Hfm Investment Advisors, Inc. (Newark)

Name: Hfm Investment Advisors, Inc.
Address: 5 Hunting Court, Newark, DE, 19711
Telephone: 302-234-9777

Hfm Investment Advisors, Inc. is a large advisory firm based in Newark. It manages $339.28 million of regulatory assets for 598 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Delaware, Florida, Maryland, and 6 other states.

Hfm Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hfm Investment Advisors: assets under management

The assets under management (AUM) of Hfm Investment Advisors, Inc. is $339.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 193% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $339.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $567.36 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 43% of the total AUM. The second-largest asset type is exchange traded securities, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hfm Investment Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Michael Paul Pallozzi serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Michael Paul Pallozzi is high net worth individuals with 64 clients and $278.63 million of assets under management. Among the 10 most similar advisory firms, Hfm Investment Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $324.72 million for 224 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.

Hfm Investment Advisors doesn't advise any private funds.

Careers at Hfm Investment Advisors, Inc.

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Michael Paul Pallozzi has been acting as President since 1 Jul 2007. Stephen Laurence Hyde joined the executive team most recently as the Chief Executive Officer And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Laurence Hyde	Chief executive officer and chief compliance officer	1 Apr 1986	75% - 100%	254335
Michael Paul Pallozzi	President	1 Jul 2007	Other	1936691

Based in Newark

The principal office where Hfm Investment Advisors, Inc. performs its advisory services is located at 5 Hunting Court, Newark, DE 19711, which is also the mailing address of the firm. An additional office of the firm is in Lakwood Ranch, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 302-234-9777 or by fax 302-234-9780. The normal business hours are 8:30a.m.-5:00p.m. on Monday - Friday. You can find more information about the New York firm at hfminvestmentadvisors.com.