HANOVER ADVISORS, INC

RIASEC RegisteredEst. 2004
Total AUM
$355M
Discretionary
$353M
99% of AUM
Avg account
$545K
Accounts
651
Employees
3
Advisory reps
3

Firm details

Headquarters
SENECA, South Carolina
CRD number
119655
Registered since
June 7, 2004
Custodians
PERSHING LLC
Fee structure
Percentage of AUM, Other
Client types
  • HNWI83.67%
  • Individuals15.69%
  • Other0.64%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingPublication of Periodicals

Firm profile

FINTRX

Overview

Hanover Advisors, Inc. is an independent, SEC-registered registered investment adviser operating since 2004 and owned by an individual principal. The firm serves primarily individual and family clients, offering financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting and periodical publications. Compensation is billed on a percentage-of-AUM basis and through other fee arrangements. The firm was recognized by FA Magazine as a Top RIA Firm in 2020.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 82%, Exchange Traded Equities 15%, US Government Bonds 1%, State & Local Bonds 1%, Cash & Cash Equivalents 1%82%
  • Public Funds/Mutual Funds82%
  • Exchange Traded Equities15%
  • US Government Bonds1%
  • State & Local Bonds1%
  • Cash & Cash Equivalents1%

Owners & executives

1 of 1
  • STEPHEN MOLYNEAUX

    Chief Investment OfficerCRD 1523114

Contacts

2 of 2
  • LARRY BURNETTE

    Financial ConsultantCRD 1391850

  • FRANK JOHNSON

    OwnerCRD 1513031

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 105

Active vs passive

$249M in ETFs

Passive

85%

$211M

Active

4%

$37.6M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD TOTAL STOCK MARKET INDEX FUND (VTI)VanguardPassiveLarge Blend$59.1M184,26723.74%

Location

Primary office

SENECA, SC

OCONEE

Location

SENECA, SC

Headquartered in SENECA, SC, anchoring the Greenville-Spartanburg-Anderson, SC metro in the South.

Metro area
Greenville-Spartanburg-Anderson, SC
Region
South
County
OCONEE
Address
101 Rockwood Dr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth