{"url":"https://nivawealth.com/firms/halyard-asset-management-154493","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/154493","regulatoryAum":2027676556,"crd":"154493","history":[{"filedOn":"2021-03-16","regulatoryAum":1410780152,"clients":26,"employees":5,"offices":1},{"filedOn":"2022-03-02","regulatoryAum":1355176887,"clients":24,"employees":5,"offices":1},{"filedOn":"2023-07-11","regulatoryAum":1739279131,"clients":23,"employees":5,"offices":1},{"filedOn":"2024-02-01","regulatoryAum":1344005740,"clients":24,"employees":4,"offices":1},{"filedOn":"2025-03-26","regulatoryAum":1537513474,"clients":20,"employees":4,"offices":1},{"filedOn":"2026-03-26","regulatoryAum":2027676556,"clients":23,"employees":4,"offices":1}],"acquisitions":[{"date":"2026-09-15","datePrecision":"day","name":"Financial Planning Associates","crd":"159404","source":"adv_w","dealType":"acquisition","sellerAum":74717077,"sellerAumDate":"2026-03-29","sourceUrl":"https://adviserinfo.sec.gov/firm/summary/159404"}],"secFileNumber":"801-71687","legalName":"Halyard Asset Management LLC","displayName":"Halyard Asset Management","slug":"halyard-asset-management-154493","website":"https://halyardmgmt.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/halyard-asset-management-llc","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"399 Knollwood Road, Suite 107b","city":"White Plains","state":"NY","stateName":"New York","country":"United States","postalCode":"10603"},"tradeNames":[],"registration":{"secApproved":"21 July 2010","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1342185.25,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":2027676556,"discretionary":2027676556,"discretionaryAccounts":23,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":23,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1,"regulatoryAum":122201},{"label":"High-net-worth individuals","clients":3,"regulatoryAum":5246540},{"label":"Investment companies","clients":1,"regulatoryAum":50661316},{"label":"Pooled investment vehicles","clients":11,"regulatoryAum":1911304796},{"label":"Charitable organizations","clients":3,"regulatoryAum":6687882},{"label":"Other investment advisers","clients":1,"regulatoryAum":6506531},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":45632400},{"label":"Other","clients":1,"regulatoryAum":1514890}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Pershing LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":20386973},{"name":"Principal Securities, Inc.","shortName":"Principal Securities","location":"Des Moines, IA","smaAssets":45323471}],"custodyNote":"Halyard Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Saleemah Ahamed","title":"Chief Compliance Officer","crd":"5819935"},{"name":"Steven Boyd","title":"Managing Member","crd":"2645295"},{"name":"Michael Kastner","title":"Managing Member","crd":"1970072"}],"ownership":[{"label":"Michael Kastner","detail":"Managing member in the 25% to 50% ownership band and a control person, since September 2010."},{"label":"Dunn Capital Management, LLC","detail":"Member in the 25% to 50% ownership band and a control person, since September 2010."},{"label":"Steven Boyd","detail":"Managing member in the 25% to 50% ownership band and a control person, since September 2010."},{"label":"Martin Bergin","detail":"Indirect owner: a open of Dunn Capital Management, LLC in the 75% or more band and a control person, since January 2010.","parent":"Dunn Capital Management, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"399 Knollwood Road, Suite 107b","city":"White Plains","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"914-437-5600","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"U.S. government/agency bonds","percent":51},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":48}],"privateFunds":0},"sources":{"adv1FilingDate":"26 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/154493/PDF/154493.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Halyard Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Halyard Asset Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Halyard Asset Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Halyard Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Halyard Asset Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Halyard Asset Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Halyard Asset Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Halyard Asset Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}