Healthcare Royalty Management, LLC

CRD#169355
Investment Advisor Firm

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Learn more about Healthcare Royalty Management, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Healthcare Royalty Management, LLC is an advisory company headquartered in Stamford, Connecticut. Healthcare Royalty Management, LLC manages $3.4 billion in assets over 11 customer accounts, placing it among the biggest financial advisory firms in the nation by assets under management (AUM). It has a small group, including 18 financial advisors. Healthcare Royalty Management, LLC is not a registered broker-dealer, meaning the advisor cannot buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer company to do so. Securities are exchangable financial investments like equities, options and bonds.

    Healthcare Royalty Management, LLC oversees all of its client assets in a discretionary manner. Discretionary management is a structure in which a portfolio manager has the discretion to make transaction choices without needing to seek the customer's approval. The firm oversees roughly $313.1 million in assets for every account. The average financial advisor at Healthcare Royalty Management, LLC oversees fewer than one client account, placing it among the most individualized financial advisor firms in the country.

    Healthcare Royalty Management, LLC's headquarters is at 300 Atlantic Street, Stamford, Connecticut 6901. The company is legally registered to serve customers throughout a number of states, including California, Connecticut and Massachusetts.

    Assets Under Management

    $3.4 billion

    Number of Advisors

    18

    Disclosures

    No

    Office Location

    300 Atlantic Street
    Stamford, CT 06901

    Healthcare Royalty Management, LLC by the Numbers

    Total Assets Under Management

    $3.4 billion

    National Average: $8.6 billion
    Total Number of Employees

    22

    National Average: 64
    Total Number of Accounts

    11

    National Average: 375,227
    Average Account Size

    $313.1 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial advice typically depend on which services are offered. However, fees billed by Healthcare Royalty Management, LLC can consist of any combination of the following fee types: asset-based, fixed, performance-based or other. The company does not participate in a wrap fee program, in which the company offers a service bundle for a comprehensive fee.

    Available

    • Offered by 69% 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 26% 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 32% 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 10% 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 21% 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 1% 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 0% 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.

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    Types of Clients

    It works with pooled investment vehicles. Out of its 11 clients, Healthcare Royalty Management, LLC's biggest client group is pooled investment vehicles. None of the company's clients are represented by 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.

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    Disclosures

    Healthcare Royalty Management, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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