Healthcare Royalty Management, LLC

CRD#169355
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Overview

Healthcare Royalty Management, LLC is a financial advisory company headquartered in Stamford, Connecticut. The firm controls $3.5 billion in total assets over 12 client accounts, placing it among the largest financial advisory firms in the country by assets under management (AUM). The firm has a small team of 21 employees, of which 16 are financial advisors. Healthcare Royalty Management, LLC does not act as a registered broker-dealer, signifying that it is not able to buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer company to do so. Securities are tradable fiscal investments like equities, options and bonds.

Healthcare Royalty Management, LLC administers more than half of its accounts in a discretionary manner. Discretionary management signifies that a portfolio manager has the discretion to make buy and sell choices for the client's account without needing the client's approval. The firm also oversees one non-discretionary accounts totaling $50.5 million in assets. The advisory firm's typical account size is $293.9 million. An average advisor at Healthcare Royalty Management, LLC administers fewer than one client account, making it one of the most personalized financial advisor firms in the country.

The company's main office is located at 300 Atlantic Street, Stamford, Connecticut 6901. It is allowed to provide services to customers throughout a few states, including California, Connecticut and Massachusetts.

Assets Under Management

$3.5 billion

Number of Advisors

16

Disclosures

No

Office Location

300 Atlantic Street
Stamford, CT 06901

Healthcare Royalty Management, LLC by the Numbers

Total Assets Under Management

$3.5 billion

National Average: $3.7 billion
Total Number of Employees

21

National Average: 29
Total Number of Accounts

12

National Average: 2,073
Average Account Size

$293.9 million

National Average: $1.8 million

Find a dedicated advisor for your needs

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Fee Structure

Financial advisory fees usually depend on which services the firm provides the client. However, fee types charged by the firm most likely include the following fee types: asset-based, fixed, performance-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.

Available

  • Offered by 74% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 17% of firms

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Offered by 40% of firms

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Offered by 12% of firms

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

Unavailable

  • Find one of the 35% of firms that offer this fee type

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Find one of the 2% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 1% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

Back to Overview

Types of Clients

The firm works with pooled investment vehicles. Out of its 12 customers, Healthcare Royalty Management, LLC's largest client group is pooled investment vehicles. None of its clients are non-U.S. persons.

  • High-Net-Worth Individuals* - 0%
  • Other Individuals - 0%
  • Corporations - 100%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

Find an advisor who will work directly with you

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Disclosures

Healthcare Royalty Management, LLC does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

Find a financial advisor near you

If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

Back to Overview

This content was compiled from the SEC and FINRA