Overview
Hayes Asset Management, LLC is a SEC-registered investment adviser with its principal
place of business located in New York. Hayes Asset Management, LLC began
conducting business in 2006.
Listed below are the firm's principal shareholders (i.e., those individuals and/or entities
controlling 25% or more of this company).
• Christopher Charles Hayes
Hayes Asset Management, LLC offers the following advisory services to our clients:
INDIVIDUAL PORTFOLIO MANAGEMENT
Our firm provides asset management of client funds based on the individual needs of the
client. Through personal discussions in which goals and objectives based on the client's
particular circumstances are established, we develop the client's personal investment
policy. We create and manage a portfolio based on that policy. During our data-gathering
process, we determine the client’s individual objectives, time horizons, risk tolerance,
and liquidity needs. As appropriate, we may also review and discuss a client’s prior
investment history, as well as family composition and background.
We manage these advisory accounts on a discretionary or non-discretionary basis.
Account supervision is guided by the client's stated objectives (i.e., maximum capital
appreciation, growth, income, or growth
and income), as well as tax considerations.
Clients may impose reasonable restrictions on investing in certain securities, types of
securities, or industry sectors.
Once the client's portfolio has been established, we review the portfolio quarterly, and if
necessary, rebalance the portfolio on an annual basis, based on the client's individual
needs.
Our investment recommendations are not limited to any specific product or service
offered by a broker-dealer or insurance company and will generally include advice
regarding the following securities:
• Exchange-listed securities
• Securities traded over-the-counter
• Foreign issuers
• Corporate debt securities (other than commercial paper)
• Certificates of deposit
• Municipal securities
• Mutual fund shares
• United States governmental securities
Because some types of investments involve certain additional degrees of risk, they will
only be implemented when consistent with the client's stated investment objectives,
tolerance for risk, liquidity, and suitability.
AMOUNT OF MANAGED ASSETS
As of 12/31/2022, we were actively managing $116,338,300 of clients' assets on a
discretionary basis plus $17,765,800 of clients' assets on a non-discretionary basis.