How does the advisor help clients – Key Takeaways:
Hornor, Townsend & Kent, LLC (HTK) is a financial services firm that prides itself on providing expert financial advice to clients. With a team of experienced and knowledgeable advisors, HTK is committed to helping clients achieve their financial goals and secure their futures.
Some key takeaways that exemplify how HTK helps clients include:
- Providing personalized and comprehensive financial plans tailored to each client’s specific needs and goals.
- Offering a wide range of financial services, including investment management, retirement planning, insurance, and tax planning.
- Continuously monitoring and adapting clients’ portfolios to ensure their investments are in line with their goals and risk tolerance.
- Maintaining open and transparent communication with clients to keep them informed and educated about their investments and financial strategies.
Facts and Insights:
HTK was founded in 1969 and has been providing financial services for over five decades. In addition, HTK has over 2,000 advisors located across the United States, helping a diverse range of clients and communities.
The firm’s parent company, Advisor Group, is one of the largest networks of independent wealth management firms in the country, providing HTK with the resources and support needed to serve clients efficiently and effectively.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management (AUM) | Number of Advisors | Time in Business |
|---|---|---|
| $53 billion | 2,000+ | 52 years |
Financial Services Offered:
HTK offers a wide range of financial services to help clients achieve their goals and secure their financial futures. These services include:
- Investment Management
- Retirement Planning
- Insurance
- Tax Planning
- Estate Planning
- Education Planning
Client Types:
HTK serves a diverse range of clients, including individuals, families, small businesses, and institutions. The firm’s advisors have the expertise and resources to assist clients at all stages of their financial journeys.
Fees & Compensation:
HTK’s advisors are compensated through a variety of methods, including commission, fee-based, and fee-only structures. This allows clients to choose the compensation model that best fits their needs and preferences.
In addition, HTK fully discloses all fees and compensation structures to clients, ensuring transparency and trust in the client-advisor relationship.
Background:
HTK is a registered investment advisor and a member of FINRA and SIPC. This means the firm adheres to strict industry regulations and standards, providing clients with peace of mind and assurance that their investments are in safe hands.
The firm’s advisors also hold various certifications, including Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC), Certified Financial Planner (CFP), and many more. This demonstrates HTK’s commitment to ongoing education and expertise in the financial services industry.
Financial Advisor Disclosures to Know:
HTK is committed to maintaining transparency and disclosure with clients. Some important disclosures to note include:
- HTK has faced a few regulatory actions in the past, including a fine from FINRA in 2016 for failing to supervise certain securities transactions.
- The firm has also received some customer complaints and arbitration claims, although these make up a small percentage of the firm’s overall client base.
- Some advisors at HTK also have outside business activities, which are disclosed to clients and must adhere to the firm’s code of conduct and regulations.
Overall, HTK strives to maintain transparency and open communication with clients, ensuring they are fully informed and educated about their financial strategies and any potential risks.