Prospect Hill Management, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$209,649,066
This total excludes 2 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
37
95% high-net worth
Advisors
1
of 2 employees
Firm type
Supported
1-3 advisors or $200M+ in AUM
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
37
LowAverage account size
$5,666,191
About
Prospect Hill Management primarily provides discretionary investment supervisory services to a small, predominantly individual client base, concentrating on high net worth households while also serving a select group of related individuals and a Family Limited Partnership as a pooled investment vehicle. The firm manages approximately $256.6 million in client assets across about 37 accounts and develops individualized investment policies through client discussions of objectives, time horizons, risk tolerance and liquidity needs.
Investment implementation is centered on customized portfolio management across equities, fixed income, ETFs and cash equivalents, with ongoing monitoring and monthly reporting. The firm applies a mix of fundamental, technical and qualitative analysis and employs a range of strategies — including long‑ and short‑term purchases, trading, options (covered calls and spreads), short sales, and the use of margin or borrowing in separately managed accounts when appropriate.
What distinguishes the firm from many peers is its relatively high assets under management per advisor — managing over $250 million with a single primary advisory team member — and its uncommon practice of managing pooled vehicles and permitting borrowing within client accounts, which can introduce leverage‑related risks and operational considerations. Leadership also reflects nontraditional professional backgrounds that transitioned into finance, and the firm combines discretionary trading authority with block‑trading procedures and dual custodial relationships to support execution and reporting.
Client services
Portfolio management
Expertise
Active portfolio management
Options & derivatives strategies
Tax-loss harvesting
Fee options
$0 - $2,000,000: 1.25% per year $2,000,000+: 1.00% per year
$250 per hour for consultation services outside of normal investment supervisory services
Account minimum: $1,000,000
Main office location
Prospect Hill Management, LLC
Summit NJ, United States
Number of offices
1
Most active in
Prospect Hill Management, LLC has reported serving >5 clients in these states in the last 12 months.
New Jersey
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
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