Green Harvest Asset Management LLC (Portsmouth)

Green Harvest Asset Management LLC is a large advisory firm based in Portsmouth. It manages $142.94 million of regulatory assets for 59 client accounts. It has been registered with the SEC as an adviser since 2017.

Green Harvest Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and portfolio management for family trusts and sub-adviser for other investment advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Green Harvest Asset Management: assets under management

The assets under management (AUM) of Green Harvest Asset Management LLC is $142.94 million. The firm's AUM has grown by 10110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $13.63 million in discretionary accounts and $129.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $425.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.79 million.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Green Harvest Asset Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Green Harvest Asset Management LLC

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Gene Louis Needles has been acting as President since 1 Jul 2019. Solomon George Teller has served as the Chief Investment Officer since 1 Apr 2018. Christina Elaine Sears joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 6 indirect owners.

Based in Portsmouth

The principal office where Green Harvest Asset Management LLC performs its advisory services is located at 110 Brewery Lane, Portsmouth, NH 03801, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-794-2783. The normal business hours are 9:00 am - 5:00 pm (et) on Monday - Friday. You can find more information about the New York firm at greenharvestam.com.