Hammond Investment Planning Corporation (Smyrna)

Name: Hammond Investment Planning Corporation
Address: 4045 Orchard Road, Smyrna, GA, 30080
Telephone: 770-226-5343

Hammond Investment Planning Corporation is a large advisory firm based in Smyrna. It manages $214.48 million of regulatory assets for 107 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Georgia, New York, North Carolina, and Tennessee.

Hammond Investment Planning Corporation provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hammond Investment Planning Corporation: assets under management

The assets under management (AUM) of Hammond Investment Planning Corporation is $214.48 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 430% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $214.48 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2 million each.

Investments

The firm invests in exchange traded securities the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hammond Investment Planning Corporation for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hammond Investment Planning Corporation serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hammond Investment Planning Corporation is high net worth individuals with 86 clients and $204.09 million of assets under management. Among the 10 most similar advisory firms, Hammond Investment Planning Corporation has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $212.08 million for 106 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.

Hammond Investment Planning Corporation doesn't advise any private funds.

Careers at Hammond Investment Planning Corporation

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
William George Hammond	Chief compliance officer	1 Apr 1996	75% - 100%	235395
Maryjane Margaret Lecroy	Partner	1 Jul 2011	Other	5036227
Maryjane O'leary Lecroy	Partner	1 Jul 2011	Other	5036227

Based in Smyrna

The principal office where Hammond Investment Planning Corporation performs its advisory services is located at 4045 Orchard Road, Smyrna, GA 30080, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 770-226-5343 or by fax 770-874-0929. The normal business hours are 8-5:30 on Monday - Friday. You can find more information about the New York firm at hammondplanning.com.