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Highland Consulting Associates Inc.

Highland Consulting Associates Inc.. CRD 109834

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CRD: 109834

Highland Consulting Associates Inc.

$21.9B Total AUM
$609.0M Disc. AUM
7.4% 3Y CAGR
28 Employees
171 ADV. Clients
32 yrs Firm Age

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Firm Details

Custodian
Fidelity/NFS · Vanguard
Clients
Retail and Institutional
Established Date
10-01-1993
Office Locations
1

Office Locations

159 Crocker Park Blvd., Suite 350 Cleveland OH

About Highland Consulting Associates Inc.

Highland Consulting Associates is an independent, fee-only investment consulting firm providing commission-free, conflict-free advice for retail and institutional clients. Founded in 1993, it serves as “Investor Advocates,” supporting portfolio stewardship and asset-allocation decisions across public and private investment vehicles. Highland was ranked 42nd in Pensions & Investments’ 2024 Consultants Directory for worldwide institutional assets under advisement.

Reported data analysis

What the numbers show

Between July 22, 2025 and March 18, 2026, reported AUM increased 8.4%, from $20.2B to $21.9B.

Across 5 reported observations, AUM increased 26.2% between December 6, 2022 and March 18, 2026, from $17.4B to $21.9B.

Of the latest reported AUM, 2.8% is discretionary and 97.2% is non-discretionary.

The firm reports 17 advisory representatives and 171 clients, or 10.1 clients per representative. That equates to $128.2M in reported AUM per client.

The profile lists 1 reported office location and 32 years in operation. The source data was last updated on March 18, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

-- AVG AGE
$1.3B AVG AUM / ADVISOR
$128.2M AVG AUM / CLIENT
7.5 yrs AVG TENURE
28 Employees
17 Advisory Reps
2 RIA Reps
32yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

Michael Anthony Grater

Michael Anthony Grater

Institutional Investment Consulting and Research

CRD
--
Ownership
Less than 5%
RICHARD VERES

RICHARD VERES

President

CRD
--
Ownership
Less than 5%

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Contacts

THOMAS RANDALL FAIRFAX

THOMAS RANDALL FAIRFAX

--

CRD
#3172004
Laurel Fitzsimmons

Laurel Fitzsimmons

--

CRD
#8150378

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
12-06-2022
09-18-2023
03-18-2024
07-22-2025
03-18-2026
Category Assets AVG. Account size
Discretionary $608,960,943 $10,874,303
Non-Discretionary $21,321,000,895 $51,750,002
Total $21,929,961,838 $46,858,893

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Separately Managed Accounts

SMA allocation detail is available

Highland Consulting Associates Inc. has reported separately managed account data across 4 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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