HEARTHSTONE INC., A CALIFORNIA CORPORATION
Adviser information for HEARTHSTONE INC., A CALIFORNIA CORPORATION last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | California, United States |
Employees
| Total Number of Employees | 23 |
|---|---|
| Investment Advisory/Research | 10 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 12 | $1.8B |
| Total | 12 | $1.8B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 12 | $1.8B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 12 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-55793 |
|---|---|
| SEC ERA File Number | 801-55793 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 112226 |
| Legal Entity Identifier | None |
Principal Office
23975 PARK SORRENTO, SUITE #220CALABASAS
CA
United States
Monday - Friday, 8 AM - 6 PM
Tel: 818-385-0005, Fax: 818-385-0310
Websites
Chief Compliance Officer
STEVEN PORATH
23975 PARK SORRENTO
SUITE 220
CALABASAS
CA
United States
Tel:
(818-385-3697
S******@**************M
(Full email address available in API data)
Industry Affiliates
| HEARTHSTONE PROFESSIONALS - SH, LP | Sponsor, GP, manager of pooled investment vehicles |
| HEARTHSTONE PROFESSIONALS XI, LP | Sponsor, GP, manager of pooled investment vehicles |
| HEARTHSTONE PROFESSIONALS XIII, LP | Sponsor, GP, manager of pooled investment vehicles |
| HEARTHSTONE PROFESSIONALS-CS, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| HEARTHSTONE PROFESSIONALS-PI, LP | Sponsor, GP, manager of pooled investment vehicles |
| HEARTHSTONE RESIDENTIAL PROFESSIONALS III, LP | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| BP-HS ASTER, LLC | Real Estate Fund | $117.3M | $0.1M | 3 |
| CAL HEARTHSTONE PUBLIC BUILDER LOT OPTION, LLC | Real Estate Fund | $573.6M | $0.1M | 2 |
| FP-HS LOT OPTION JOINT VENTURE-VALENCIA, LLC | Real Estate Fund | $42.7M | $0.1M | 3 |
| HEARTHSTONE HOUSING PARTNERS II, LLC | Real Estate Fund | $16.2M | $0.1M | 2 |
| HEARTHSTONE HOUSING PARTNERS III, LLC | Real Estate Fund | $459.3M | $0.1M | 2 |
| HEARTHSTONE MULTI-STATE RESIDENTIAL VALUE-ADDED FUND III, LLC | Real Estate Fund | $0.9M | $0.1M | 6 |
| KW-HS LOP OPTION POOL 01, LLC | Real Estate Fund | $73.9M | $0.1M | 1 |
| NP-HS LOT OPTION JOINT VENTURE VII, LLC | Real Estate Fund | $41.6M | $0.1M | 2 |
| NP-HS LOT OPTION JOINT VENTURE VIII, LLC | Real Estate Fund | $6.1M | $0.1M | 2 |
| OCS-HS LOT OPTION JOINT VENTURE II, LLC | Real Estate Fund | $159.6M | $0.1M | 2 |
| OCS-HS LOT OPTION JOINT VENTURE, LLC | Real Estate Fund | $7.0M | $0.1M | 2 |
| R-HEARTHSTONE PUBLIC BUILDER LOT OPTION JV LLC | Real Estate Fund | $308.8M | $0.1M | 2 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PORATH, MARK, ALLAN | Individual | – | CEO | 12/2022 | > 75% |
| PORATH, STEVEN | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2023 | < 5% |