Hobart Wealth
Assets Under Management
$429.7M
Number of Clients
677
Number of Advisors
9
Average Client AUM
$635K
AUM per Advisor
$47.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Hobart Wealth provides discretionary asset management services, including portfolio creation with various securities tailored to client needs. They also offer non-discretionary asset management and may utilize Third-Party Managers or Model Providers. Financial planning and consulting services are available for a planning fee, covering various financial areas. Retirement plan consulting is offered to employer-sponsored plans.
Fee Structure
Hobart charges an asset-based fee for asset management services, not exceeding 2.00% annually, billed quarterly in advance. Clients may incur additional Third-Party Management Fees or Model Provider Fees. For Outside Accounts managed through Pontera, there's a 0.25% annual Pontera Fee. Fees are negotiable and can be deducted from client accounts or billed directly. Hobart does not receive commissions on fee-based variable annuity insurance products, but charges an asset-based management fee.
Areas of Practice
Location
7733 Ballantyne Commons Parkway, Suite 101, Charlotte, NC, 28277