HSP Capital is a family office that provides investment advice to members of the owner's family. They focus on selecting individual stocks, particularly small-cap and micro-cap stocks, which are riskier. HSP Capital does not offer comprehensive wealth management and recommends clients allocate only a portion of their portfolio to them. Portfolios are generally not tailored to individual circumstances, though small adjustments may be made for tax optimization.
Fee Structure
HSP Capital charges a performance-based fee, which may be waived at the firm's discretion. The fee is 30% of the portfolio's gain above a 5% hurdle rate, subject to a high-water mark. This means the portfolio must return at least 5% before any fees are charged, and fees are only charged on gains above that level. If the portfolio doesn't meet the 5% hurdle in a year, future fees are only payable once the portfolio value exceeds its previous highest level, compounded at 5% annually. Clients also incur brokerage costs and potential mutual fund or exchange-traded fund fees.