Hilton Capital Management, Llc
- Regulatory AUM
- $3.2B
- Discretionary
- $1.5B
- Clients
- 1,647
- Avg AUM / client
- $1.9M
- Accounts
- 1,647
- Employees
- 27
AUM over time
Annual snapshots from Form ADV filings · as of Jun 03, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,384 | $399M | 12.6% |
| High net worth individuals | 153 | $305M | 9.65% |
| Investment companies | 5 | $374M | 11.8% |
| Pension and profit sharing plans | 19 | $8.0M | 0.25% |
| Insurance companies | 7 | $516M | 16.3% |
| Corporations and other businesses | 45 | $181M | 5.74% |
| Other | 34 | $1.4B | 43.6% |
People (10)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hay, Kathleen, Rafferty | Member | Dec 2001 (25y) | ≈ 18.75% – 50% via Rafferty Holdings, Llc | |
| William James Garvey | Co Chief Investment Officer | Dec 2001 (25y) | Less than 5% | |
| Christopher Craig O'neill | President & Ceo | Jan 2010 (17y) | Less than 5% | |
| Alexander David Oxenham | Co Cio | CFA | Mar 2018 (8y) | Less than 5% |
| Cipolla, Joseph, Paul | Officer | Jan 2019 (8y) | GP / trustee / elected manager of Rafferty Servicing Inc (indirect) | |
| Barbara Laudisi Martens | Chief Operating Officer | May 2019 (7y) | Less than 5% | |
| Timothy Reilly | President | Mar 2020 (6y) | Less than 5% | |
| Keitner, Ann, Freeman | Chief Compliance Officer | Dec 2024 (2y) | Less than 5% | |
| Thomas Barry Maher | Registered representative | Jan 2019 (8y) | ||
| Kevin Anthony Mccarthy | Registered representative | Jul 2021 (5y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Rafferty Holdings, Llc | Member | Dec 2001 | A | 75% or more |
| Rafferty Servicing Inc | Non Member Manager | Jan 2019 | B | GP / trustee / elected manager of Rafferty Holdings, Llc (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Hay, Kathleen, Rafferty: 25% – 50% of Rafferty Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/03/2026 | 1.09 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Northern Trust $451M (14% of AUM) Jun 2026
- U.S. Bank $398M (13% of AUM) Jun 2026
- Charles Schwab & Co. $246M (8% of AUM) Jun 2025
- Wells Fargo $179M (6% of AUM) Jun 2026
- J.P. Morgan $159M (8% of AUM) Jun 2020
- Pershing $158M (7% of AUM) Jan 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 03, 2026.
View current Form ADV (SEC/IAPD) ↗