Highpass Asset Management LLC

HighPass Asset Management serves high net worth families, individual investors, pension and profit-sharing plans, and trusts and estates, providing fee-only wealth management that combines discretionary portfolio management with written financial planning. The firm manages approximately $218 million for roughly 95 client relationships and typically evaluates accounts against a $1,000,000 minimum, while tailoring engagements through written agreements.

The firm builds customized portfolios informed by a client’s risk tolerance, time horizon and cash flow needs, often developing an investment policy statement and conducting quarterly reviews. Portfolios are primarily allocated among ETFs, individual equities and mutual funds, and HPAM may also employ options, cash equivalents, CDs, treasuries, individual debt securities and, for accredited investors, private placement investments; the firm uses a mix of fundamental, technical and cyclical analysis and financial planning software for projections.

Compared with many peers, HPAM’s use of derivatives and the ability to incorporate borrowing or leverage in separately managed accounts is notable, and the firm also may recommend private collective vehicles that can employ leverage. The firm has an affiliated CPA practice in which a firm representative is a licensed accountant who operates a separate tax practice serving a small number of non-clients, while HPAM itself offers tax preparation and filing services to clients for an additional fee.