HORNOR, TOWNSEND & KENT, LLC

Broker-DealerFINRA MemberEst. 1999

Total AUM

$9B

Discretionary

$648M

7% of AUM

Accounts

28,369

Employees

485

Advisory reps

767

Brokerage reps

464

Firm details

Headquarters: CONSHOHOCKEN, Pennsylvania
CRD number: 4031
Registered since: February 25, 1999
Website: www.htk.com
Custodians: PERSHING LLC, ASSETMARK TRUST CO., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: Individuals80.16%
HNWI11.17%
Corporations / Businesses7.94%
Pension & Profit Sharing Plans0.61%
Charitable Organizations0.11%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Hornor, Townsend & Kent, LLC is an insurance broker-dealer that provides both brokerage and advisory services to individual, family, and institutional clients. The firm is SEC-registered (since 1999) and operates as an LLC. Its service mix includes financial planning, portfolio management for individuals, small businesses and institutional clients, pension consulting, and the selection of other advisers. Fee arrangements are varied and include percentage-of-AUM billing as well as hourly and fixed fees. The firm is not identified as an active ESG investor. The firm also maintains roles in the broader investment ecosystem: FINTRX lists affiliations that include acting as an insurance company, other registered investment adviser/CPO/CTA relationships, and serving as sponsor, general partner, or managing member of pooled investment vehicles. That structure suggests the firm combines brokerage and insurance distribution with some involvement in private pooled offerings and third-party manager selection.