Horizon Kinetics Asset Management LLC

RIASEC RegisteredEst. 1994
Total AUM
$9.6B
Discretionary
$9.5B
98% of AUM
Avg account
$4.3M
Accounts
2,223
Employees
80
Advisory reps
6

Firm details

Headquarters
New York, New York
CRD number
106096
Registered since
September 23, 1994
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Subscription Fees, Fixed Fees, Performance Based Fees
Client types
  • Investment Companies39.27%
  • HNWI26.63%
  • Pooled Investment Vehicles20.92%
  • Corporations / Businesses11.74%
  • Pension & Profit Sharing Plans1.17%
Services
Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPublication of Periodicals

Firm profile

FINTRX

Overview

Horizon Kinetics Asset Management LLC is an SEC-registered investment manager organized as an LLC and operating since 1994. The firm functions as a multifaceted fund manager with both hedge fund and private equity activities. Its client mix includes high-net-worth individuals and families alongside institutional investors. Horizon Kinetics charges a mix of fees — asset-based management fees, fixed and subscription arrangements, and performance-linked fees — and provides portfolio management across individuals/small businesses, pooled vehicles, investment companies, and institutional/business accounts. The firm also publishes periodicals or newsletters as part of its advisory activities. Horizon Kinetics is not characterized as an ESG-focused investor and is not newly formed or a multi-state adviser per the reported data. It has industry affiliations that extend beyond pure advisory work: the firm is connected to a broker-dealer, functions as another type of registered investment adviser in certain capacities, and acts as sponsor, general partner or managing member of pooled investment vehicles and limited partnership sponsorships.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 82%, Public Funds/Mutual Funds 9%, Cash & Cash Equivalents 5%, Non-Exchange Traded Equities 4%82%
  • Exchange Traded Equities82%
  • Public Funds/Mutual Funds9%
  • Cash & Cash Equivalents5%
  • Non-Exchange Traded Equities4%

Owners & executives

3 of 3
  • Mark Herndon

    Chief Financial OfficerCRD 8065808

  • Russell Grimaldi

    Russell Grimaldi

    Chief Compliance Officer & Associate General CounselCRD 5210776

  • Alun Williams

    Chief Operating OfficerCRD 4331633

Contacts

3 of 3
  • Jay Kesslen

    General Counsel, Managing DirectorCRD 4335392

  • Peter Doyle

    Managing DirectorCRD 2590707

  • Steven Bregman

    President, Co-FounderCRD 2568218

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

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Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 51

Active vs passive

$653M in ETFs

Passive

93%

$607M

Active

6%

$46.4M

ETFProviderStyleCategoryValueShares% of portfolio
GRAYSCALE BITCOIN TRUST ETF (GBTC)GrayscalePassiveDigital Assets$553M12,139,99084.57%

Location

Primary office

New York, NY

New York

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
New York
Address
470 Park Ave S
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth