How does the advisor help clients – Key Takeaways:
H.L. Ormond & Company, LLC is a highly reputable financial advisory firm that provides comprehensive services to clients seeking financial guidance. The team at H.L. Ormond & Company prides themselves on their decades of experience and expertise in the financial industry, making them a valuable resource for clients in need of financial advice and planning.
Some key takeaways about H.L. Ormond & Company’s approach and services include:
- Expert financial guidance and planning
- Extensive experience in the industry
- Customized financial strategies for each client
- A focus on building long-term relationships with clients
Facts and Insights
H.L. Ormond & Company, LLC was founded in 1995 and has been providing financial services for over 25 years. The firm is based in New York City and serves clients both locally and nationwide. This allows the firm to have a diverse range of knowledge and expertise in handling different financial situations and goals.
H.L. Ormond & Company is dedicated to providing clients with comprehensive financial planning services, including retirement planning, investment management, tax planning, and estate planning. Their team of advisors are highly educated and qualified, with various certifications and licenses to ensure the best services for their clients.
Assets Under Management, Number of Advisors and Time in Business:
| Year Established | Assets Under Management | Number of Advisors |
|---|---|---|
| 1995 | $500 million | 10 |
Financial Services Offered
As a full-service financial advisory firm, H.L. Ormond & Company offers a wide range of services to assist clients in achieving their financial goals. These services include:
- Investment Management
- Retirement Planning
- Tax Planning and Preparation
- Estate Planning
- Insurance Services
- Wealth Management
Client Types
H.L. Ormond & Company works with a diverse range of clients, including high-net-worth individuals, families, and business owners. They also serve corporate clients by providing retirement plans and other financial services for their employees.
Fees & Compensation
At H.L. Ormond & Company, the fees and compensation are based on a percentage of assets under management, ensuring that the interests of the firm and its clients are aligned. This fee structure motivates the firm to continuously grow and preserve the value of their clients’ assets. Additionally, the firm may receive commissions for certain insurance products recommended to clients, but they are transparent about these potential compensation arrangements.
Background
H.L. Ormond & Company, LLC was founded by Harold L. Ormond, a highly experienced and knowledgeable financial advisor with over 35 years in the industry. Ormond has a diverse background in finance, economics, and law, making him an exceptional resource for clients seeking financial guidance. Throughout the years, the firm has established a stellar reputation for its personalized and comprehensive approach to financial planning.
Financial Advisor Disclosures to Know
As a registered investment advisor, H.L. Ormond & Company is required to provide full transparency to its clients. Clients can access the firm’s Form ADV, which outlines the firm’s services, fees, and its advisors’ background and qualifications. This form also discloses any potential conflicts of interest and any disciplinary actions taken against the firm or its advisors.
In conclusion, H.L. Ormond & Company, LLC is a reputable financial advisory firm that offers comprehensive services and personalized strategies to clients seeking financial guidance. With over 25 years of experience and a team of highly qualified advisors, the firm is well-equipped to help clients achieve their financial goals and build a secure financial future.