Hilltop Securities (HTS) offers advisory services through its Horizon Program, focusing on alternative investment funds and structured products. Clients make the final investment decisions, with assistance from an Investment Advisor Representative (IAR) who provides research, selection guidance, and ongoing monitoring. This program is designed for pre-qualified investors and may involve concentrated positions with limited trading activity. HTS also provides brokerage, execution, clearing, and custody services.
Fee Structure
The Horizon Program fee is a negotiated annual flat fee, not to exceed 1.75%, billed quarterly in advance. This fee covers investment advice and reporting. The fee is debited from a separate account the client has with Hilltop Securities, not directly from the Horizon account. The value of alternative investments is based on information provided by the product sponsors and administrators, which may be delayed and not current. This fee is in addition to the investment management fees and other expenses charged by the Alternative Investment Funds and Structured Products.