Harper Asset Management, LLC

Harper Asset Management, LLC provides discretionary investment management and advisory services to private individuals and high‑net‑worth clients, tailoring portfolios and recommendations to each client's needs. The firm manages separate accounts for these clients and generally charges asset‑based management fees.

The firm implements portfolios using composites and models, typically constructing equity‑focused accounts of about 20–30 individual holdings to concentrate on higher‑conviction ideas, while also offering fixed‑income and balanced models. Investment decisions are driven by fundamental analysis supplemented with quantitative screens and a value orientation, and the firm discloses that it invests in small‑ and micro‑cap securities, which involve higher liquidity and volatility risks.

Harper Asset Management discloses a material affiliation with The Stephan Co. (SPCO): the firm is a significant beneficial shareholder and its principal serves on SPCO’s board, and SPCO has been held in client and personal accounts since 2016; the firm states it receives compensation for that board role and manages the resulting conflict by restricting additional purchases, excluding SPCO from composites, and subjecting it to the same investment criteria as other holdings. The firm also documents aggregation and allocation procedures when affiliated accounts trade alongside client accounts and maintains a Code of Ethics and pre‑clearance procedures intended to mitigate potential conflicts of interest.