Hoopoe Advisors
Assets Under Management
$543.6M
Number of Clients
565
Number of Advisors
11
Average Client AUM
$962K
AUM per Advisor
$49.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Hoopoe Advisors provides comprehensive wealth management services, including asset management and financial planning. Asset management is offered through a wrap fee program, providing discretionary and non-discretionary investment advisory services. Financial planning services are tailored to individual client needs and may be included in a comprehensive wealth management engagement or offered separately for a fee. The firm also provides advisory services to charities and small businesses.
Fee Structure
Asset management fees are generally debited from client accounts, with exceptions for held-away accounts like 401(k)s. Fees are negotiable up to a maximum of 1.5% of assets under management, including third-party platform fees, and are billed quarterly in advance. Financial planning fees are fixed or hourly, ranging from $200 to $15,000 (fixed) or $200 to $400+ per hour, depending on complexity. Retirement plan advisory fees are also negotiable up to 1.5% of assets under management and are charged quarterly.
Areas of Practice
Location
603 Massachusetts Avenue, Suite 200, Boston, MA, 02118