Hobbs Wealth Management

RIASEC Registered

Total AUM

$147M

Discretionary

$147M

100% of AUM

Avg account

$232K

Accounts

631

Employees

Advisory reps

Firm details

Headquarters: Zionsville, Indiana
CRD number: 325374
Registered since: February 28, 2025
Website: www.hobbswealth.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI76%
Individuals24%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Hobbs Wealth Management is an independent, SEC-registered registered investment adviser (SEC Registered Year: 2025) organized as an LLC and owned by an individual principal. The firm focuses on serving individuals and families, offering financial planning and portfolio management for individuals and small businesses. Its advisory services also include pension consulting and selection of other advisers. Hobbs operates as a capital allocator and charges clients via a mix of percentage-of-AUM fees, hourly fees, and fixed fees. The firm is not positioned as an ESG-focused investor and does not report being a multi-state adviser. Its business model is relatively compact: discretionary portfolio management is a clear emphasis, supported by financial planning and consultant-style services that can include sourcing external managers.