HWA FINANCIAL GROUP

RIASEC RegisteredEst. 2018

Total AUM

$295M

Discretionary

$267M

90% of AUM

Avg account

$512K

Accounts

577

Employees

Advisory reps

Firm details

Headquarters: ELLICOTT CITY, Maryland
CRD number: 120745
Registered since: July 20, 2018
Website: www.hwafinancialgroup.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI77.61%
Individuals12.72%
Charitable Organizations8.99%
Corporations / Businesses0.51%
Pension & Profit Sharing Plans0.17%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

HWA Financial Group is an independent registered investment adviser that operates as a capital allocator for both individual/family and institutional clients. The firm provides financial planning and portfolio management across individuals, small businesses and institutions, and offers pension consulting and selection-of-other-advisers services. It also conducts insurance brokerage business alongside its advisory services. Fee arrangements include percentage-of-AUM billing as well as hourly and fixed fees. On the investment side, HWA Financial Group tilts toward pooled public vehicles: its filings show a heavy use of public funds and mutual funds as the primary vehicle for client exposure. The firm reports primarily discretionary management, indicating portfolio construction and ongoing manager decisions are made on clients’ behalf. HWA Financial Group does not list itself as an active ESG investor.