Halyard Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Halyard Asset Management reports 23 clients. They include 11 pooled investment vehicles, 3 high-net-worth individuals and 3 charitable organizations. Of its assets, 100.0% ($2.03B across 23 accounts) are managed with discretion. Of its clients, 23% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 4% | <1% |
| High-net-worth individuals | 13% | <1% |
| Investment companies | 4% | 2% |
| Pooled investment vehicles | 48% | 94% |
| Charitable organizations | 13% | <1% |
| Other client typesOther investment advisers; Corporations and other businesses; Other | 17% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1 | $122K | 0.0% | $122K |
| High-net-worth individuals | 3 | $5.25M | 0.3% | $1.75M |
| Investment companies | 1 | $50.7M | 2.5% | $50.7M |
| Pooled investment vehicles | 11 | $1.91B | 94.3% | $174M |
| Charitable organizations | 3 | $6.69M | 0.3% | $2.23M |
| Other investment advisers | 1 | $6.51M | 0.3% | $6.51M |
| Corporations and other businesses | 2 | $45.6M | 2.3% | $22.8M |
| Other | 1 | $1.51M | 0.1% | $1.51M |
| Total | 23 | $2.03B | 100% | $88.2M |
- Clients
- 1
- Regulatory AUM
- $122K
- AUM share
- 0.0%
- Avg. per client
- $122K
- Clients
- 3
- Regulatory AUM
- $5.25M
- AUM share
- 0.3%
- Avg. per client
- $1.75M
- Clients
- 1
- Regulatory AUM
- $50.7M
- AUM share
- 2.5%
- Avg. per client
- $50.7M
- Clients
- 11
- Regulatory AUM
- $1.91B
- AUM share
- 94.3%
- Avg. per client
- $174M
- Clients
- 3
- Regulatory AUM
- $6.69M
- AUM share
- 0.3%
- Avg. per client
- $2.23M
- Clients
- 1
- Regulatory AUM
- $6.51M
- AUM share
- 0.3%
- Avg. per client
- $6.51M
- Clients
- 2
- Regulatory AUM
- $45.6M
- AUM share
- 2.3%
- Avg. per client
- $22.8M
- Clients
- 1
- Regulatory AUM
- $1.51M
- AUM share
- 0.1%
- Avg. per client
- $1.51M
Total
- Clients
- 23
- Regulatory AUM
- $2.03B
- AUM share
- 100%
- Avg. per client
- $88.2M
- Clients outside the U.S.
- 23%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Halyard Asset Management is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Michael Kastner owns 25% to 50% of Halyard Asset Management. The leadership team of Halyard Asset Management includes Chief Compliance Officer Saleemah Ahamed. It has 4 employees, 3 of them in advisory roles.
Leadership
- Saleemah AhamedChief Compliance Officer
- Steven BoydManaging Member
- Michael KastnerManaging Member
Staff
- 4 employees
- 3 in advisory functions
- 1 soliciting firm
- Owns 25% to 50% of Halyard Asset Management LLC
Michael Kastner
Control person · since September 2010
- Owns 25% to 50% of Halyard Asset Management LLC
Dunn Capital Management, LLC
Control person · since September 2010
- Owns 75% or more of Dunn Capital Management, LLC
Martin Bergin
Control person · since January 2010
- Owns 25% to 50% of Halyard Asset Management LLC
Steven Boyd
Control person · since September 2010
Halyard Asset Management’s regulatory assets grew from $1.41B (March 2021) to $2.03B (March 2026); clients fell from 26 to 23 and employees from 5 to 4. In 2026, Financial Planning Associates ($74.7M in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.03B | 23 | 4 | 1 |
| March 2025 | $1.54B | 20 | 4 | 1 |
| February 2024 | $1.34B | 24 | 4 | 1 |
| July 2023 | $1.74B | 23 | 5 | 1 |
| March 2022 | $1.36B | 24 | 5 | 1 |
| March 2021 | $1.41B | 26 | 5 | 1 |
Firms that joined
20261 joined
- Financial Planning AssociatesLast filed AUM $74.7M
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Halyard Asset Management has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 399 Knollwood Road, Suite 107b, White PlainsHQ
Contact and registration details
- Legal name
- Halyard Asset Management LLC
- Headquarters
- 399 Knollwood Road, Suite 107b, White Plains, NY 10603
- Website
- halyardmgmt.com
- Phone
- 914-437-5600
- @halyard-asset-management-llc
- SEC file
- 801-71687
- Structure
- Delaware LLC
- Fiscal year end
- December
Halyard Asset Management uses Principal Securities ($45.3M, 69%) and Pershing ($20.4M, 31%) as custodians for its separately managed accounts. Halyard Asset Management does not have custody of client assets.
- PershingPershing LLC · Jersey City, NJ · $20.4M31%
- Principal SecuritiesPrincipal Securities, Inc. · Des Moines, IA · $45.3M69%
At year end, Halyard Asset Management’s separately managed accounts were mostly in bonds (100%).
What the accounts hold
- Bonds100%
- U.S. government and agency bonds51%
- Investment grade corporate bonds48%
- State and local bonds1%
How many clients does Halyard Asset Management have?
Halyard Asset Management has 23 clients and manages $2.03 billion for them, as of March 2026. They include 11 pooled investment vehicles, 3 high-net-worth individuals and 3 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Halyard Asset Management offer?
Halyard Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Halyard Asset Management use?
Halyard Asset Management’s separately managed account assets are held at Principal Securities, Inc. (Des Moines, IA), with $45.3M and Pershing LLC (Jersey City, NJ), with $20.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Halyard Asset Management have?
Halyard Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Halyard Asset Management invest in?
At the end of its last fiscal year, Halyard Asset Management’s separately managed accounts held 51% U.S. government and agency bonds, 48% investment grade corporate bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Halyard Asset Management?
Halyard Asset Management is owned through a holding company by Martin Bergin. Its direct owners are Michael Kastner, Dunn Capital Management, LLC and Steven Boyd, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Halyard Asset Management get paid?
Halyard Asset Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Halyard Asset Management?
Halyard Asset Management’s main office is at 399 Knollwood Road, Suite 107b, White Plains, NY 10603. Its phone number is 914-437-5600. Its website is halyardmgmt.com.