Horse Cove Partners LLC (Atlanta)

Name: Horse Cove Partners LLC
Address: 1899 Powers Ferry Rd Se, Atlanta, GA, 30339
Telephone: 678-905-5723

Horse Cove Partners LLC is a large advisory firm based in Atlanta. It manages $104.66 million of regulatory assets for 178 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Florida, Georgia, and 5 other states.

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

Horse Cove Partners: assets under management

The assets under management (AUM) of Horse Cove Partners LLC is $104.66 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 457% since the beginning of its operation, and $688.05 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $104.66 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $587.98 thousand each.

Investments

The firm invests in derivatives the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Horse Cove Partners 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.

What kind of clients Horse Cove Partners serves?

The firm provides services to individuals, insurance companies, investment companies, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Horse Cove Partners is high net worth individuals with 164 clients and $50.03 million of assets under management. Among the 9 most similar advisory firms, Horse Cove Partners has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $104.66 million for 178 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Horse Cove Partners also advises several private funds.

Careers at Horse Cove Partners LLC

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Samuel Trent Dekinder	Managing member	1 Dec 2012	50% - 75%	64269
Kevin Vern Ellis	Managing member	1 Dec 2014	50% - 75%	5434963
Bradley Richard Stark	Chief compliance officer	1 Mar 2015	Other	4094102
Bradley Richard Stark	Chief compliance officer	1 Mar 2016	Other	4094102
Bryan Charles Haft	Chief compliance officer	1 Oct 2017	Other	2313491
Matthew Ashley Swendiman	Chief compliance officer	1 Aug 2019	Other	2849367

Based in Atlanta

The principal office where Horse Cove Partners LLC performs its advisory services is located at 1899 Powers Ferry Rd Se, Atlanta, GA 30339, 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 678-905-5723 or by fax 770-859-9291. The normal business hours are 9:30 to 4:30 on Monday - Friday. You can find more information about the New York firm at horsecovepartners.com.