Hhm Wealth Advisors, LLC (Chattanooga)

Name: Hhm Wealth Advisors, LLC
Address: 1200 Market Street, Chattanooga, TN, 37402
Telephone: 423-826-1670

Hhm Wealth Advisors, LLC is a large advisory firm based in Chattanooga. It manages $419.65 million of regulatory assets for 2,546 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 4 other states.

Hhm Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hhm Wealth Advisors: assets under management

The assets under management (AUM) of Hhm Wealth Advisors, LLC is $419.65 million. The firm's AUM has grown by 186% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $386.65 million in discretionary accounts and $33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $154.54 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $749.98 thousand.

Hhm Wealth Advisors has custody of $86.37 million in cash and securities for 153 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is exchange traded securities, which make up 39% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hhm Wealth Advisors, 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 Hhm Wealth Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Hhm Wealth Advisors is high net worth individuals with 141 clients and $278.11 million of assets under management. Among the 11 most similar advisory firms, Hhm Wealth Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $397.74 million for 696 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.

Hhm Wealth Advisors doesn't advise any private funds.

Careers at Hhm Wealth Advisors, LLC

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Llc The Cpa Group	Owner	1 Jul 2009	50% - 75%	61-1783504
Travis A Hutchinson	Managing partner	1 Jul 2009	25% - 50%	4776895
Salvatore Geraci	Managing member, chief compliance officer	1 Jul 2009	50% - 75%	1736064
Gina H Cook	Chief compliance officer	1 Jan 2015	Other	2673838

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James D. Hutcherson	Member	1 Aug 2000	25% - 50%	4470863
Ladell M. Moffat	Member	1 Aug 2000	Other	4470874
Chester W. Logan	Member	1 Aug 2000	Other	4470870
Jeffrey S Mckay	Member	1 Aug 2000	Other	4663994
Kyle C Christensen	Member	1 Jan 2003	Other	4663990
George Howard Wilmoth	Member	1 Jan 2007	Other	4811790
Travis M. Horton	Member	1 Jan 2007	Other	5296767

Based in Chattanooga

The principal office where Hhm Wealth Advisors, LLC performs its advisory services is located at 1200 Market Street, Chattanooga, TN 37402, 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 423-826-1670 or by fax 423-265-8125. The normal business hours are 8:00 to 5:00 on Monday - Friday. You can find more information about the New York firm at hhmwealth.com and its LinkedIn profile.