Hornor, Townsend & Kent, LLC
Assets Under Management
$7.8B
Number of Clients
31,522
Number of Advisors
437
Average Client AUM
$246K
AUM per Advisor
$17.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Hornor, Townsend & Kent, LLC (HTK) is an SEC-registered investment adviser and broker-dealer. They offer advisory services through third-party asset managers (TPAMs), financial planning, and retirement plan consulting. HTK is a wholly-owned subsidiary of 1847 Financial, LLC, which is a wholly-owned subsidiary of Penn Mutual.
Fee Structure
HTK charges up to 1.5% of the client's account value for advisory services with TPAMs, not including manager fees. Financial planning and consulting fees are negotiable. Retirement plan consulting services are charged based on a percentage of assets (up to 1%), hourly (up to $500/hour), or a flat rate. Clients may pay fees to AdvicePay, an unaffiliated service provider. HTK may receive fees from TPAMs for conferences, events, and marketing support.
Areas of Practice
Location
161 Washington Street, Conshohocken, PA, 19428