{"url":"https://nivawealth.com/firms/hildene-capital-management-160415","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/160415","regulatoryAum":20183115317,"crd":"160415","secFileNumber":"801-73616","legalName":"Hildene Capital Management, LLC","displayName":"Hildene Capital Management","website":"http://www.hildenecap.com/","linkedinUrl":"https://www.linkedin.com/company/hildene-capital-management/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"333 Ludlow Street, South Tower, 5th Floor","city":"Stamford","state":"CT","stateName":"Connecticut","country":"United States","postalCode":"06902"},"tradeNames":[],"registration":{"secApproved":"30 March 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":33,"advisory":18,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"discretionary":20173910122,"discretionaryAccounts":87,"nonDiscretionary":9205195,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":54,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":76,"regulatoryAum":12517004293},{"label":"Insurance companies","clients":6,"regulatoryAum":6849605454},{"label":"Corporations and other businesses","clients":null,"regulatoryAum":786328258},{"label":"Other","clients":null,"regulatoryAum":30177312}],"fees":[],"feeNotes":[],"custodians":[{"name":"U.S. Bank, National Association","shortName":"U.S. Bank, National Association","location":"Milwaukee, WI","smaAssets":1133631273},{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"North Quincy, MA","smaAssets":4898780404}],"custodyNote":"Hildene Capital Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Brett Jefferson","title":"President, Co-Chief Investment Officer and Manager","crd":"2257196"},{"name":"David Sherman","title":"Chief Financial Officer","crd":"4575298"},{"name":"Jennifer Nam","title":"Chief Operating Officer","crd":"7273157"},{"name":"Lisa Harris","title":"Chief Compliance Officer","crd":"6710371"},{"name":"Justin Gregory","title":"Portfolio Manager","crd":"4219342"},{"name":"Dushyant Mehra","title":"Co-Chief Investment Officer","crd":"5204846"},{"name":"Gregory Resnick","title":"General Counsel","crd":"6775893"},{"name":"John Scannell","title":"Senior Advisor","crd":"4243629"}],"ownership":[{"label":"Hildene Holding Company, LLC","detail":"Sole member in the 75% or more ownership band and a control person, since December 2007."},{"label":"Brett Jefferson","detail":"Indirect owner: class a member and manager of Hildene Holding Company, LLC and a control person, since January 2008. Also investment trustee of BRJ-H 2017 Trust and a control person, since November 2017.","parent":"Hildene Holding Company, LLC"},{"label":"BRJ Holdings III, LLC","detail":"Indirect owner: a class a member of Hildene Holding Company, LLC in the 75% or more band and a control person, since December 2022.","parent":"Hildene Holding Company, LLC"},{"label":"BRJ-H 2017 Trust","detail":"Indirect owner: a owner of BRJ Holdings III, LLC in the 75% or more band and a control person, since May 2019.","parent":"BRJ Holdings III, LLC"},{"label":"Alliance Trust Company, LLC","detail":"Indirect owner: administrative trustee of BRJ-H 2017 Trust and a control person, since November 2017.","parent":"BRJ-H 2017 Trust"},{"label":"Jack Carlisle","detail":"Indirect owner: benefits trustee of BRJ-H 2017 Trust and a control person, since November 2017.","parent":"BRJ-H 2017 Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"333 Ludlow Street, South Tower, 5th Floor","city":"Stamford","headquarters":true}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"324 Blackwell ST","city":"Durham"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"203-517-2500","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["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. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":19},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":26},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":49},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":74},"sources":{"adv1FilingDate":"27 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/160415/PDF/160415.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Hildene Capital Management have?","answer":"Hildene Capital Management has 82 clients and manages $20.2 billion for them, as of April 2026. They include 76 pooled investment vehicles and 6 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Hildene Capital Management offer?","answer":"Hildene Capital Management provides 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 Hildene Capital Management use?","answer":"Hildene Capital Management’s separately managed account assets are held at State Street Bank and Trust Company (North Quincy, MA), with $4,898,780,404 and U.S. Bank, National Association (Milwaukee, WI), with $1,133,631,273. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Hildene Capital Management have?","answer":"Hildene Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 33 employees, and 18 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 Hildene Capital Management invest in?","answer":"At the end of its last fiscal year, Hildene Capital Management’s separately managed accounts held 49% pooled vehicles (private funds and similar), 26% registered funds (mutual funds, ETFs, BDCs), 19% investment grade corporate bonds, 4% cash and equivalents, 1% state and local bonds and 1% derivatives. It advises 74 private funds.","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 Hildene Capital Management?","answer":"Hildene Capital Management’s direct owner is Hildene Holding Company, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Hildene Capital Management get paid?","answer":"Hildene Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions 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"}}],"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 Wealth 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."}