Hourglass Capital, LLC is a registered investment advisor based in Houston, Texas, providing discretionary investment management services to separately managed accounts for individuals, high net worth individuals, trusts, estates, pension and profit-sharing plans, and charitable organizations. The firm develops customized investment strategies based on personal discussions with clients regarding their specific goals and objectives. Hourglass Capital utilizes various methods of analysis, including fundamental, technical, qualitative, and mutual fund or exchange-traded fund analysis. Investment strategies employed include long-term purchases, short-term purchases, leveraged and inverse exchange-traded funds and mutual funds, short sales, margin transactions, option writing, investments in special situation companies, distressed securities, debt securities, and concentrated portfolios. The firm offers its investment management services on a fee basis, which may include management fees based on a percentage of assets under management, performance-based fees, or a combination of both.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $10.0M | 1.00% |
| $10.0M - $50.0M | 0.85% |
| $50M+ | 0.70% |
Rates are negotiated between the client and portfolio manager based on account size, investment strategy, and household relationship. Performance-based fees may also apply for qualified clients.