Hudock Capital Group, LLC is a large advisory firm based in Williamsport. It manages $454.07 million of regulatory assets for 1,863 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, District of Columbia, and 13 other states.
Hudock Capital Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Hudock Capital Group, LLC is $454.07 million. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Hudock Capital Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Michael Joseph Hudock is high net worth individuals with 178 clients and $325.78 million of assets under management. Among the 12 most similar advisory firms, Hudock Capital Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $449.41 million for 720 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Hudock Capital Group doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Michael Joseph Hudock has been acting as President since 1 Nov 2009. Inc. Employee Stock Ownership Plan And Trust Hudock joined the executive team most recently as the Owner.
The principal office where Hudock Capital Group, LLC performs its advisory services is located at 400 Market Street, Williamsport, PA 17701, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 570-326-9500 or by fax 570-326-9577. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at hudockmoyer.com.