The Herbst Group, LLC

RIASEC RegisteredEst. 2020

Total AUM

$205M

Discretionary

$205M

100% of AUM

Avg account

$696K

Accounts

294

Employees

7

Advisory reps

3

Firm details

Headquarters: ,
CRD number: 309319
Registered since: June 5, 2020
Website: herbstgroup.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM
Client types: HNWI80.95%
Individuals14.72%
Charitable Organizations3.38%
Pension & Profit Sharing Plans0.71%
Corporations / Businesses0.23%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

The Herbst Group, LLC is an independent, owner-operated registered investment adviser organized as an LLC and registered with the SEC in 2020. The firm focuses on individuals and families and charges clients on a percentage-of-AUM basis. Core services include financial planning and discretionary portfolio management for individual and small-business clients, portfolio management for businesses or institutions, and pension consulting. The firm does not identify as an ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

CRM & tech providers

TAMPs used

Clients

Client base

Client personas

Asset composition

Exchange Traded Equities79%
State & Local Bonds10%
US Government Bonds3%
Cash & Cash Equivalents3%
Investment Grade Corp Bonds2%

Owners & executives

2 of 2

Gabrielle Magdziarz
Chief Compliance OfficerCRD 5832218
Brian Herbst
CEO and co-CIOCRD 5125974

Contacts

1 of 1

Omeed Zarrin
SVP, Business DevelopmentCRD 6069219

Wealth teams

Newly hired reps

Recent M&A activity

Recent filings

Awards

ETF holdings

1 of 56

Active vs passive

$142M in ETFs

Passive

88%

$125M

Active

9%

$16.9M

ETF	Provider	Style	Category	Value	Shares	% of portfolio
INVESCO QQQ TRUST SERIES 1 (QQQ)	Invesco	Passive	Large Growth	$10.3M	13,934	7.22%

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Primary office

, null

Location

, null

Headquartered in , null.

Office locations

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