Hogan Financial Management, LLC (Milwaukee)

Name: Hogan Financial Management, LLC
Address: 250 W. Coventry Ct. Suite 202, Milwaukee, WI, 53217
Telephone: 414-352-9111

Hogan Financial Management, LLC is a large advisory firm based in Milwaukee. It manages $242.01 million of regulatory assets for 531 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Illinois, Texas, and Wisconsin.

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

Hogan Financial Management: assets under management

The assets under management (AUM) of Hogan Financial Management, LLC is $242.01 million. The firm's AUM has grown by 43% since the beginning of its operation, and $494.06 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $219.54 million in discretionary accounts and $22.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $442.62 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $642 thousand.

Hogan Financial Management has custody of $50.5 million in cash and securities for 37 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 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hogan Financial Management, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hogan Financial Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hogan Financial Management is high net worth individuals with 76 clients and $226.83 million of assets under management. Among the 8 most similar advisory firms, Hogan Financial Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $242.01 million for 105 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Hogan Financial Management doesn't advise any private funds.

Careers at Hogan Financial Management, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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
Paula Henderson Hogan	Managing member, chief compliance officer	1 Sep 1992	75% - 100%	4387678
Clint Robert Wondra	Chief operations officer / member	1 Apr 2017	25% - 50%	6259495

Based in Milwaukee

The principal office where Hogan Financial Management, LLC performs its advisory services is located at 250 W. Coventry Ct. Suite 202, Milwaukee, WI 53217, 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 414-352-9111 or by fax 414-352-9166. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at paulahogan.com.