Hinds Financial Group Inc (Lakewood)

Name: Hinds Financial Group Inc
Address: 141 Union Blvd., Lakewood, CO, 80228
Telephone: 303-985-9889

Hinds Financial Group Inc is a large advisory firm based in Lakewood. It manages $321.22 million of regulatory assets for 388 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Colorado, Nebraska, and Texas.

Hinds Financial Group provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hinds Financial Group: assets under management

The assets under management (AUM) of Hinds Financial Group Inc is $321.22 million. The firm's AUM has grown by 228% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $316.32 million in discretionary accounts and $4.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $828.07 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $815.99 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 47% of the total AUM. The second-largest asset type is exchange traded securities, which make up 18% of the firm’s portfolio. Investments in state and local bonds form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hinds Financial Group Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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 Cynthia Kelley Hinds serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Cynthia Kelley Hinds is high net worth individuals with 71 clients and $160.61 million of assets under management. Among the 10 most similar advisory firms, Hinds Financial Group has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $321.22 million for 389 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.

Hinds Financial Group doesn't advise any private funds.

Careers at Hinds Financial Group Inc

The company employs 12 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 7 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.

Cynthia Kelley Hinds has been acting as President since 1 Dec 2003. Sarah Lynn Budacki joined the executive team most recently as the Director Of Operations/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Cynthia Kelley Hinds	President	1 Dec 2003	50% - 75%	1151631
Jonathan Russell Kelley	Vice president/treasurer	1 Dec 2003	25% - 50%	4034111
Sheral Louise Wright	Chief compliance officer	1 Jun 2012	Other	1642147
Sheral Louise Davis	Chief compliance officer	1 Jun 2012	Other	1642147
Sarah Lynn Budacki	Director of operations/chief compliance officer	1 Dec 2016	Other	4742075

Based in Lakewood

The principal office where Hinds Financial Group Inc performs its advisory services is located at 141 Union Blvd., Lakewood, CO 80228, which is also the mailing address of the firm. An additional office of the firm is in Golden, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-985-9889 or by fax 303-985-0146. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at hindsfg.com/.