Hilton Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Hilton Capital Management reports 1,647 clients. They include 1,384 individual clients, 153 high-net-worth individuals, and 45 corporations and other businesses. Of its assets, 46.8% ($1.48B across 1,577 accounts) are managed with discretion; $1.68B across 70 accounts are not. A wrap fee program the firm both sponsors and manages holds $433M. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 84% | 13% |
| High-net-worth individuals | 9% | 10% |
| Investment companies | <1% | 12% |
| Pension and profit-sharing plans | 1% | <1% |
| Insurance companies | <1% | 16% |
| Other client typesCorporations and other businesses; Other | 5% | 49% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,384 | $399M | 12.6% | $288K |
| High-net-worth individuals | 153 | $305M | 9.7% | $1.99M |
| Investment companies | 5 | $374M | 11.8% | $74.9M |
| Pension and profit-sharing plans | 19 | $8.05M | 0.3% | $423K |
| Insurance companies | 7 | $516M | 16.3% | $73.8M |
| Corporations and other businesses | 45 | $181M | 5.7% | $4.03M |
| Other | 34 | $1.38B | 43.6% | $40.5M |
| Total | 1,647 | $3.16B | 100% | $1.92M |
- Clients
- 1,384
- Regulatory AUM
- $399M
- AUM share
- 12.6%
- Avg. per client
- $288K
- Clients
- 153
- Regulatory AUM
- $305M
- AUM share
- 9.7%
- Avg. per client
- $1.99M
- Clients
- 5
- Regulatory AUM
- $374M
- AUM share
- 11.8%
- Avg. per client
- $74.9M
- Clients
- 19
- Regulatory AUM
- $8.05M
- AUM share
- 0.3%
- Avg. per client
- $423K
- Clients
- 7
- Regulatory AUM
- $516M
- AUM share
- 16.3%
- Avg. per client
- $73.8M
- Clients
- 45
- Regulatory AUM
- $181M
- AUM share
- 5.7%
- Avg. per client
- $4.03M
- Clients
- 34
- Regulatory AUM
- $1.38B
- AUM share
- 43.6%
- Avg. per client
- $40.5M
Total
- Clients
- 1,647
- Regulatory AUM
- $3.16B
- AUM share
- 100%
- Avg. per client
- $1.92M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Hilton Capital Management is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Rafferty Holdings, LLC owns 75% or more of Hilton Capital Management and is in turn owned by Kathleen Hay (25–50%). Jeffrey Seeley is CEO; the leadership team includes President Timothy Reilly, Chief Investment Officer Alexander Oxenham and Chief Operating Officer Barbara Martens. It has 27 employees, 6 of them in advisory roles.
Leadership
- Jeffrey SeeleyChief Executive Officer
- Timothy ReillyPresident
- Barbara MartensChief Operating Officer
- Ann KeitnerChief Compliance Officer
- Christopher O'NeillExecutive Chairman
- Alexander OxenhamChief Investment Officer
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
- William James Garvey
- Thomas Barry Maher
- Barbara Laudisi Martens
- Kevin Anthony McCarthy
- Christopher Craig O'Neill
- Alexander David Oxenham
- Timothy Reilly
Staff
- 27 employees
- 6 in advisory functions
- 8 state-registered reps
- 11 broker-dealer reps
- Owns 75% or more of Hilton Capital Management, LLC
Rafferty Holdings, LLC
Control person · since December 2001
- Owns 25% to 50% of Rafferty Holdings, LLC
Kathleen Hay
since December 2001
Rafferty Servicing Inc
Non-member manager · Control person · since January 2019
Joseph Cipolla
Officer · Control person · since January 2019
Hilton Capital Management’s regulatory assets grew 1.7× from $1.89B (March 2021) to $3.16B (June 2026); clients fell from 1,870 to 1,647 and employees rose from 17 to 27.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $3.16B | 1,647 | 27 | 2 |
| June 2025 | $2.93B | 1,577 | 27 | 2 |
| March 2024 | $2.41B | 1,560 | 24 | 2 |
| May 2023 | $2.31B | 1,676 | 25 | 2 |
| March 2022 | $2.45B | 1,837 | 20 | 2 |
| March 2021 | $1.89B | 1,870 | 17 | 2 |
Besides its headquarters, Hilton Capital Management has 1 office, with 2 listed addresses in Florida and New York.
