HUGHES FINANCIAL SERVICES, LLC

RIASEC RegisteredEst. 2015
Total AUM
$760M
Discretionary
$748M
98% of AUM
Avg account
$327K
Accounts
2,327
Employees
12
Advisory reps
9

Firm details

Headquarters
HERNDON, Virginia
CRD number
173195
Registered since
February 2, 2015
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM
Client types
  • HNWI75.54%
  • Individuals24.43%
  • Charitable Organizations0.04%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Hughes Financial Services, LLC is a privately held limited liability company that has been SEC-registered since 2015 and operates as an insurance broker-dealer and registered investment adviser. The firm acts as a capital allocator for both individual/family and institutional clients, charging fees as a percentage of assets under management. Core advisory services listed include financial planning, portfolio management for individuals, small businesses and institutions, and selection of sub-advisers. The firm is not identified as an active ESG investor and does not describe itself as a multi-state or newly formed adviser. Hughes Financial also reports industry affiliations beyond its RIA role, including broker-dealer, trust company and insurance company relationships, which suggests it offers integration with insurance and custody/distribution channels in addition to discretionary portfolio management.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 91%, Exchange Traded Equities 5%, Cash & Cash Equivalents 4%91%
  • Public Funds/Mutual Funds91%
  • Exchange Traded Equities5%
  • Cash & Cash Equivalents4%

Contacts

3 of 9
  • Eleni Milligan

    Financial Planning AssociateCRD 8256053

  • BERKELEY MEREDITH

    Managing Partner, Financial AdvisorCRD 6968021

  • PAUL HUGHES

    Managing Partner, Financial AdvisorCRD 1061716

Unlock 6 more contacts

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 193

Active vs passive

$812M in ETFs

Passive

73%

$596M

Active

26%

$216M

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) SPDR(R) PORTFOLIO S&P 1500(R) COMPOSITE STOCK MARKET ETF (SPTM)State StreetPassiveLarge Blend$132M1,671,94116.29%

Location

Primary office

HERNDON, VA

FAIRFAX

Location

HERNDON, VA

Headquartered in HERNDON, VA, anchoring the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA metro in the South.

Metro area
Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Region
South
County
FAIRFAX
Address
2201 Cooperative Way
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth