Hopkins Investment Management, LLC. (Annapolis)

Name: Hopkins Investment Management, LLC.
Address: 1731 River Road, Annapolis, MD, 21409
Telephone: 410-757-7980

Hopkins Investment Management, LLC. is a large advisory firm based in Annapolis. It manages $129.33 million of regulatory assets for 552 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Florida, Maryland, New Jersey, and 4 other states.

Hopkins Investment Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hopkins Investment Management: assets under management

The assets under management (AUM) of Hopkins Investment Management, LLC. is $129.33 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 331% since the beginning of its operation, and $1.67 million of the total AUM is attributable to clients outside of the United States.

The firm manages $129.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $234.3 thousand each.

Hopkins Investment Management has custody of $26.38 million in cash and securities for 45 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is other assets, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hopkins Investment Management, LLC. for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Hopkins Investment Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hopkins Investment Management is high net worth individuals with 42 clients and $84.03 million of assets under management. Among the 10 most similar advisory firms, Hopkins Investment Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $125.95 million for 150 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.

Hopkins Investment Management also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $500,000.

Careers at Hopkins Investment Management, LLC.

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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
Martin Llewellyn Hopkins	Managing member & chief compliance officer	1 May 2001	Other	3021373
Robert B. Spanjaard	Member	1 Jun 2008	50% - 75%	5625242
Llc M.L. Hopkins & Co.	Holding company	1 Nov 2008	75% - 100%	22-3801737
Llc. Hopkins Investment Management	Holding co.	1 Nov 2008	50% - 75%	121811

Based in Annapolis

The principal office where Hopkins Investment Management, LLC. performs its advisory services is located at 1731 River Road, Annapolis, MD 21409, which is also the mailing address of the firm. An additional office of the firm is in Fulton, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-757-7980 or by fax 800-861-0030. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at hopkinsim.com and its LinkedIn profile.