Overview
Harvey has been in business since 2000. We provide our clients with investment management services
consisting primarily of discretionary asset management through the use of equity and balanced
(between equity securities such as stocks and fixed income securities such as municipal or government
bonds) portfolios. We also provide non-discretionary investment management services under which we
provide investment advice to the client as to the investment or reinvestment of its assets with the client
being responsible for acceptance and implementation of the advice but this service is provided on a
limited basis as requested.
Our services and processes are designed to determine and address each client’s specific investment
needs based on interviews and meetings with our clients designed to collect information as to the
client’s investment circumstances, objectives, time horizon expectations, past investment experience as
well as risk tolerance. The client may also impose restrictions on our ability to implement particular
types of investments on its behalf if that is the client’s preference. We then implement an investment
strategy for our clients based upon the information collected.
As part of our use of equity portfolios, we offer clients, depending upon their specific investment needs,
the ability to participate in our Harvey Focus Portfolios in which the client’s assets are invested primarily
in the stocks of a more consolidated group of companies, focused on medium-sized companies.
We do not provide legal, tax or accounting advice or services and you should not assume that we are
providing you such services at any time. Also, you should understand that, generally speaking, securities
or other investments for which we provide advice to you are not deposits or obligations of any bank, are
not endorsed or guaranteed by any bank and are not insured by the Federal Deposit Insurance
Corporation, the Federal Reserve Board or any other governmental agency and that neither Harvey nor
any of its affiliated companies is
a trust or banking institution.
Some of our clients may be involved in “wrap fee” arrangements with certain brokerage firms which
sponsor such arrangements. Under a wrap fee arrangement, a brokerage firm may recommend
retention of Harvey to manage all or a portion of your assets; pay us our fee for our services; monitor
and evaluate our services in managing your assets; execute securities transactions which we implement
on your behalf; and provide you with custodial services for your assets, or the brokerage firm may
provide any combination of these services, for a set fee to be paid by you to the brokerage firm. Under
a wrap fee arrangement, your assets would be managed by us in the same manner as assets managed
by us for our clients not in a wrap fee arrangement although this would be subject to your particular
investment needs and objectives and we may have limited or minimal contact with you where the
brokerage firm maintains the direct and primary relationship with you. You should understand that,
depending upon the amount of the wrap fee the brokerage firm charges you, the number of securities
transactions in your account, the value of custodial or other services you will receive under the
arrangement, the amount of the wrap fee may or may not be less than the total cost for such services
added together if you obtained them separately and therefore such arrangement may not be suitable
for all clients based on the client’s individual financial circumstances and investment goals. You can find
more specific information on each wrap fee arrangement in the Wrap Fee Program Brochure which
should be available to you from the wrap fee arrangement sponsor. Harvey does not act as a sponsor of
any wrap fee arrangements.
The principal owners of Harvey are WT Acquisition, LLC and Samuel Harvey. The ultimate owner of
WT Acquisition, LLC is HighTower Holding, LLC. Our firm manages $913,288,498 on a discretionary basis,
for a total of $913,288,498 regulatory assets under management as of December 31, 2023.