Hopwood Financial Services, INC.
Assets Under Management
$666.6M
Number of Clients
278
Number of Advisors
5
Average Client AUM
$2.4M
AUM per Advisor
$133.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Hopwood Financial Services offers discretionary investment advisory services on a fee-only basis. They work with clients to establish an appropriate investment profile, allocating assets based on objectives. They also provide financial planning and consulting services on a separate fee basis. HFS may allocate a portion of a client’s investment assets among unaffiliated Third-Party Managers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $4.0M | 0.75% |
| $4.0M - $7.0M | 0.50% |
| $7.0M - $10.0M | 0.40% |
| $10M+ | 0.30% |
HFS’s investment advisory fee is negotiable at HFS’s discretion.
Fee Estimator
For investment management, you'll pay an annual fee based on the value of your managed assets (see the table above for rates). Personal financial planning and consulting services are charged hourly, ranging from $350 per hour for most financial planning services to $125 per hour for administrative functions. A new account processing fee of up to $350 may be charged. The firm's investment advisory fee is negotiable at HFS’s discretion. Client assets managed through the Institutional Bond Program will be subject to an additional annual fee of up to 0.11%.
Areas of Practice
Location
10740 Parkridge Blvd., Suite 150, Reston, VA, 20191
