Highland Capital Management, LLC

CRD#104842
Investment Advisor Firm

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Learn more about Highland Capital Management, LLC

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

    • Overview

    Highland Capital Management, LLC is located at 850 Ridge Lake Blvd, Memphis, TN. The firm employs 12 financial advisors to manage client portfolios and provide financial guidance. Highland Capital Management, LLC is not a registered broker-dealer.

    Highland Capital Management, LLC oversees $3.4 billion in assets under management across 1,038 accounts, all of which are discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for institutional clients, and other services. The firm caters to a diverse range of investors, including retail investors, high net worth investors, pension plans, charitable organizations, state or municipal government entities, and corporations. The fee structure at Highland Capital Management, LLC includes asset-based, performance-based, and other fees. The firm has 459 high net worth clients and maintains affiliations with a trust company, an insurance company or agency, and a pension consultant. High net worth investors represent the largest client type by accounts.

    Highland Capital Management, LLC is registered in the states of Alabama, California, Colorado, Florida, Georgia, Louisiana, Mississippi, New York, Pennsylvania, Tennessee, and Texas.

    Assets Under Management

    $3.4 billion

    Number of Advisors

    12

    Disclosures

    No

    Office Location

    850 Ridge Lake Blvd
    Memphis, TN 38120

    Highland Capital Management, LLC by the Numbers

    Total Assets Under Management

    $3.4 billion

    National Average: $8.6 billion
    Total Number of Employees

    19

    National Average: 64
    Total Number of Accounts

    1,038

    National Average: 375,227
    Average Account Size

    $3.3 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial advisory fees largely depend on the financial services offered. Fees charged by Highland Capital Management, LLC may include some blend of the following fee types: asset-based, performance-based, or other. The firm does participate in a wrap fee program, in which the firm 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 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.

    • Find one of the 32% of firms that offer this fee type

      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.

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    Types of Clients

    The firm manages money for a broad range of clients. The firm caters to retail investors, high net worth investors, pension plans, charitable organizations, state or municipal government entities, corporations, and other. Out of its 7 clients, Highland Capital Management, LLC's biggest client type by number of accounts is pension plans, though it also caters to 459 high-net-worth individuals. A high-net-worth individual is defined by the SEC as a person who has at least $750,000 in AUM or a net worth of more than $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 44.22%
    • Other Individuals - 18.02%
    • Corporations - 31.02%
    • Charitable Organizations - 6.74%

    * 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

    Highland Capital Management, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Highland Capital Management, LLC

    Brian Escobedo
    Memphis, TN
    Scott Notowich
    Memphis, TN
    Todd Wishnia
    Memphis, TN
    Andrew O'Sullivan
    Memphis, TN
    Jed Miller
    Memphis, TN
    Steven Stack
    Lake Mary, FL
    Mark Cronin
    Memphis, TN
    David Thompson
    Memphis, TN
    Bart Mcmurry
    Castle Rock, CO

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