Hoover Private Wealth, LLC

RIASEC RegisteredEst. 2025

Total AUM

$171M

Discretionary

$67.3M

39% of AUM

Avg account

$269K

Accounts

638

Employees

Advisory reps

Firm details

Headquarters: Royal Oak, Michigan
CRD number: 336484
Registered since: November 19, 2025
Website: www.hooverprivatewealth.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: Corporations / Businesses61.4%
Individuals26.47%
HNWI11.49%
Charitable Organizations0.64%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Hoover Private Wealth, LLC is an independent registered investment adviser organized as an LLC and listed as SEC-registered in 2025. The firm serves both individual/family and institutional clients and operates as a capital allocator, indicating it places client capital into third-party managers as part of its offering. Advisory services documented in public filings include financial planning, portfolio management for individuals/small businesses and for businesses or institutions, and the selection of other advisers. Fee arrangements include both percentage-of-AUM and fixed-fee structures. The firm is not positioned as an active ESG investor and does not present itself as a multi-state adviser; it also reports an affiliation with an insurance company.