The Herbst Group, LLC

RIASEC Registered
Total AUM
$205M
Discretionary
$205M
100% of AUM
Avg account
$696K
Accounts
294
Employees
7
Advisory reps
3

Firm details

Headquarters
,
CRD number
309319
Registered since
June 5, 2020
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM
Client types
  • HNWI80.95%
  • Individuals14.72%
  • Charitable Organizations3.38%
  • Pension & Profit Sharing Plans0.71%
  • Corporations / Businesses0.23%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

The Herbst Group, LLC is an independent, privately owned registered investment adviser that provides financial planning and portfolio management primarily to individual and family clients. The firm registered with the SEC in 2020 and operates under a percentage-of-assets fee model. Its advisory services include financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutions, and pension consulting. The Herbst Group is structured as an LLC and is owned by an individual principal; it does not position itself as an in-house capital allocator.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 79%, State & Local Bonds 10%, US Government Bonds 3%, Cash & Cash Equivalents 3%, Investment Grade Corp Bonds 2%, Non-Investment Grade Corp Bonds 1%, Derivatives 1%, Public Funds/Mutual Funds 1%79%
  • Exchange Traded Equities79%
  • State & Local Bonds10%
  • US Government Bonds3%
  • Cash & Cash Equivalents3%
  • Investment Grade Corp Bonds2%

Owners & executives

2 of 2
  • Gabrielle Magdziarz

    Chief Compliance OfficerCRD 5832218

  • Brian Herbst

    Brian Herbst

    CEO and co-CIOCRD 5125974

Contacts

1 of 1
  • Omeed Zarrin

    SVP, Business DevelopmentCRD 6069219

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 65

Active vs passive

$154M in ETFs

Passive

87%

$134M

Active

7%

$20.1M

ETFProviderStyleCategoryValueShares% of portfolio
INVESCO QQQ TRUST SERIES 1 (QQQ)InvescoPassiveLarge Growth$10M13,4906.46%

Location

Primary office

, null

Location

, null

Headquartered in , null.

Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth