Hourglass Capital, LLC

RIASEC Registered

Total AUM

$769M

Discretionary

$769M

100% of AUM

Avg account

$3.1M

Accounts

245

Employees

Advisory reps

Firm details

Headquarters: Houston, Texas
CRD number: 147754
Registered since: August 4, 2008
Website: www.hourglasscapital.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: HNWI90.7%
Pension & Profit Sharing Plans3.46%
Charitable Organizations2.58%
Corporations / Businesses1.83%
Individuals1.43%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Hourglass Capital, LLC is an independent RIA organized as an LLC that provides discretionary portfolio management to individuals, families and institutional clients. The firm is SEC-registered (registration date: 2008) and operates on a fee model that combines a percentage of assets under management with performance-based fees. Advisory services emphasize portfolio management for both individuals/small businesses and for businesses or institutional clients. Hourglass reports a preference for equity investments, does not flag itself as an active ESG investor, and is not structured as a multi-state or newly formed adviser. Ownership is listed as a mix of a domestic entity and an individual. Although Hourglass is not primarily a capital allocator, it does place capital into third-party real estate funds.