Florida · 1 listed address
- 1061 E. Indiantown Road, Jupiter
New York · 1 listed address
- 1050 Franklin Avenue, 5th Floor, Garden CityHQ
Contact and registration details
- Legal name
- Hilton Capital Management, LLC
- Headquarters
- 1050 Franklin Avenue, 5th Floor, Garden City, NY 11530
- Website
- hiltoncapitalmanagement.com
- Phone
- 516-693-5380
- @hilton-capital-management-llc
- SEC file
- 801-60776
- Structure
- New York LLC
- Fiscal year end
- December
Hilton Capital Management uses Northern Trust Securities ($451M, 44%), US Bank Global Fund Services ($398M, 39%) and Wells Fargo Clearing Services ($179M, 17%) as custodians for its separately managed accounts. Hilton Capital Management does not have custody of client assets.
- Northern Trust SecuritiesNorthern Trust Securities, Inc. · Chicago, IL · $451M44%
- US Bank Global Fund ServicesUS Bank Global Fund Services · Minneapolis, MN · $398M39%
- Wells Fargo Clearing ServicesWells Fargo Clearing Services, LLC · St. Louis, MO · $179M17%
At year end, Hilton Capital Management’s separately managed accounts were largely in funds (45%) and stocks (34%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.47B across 135 positions; the largest are iShares TR (7.9%), Vanguard Scottsdale Fds (5.7%) and Vanguard Scottsdale Fds (5.7%).
What the accounts hold
- Stocks34%
- Funds45%
- Bonds19%
- Investment grade corporate bonds15%
- U.S. government and agency bonds4%
- Cash2%
Reported 13F holdings
- $1.47B
- Reported 13F value
- 135
- Positions
- 42.1%
- In the 10 largest
- +11.0%
- Value vs. prior quarter
- iShares TR · 0-3 Mth Treasury7.9%
- Vanguard Scottsdale Fds · Int-term Corp.5.7%
- Vanguard Scottsdale Fds · Shrt Trm Corp. BD5.7%
- J P Morgan Exchange Traded F · Nasdaq EQT Prem5.0%
- J P Morgan Exchange Traded F · Income ETF3.7%
- Janus Detroit Str TR · Hendrson Aaa CL3.7%
- Vanguard Whitehall Fds · Intl High ETF3.1%
- Nvidia Corporation3.0%
- J P Morgan Exchange Traded F · Equity Premium2.3%
- Microsoft Corp.2.0%
Together, the ten largest are 42.1% of reported value.
How many clients does Hilton Capital Management have?
Hilton Capital Management has 1,647 clients and manages $3.16 billion for them, as of June 2026. They include 1,384 individual clients, 153 high-net-worth individuals, and 45 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 June 2026
What services does Hilton Capital Management offer?
Hilton Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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 Hilton Capital Management use?
Hilton Capital Management’s separately managed account assets are held at Northern Trust Securities, Inc. (Chicago, IL), with $451M, US Bank Global Fund Services (Minneapolis, MN), with $398M and Wells Fargo Clearing Services, LLC (St. Louis, MO), with $179M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 June 2026
How many financial advisors does Hilton Capital Management have?
Hilton Capital Management has 8 investment adviser representatives registered with state securities authorities, out of 27 employees, and 6 perform investment advisory functions. 11 employees are registered representatives of a broker-dealer and 0 employees are 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 Hilton Capital Management invest in?
At the end of its last fiscal year, Hilton Capital Management’s separately managed accounts held 45% registered funds (mutual funds, ETFs, BDCs), 34% exchange-traded equities, 15% investment grade corporate bonds, 4% U.S. government and agency bonds and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Hilton Capital Management?
Hilton Capital Management is owned through a holding company by Kathleen Hay. Its direct owner is Rafferty Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 June 2026
How does Hilton Capital Management get paid?
Hilton Capital 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 Hilton Capital Management?
Hilton Capital Management’s main office is at 1050 Franklin Avenue, 5th Floor, Garden City, NY 11530. Its phone number is 516-693-5380. Its website is hiltoncapitalmanagement.com.