Hefty Wealth Partners, Inc. is a large advisory firm based in Auburn. It manages $207.82 million of regulatory assets for 1,120 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida, Indiana, Michigan, Ohio, and Texas.
Hefty Wealth Partners provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Hefty Wealth Partners, Inc. is $207.82 million, all of which is managed in discretionary accounts. 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 advisory firm has several streams of revenue. Clients pay Hefty Wealth Partners, Inc. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Hefty Wealth Partners is individuals with 388 clients and $103.86 million of assets under management. Among the 10 most similar advisory firms, Hefty Wealth Partners has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $205.22 million for 448 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.
Hefty Wealth Partners doesn't advise any private funds.
The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 10 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.
Edison Byzyka has served as the Chief Investment Officer since 1 Jan 2017 and David Wayne Hefty is the Chief Executive Officer of Hefty Wealth Partners, Inc. family office. Christina A Martinez joined the executive team most recently as the Chief Compliance Officer.
The principal office where Hefty Wealth Partners, Inc. performs its advisory services is located at 112 East 7 Th Street, Auburn, IN 46706, which is also the mailing address of the firm. An additional office of the firm is in Fort Wayne, IN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 260-927-1830 or by fax 260-927-1865. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at heftywealth.com.