Hardwood Natural Resources Group, LLC is an adviser based in Chapel Hill. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of North Carolina.
Hardwood Natural Resources Group provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The advisory firm has several streams of revenue. Clients pay Hardwood Natural Resources Group, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.
The only and largest group of clients of Hardwood Natural Resources Group is pooled investment vehicles with 1 clients and $0 of assets under management. Among the 2 most similar advisory firms, Hardwood Natural Resources Group has the highest percentage of pooled investment vehicles out of all clients.
None of the firm’s clients are foreign persons or businesses.
Hardwood Natural Resources Group also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $3,000,000 for each fund.
The company employs 22 people that are either part- or full-time employees. 91 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.
The principal office where Hardwood Natural Resources Group, LLC performs its advisory services is located at 1512 East Franklin Street,, Chapel Hill, NC 27514 2816 The mailing address of the firm is P.O. Box 9162, Chapel Hill, NC 27515 9162. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 919-929-2497 or by fax (919) 929-8265. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at forestlandgroup.com.