 55 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph R. Huber	Managing member, director, chief executive officer, chief investment officer	1 Feb 2007	Other	2953229
Joseph Robert Huber	Principal and director, chief executive officer, chief investment officer	1 Feb 2007	Other	2953229
Joseph Huber	Managing member	1 Feb 2007	75% - 100%	2953229
Gary E Thomas	Principal and director, chief operating officer, chief compliance officer	1 Mar 2007	Other	2811032
Gary Eugene Thomas	Principal and director, chief operating officer, chief compliance officer	1 Mar 2007	Other	2811032
Gary D. Steiner	Principal, portfolio manager	1 Apr 2007	Other	2075605
Emidio A. Checcone	Principal, portfolio manager	1 Apr 2007	Other	5377844
Jrh Enterprises Inc.	Owner	1 Jan 2013	75% - 100%	80-0877181
Huber Capital Holdings Llc	Owner	1 Jun 2015	75% - 100%	47-1397510

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Joseph R. Huber	Owner	1 Dec 2012	75% - 100%	2953229
Joseph Robert Huber	Owner	1 Dec 2012	75% - 100%	2953229
Jrh Enterprises Inc.	Owner	1 Jun 2015	75% - 100%	80-0877181

Based in El Segundo

The principal office where Huber Capital Management LLC performs its advisory services is located at 2321 Rosecrans Ave., Suite 3245, El Segundo, CA 90245 4948, 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 310-207-8400 or by fax 310-818-4800. The normal business hours are 6:30 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at hubercap.com.