How does the advisor help clients – Key Takeaways:
HERMENS CAPITAL MANAGEMENT, INC. is a financial management company that specializes in helping clients achieve their financial goals. With their expertise in the industry and commitment to providing top-quality services, they have become a trusted partner for individuals and businesses alike.
- Goal-oriented approach: The team at HERMENS CAPITAL MANAGEMENT, INC. works closely with clients to understand their financial goals and develop personalized strategies to achieve them.
- Comprehensive services: From financial planning to investment management, HERMENS CAPITAL MANAGEMENT, INC. offers a wide range of services to meet the diverse needs of their clients.
- Client education: In addition to managing clients’ portfolios, the advisors at HERMENS CAPITAL MANAGEMENT, INC. also strive to educate and empower them to make informed financial decisions.
Facts and Insights:
Here are some key facts and insights about HERMENS CAPITAL MANAGEMENT, INC.
- Founded in: 1995
- Founder: John Hermens
- Headquarters: New York, NY
- Total assets under management: Over $500 million
- Number of advisors: 10
- Services offered: Financial planning, investment management, retirement planning, estate planning, tax planning
- Client types: Individuals, families, small businesses
Assets Under Management, Number of Advisors and Time in Business:
The table below provides a breakdown of HERMENS CAPITAL MANAGEMENT, INC.’s assets under management, number of advisors and time in business:
| Year | Assets Under Management (in millions) | Number of Advisors |
|---|---|---|
| 2016 | $400 | 8 |
| 2017 | $450 | 9 |
| 2018 | $500 | 10 |
Financial Services Offered:
HERMENS CAPITAL MANAGEMENT, INC. offers a comprehensive range of financial services to help clients achieve their financial goals. Some of their services include:
- Financial planning: A holistic approach to managing finances that considers all aspects of a person’s financial life.
- Investment management: Developing and managing personalized investment portfolios based on the client’s risk tolerance and goals.
- Retirement planning: Helping clients plan for a financially secure retirement through saving, investing, and other strategies.
- Estate planning: Creating a plan to manage and distribute assets according to the client’s wishes in the event of their disability or death.
- Tax planning: Developing strategies to minimize tax liabilities and maximize tax efficiency.
Client Types:
HERMENS CAPITAL MANAGEMENT, INC. serves a diverse range of clients, including:
- Individuals: Helping individuals build and manage their wealth, plan for retirement, and reach their financial goals.
- Families: Providing comprehensive financial services to meet the unique needs of families, including education planning, wealth transfer, and legacy planning.
- Small businesses: Offering customized financial solutions for small businesses, including retirement plans, investment management, and employee benefits.
Fees & Compensation:
HERMENS CAPITAL MANAGEMENT, INC. typically charges a percentage of assets under management for its services. The exact fee can vary depending on the type of service and the size of the portfolio. They also offer fee-based financial planning