Hrc Wealth Management, LLC (Moscow)

Name: Hrc Wealth Management, LLC
Address: 315 S. Almon, Moscow, ID, 83843
Telephone: 208-882-5547

Hrc Wealth Management, LLC is a large advisory firm based in Moscow. It manages $118.6 million of regulatory assets for 1,055 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Idaho, Oregon, and Washington.

Hrc Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hrc Wealth Management: assets under management

The assets under management (AUM) of Hrc Wealth Management, LLC is $118.6 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $118.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $112.42 thousand each.

Hrc Wealth Management has custody of $21 million in cash and securities for 100 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hrc Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hrc Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hrc Wealth Management is individuals with 602 clients and $75.6 million of assets under management. Among the 10 most similar advisory firms, Hrc Wealth Management has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $118.6 million for 625 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Hrc Wealth Management doesn't advise any private funds.

Careers at Hrc Wealth Management, LLC

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jerald Bradley Lewis	Chief compliance officer/ managing member	1 Jul 2012	Other	4483202
David Evan Jones	Member	1 Jul 2012	Other	4483204
James Robert Pilcher	Member	1 Jul 2012	Other	4483207
Cade Leigh Konen	Member	1 Jul 2012	Other	4554129
Nathan Scott Strong	Member	1 Jul 2012	Other	4554112

Based in Moscow

The principal office where Hrc Wealth Management, LLC performs its advisory services is located at 315 S. Almon, Moscow, ID 83843, which is also the mailing address of the firm. An additional office of the firm is in Pullman, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 208-882-5547 or by fax 208-882-3724. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at haydenross.com/.