HUGHES FINANCIAL SERVICES, LLC
Adviser information for HUGHES FINANCIAL SERVICES, LLC last updated from Form ADV on January 30th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Virginia, United States |
Employees
| Total Number of Employees | 10 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 7 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,863 | $469.8M |
| Non-Discretionary | 876 | $40.3M |
| Total | 2,739 | $510.0M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 622 | $296.2M |
| HNW Individuals | 94 | $213.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 700 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUM |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 496.1M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| HFS INSTITUTIONAL | HUGHES FINANCIAL SERVICES, LLC |
Identifiers
| SEC RIA File Number | 801-80866 |
|---|---|
| SEC ERA File Number | 801-80866 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 173195 |
| Legal Entity Identifier | None |
Principal Office
2201 COOPERATIVE WAYSUITE 150
HERNDON
VA
United States
Monday - Friday, 8:30 A.M. - 5:00 P.M.
Tel: 703-669-3660, Fax: 703-880-4905
Websites
Chief Compliance Officer
JO ANN WEINHARDT
OPERATIONS MANAGER
2201 COOPERATIVE WAY
SUITE 150
HERNDON
VA
United States
Tel:
703-669-3660
Fax:
703-880-4905
J*********@*******M
(Full email address available in API data)
Regulatory Contact
PAUL T. HUGHES
MANAGING MEMBER
2201 COOPERATIVE WAY
SUITE 150
HERNDON
VA
United States
Tel:
703-669-3660
Fax:
703-880-4905
P******@*******M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HUGHES, DANIEL, SCOTT | Individual | – | MANAGING MEMBER | 05/2009 | < 5% |
| HUGHES, PAUL, THOMAS | Individual | – | MANAGING MEMBER | 05/2009 | < 5% |
| HUGHES, PATRICK, THOMAS | Individual | – | MANAGING MEMBER | 06/2016 | < 5% |
| WEINHARDT, JO ANN, CIZEK | Individual | – | CHIEF COMPLIANCE OFFICER | 10/2017 | < 5% |
| BLUESPRING WEALTH PARTNERS, LLC | Domestic Entity | – | PARTNERSHIP | 12/2023 | > 75% |
| KESTRA FINANCIAL, INC. | Domestic Entity | BLUESPRING WEALTH PARTNERS, LLC | OWNER | 04/2017 | > 75% |
| KESTRA ADVISOR SERVICES HOLDINGS C, INC. | Domestic Entity | KESTRA FINANCIAL, INC. | OWNER | 10/2014 | > 75% |
| KESTRA ADVISOR SERVICES HOLDINGS B, INC. | Domestic Entity | KESTRA ADVISOR SERVICES HOLDINGS C, INC. | OWNER | 10/2014 | > 75% |
| KESTRA ADVISOR SERVICES HOLDINGS A, INC. | Domestic Entity | KESTRA ADVISOR SERVICES HOLDINGS B, INC. | OWNER | 10/2014 | > 75% |
| OAK HILL CAPITAL PARTNERS VI (ONSHORE), L.P. | Domestic Entity | OHCP VI ENZO AGGREGATOR, L.P. | LIMITED PARTNER | 02/2023 | 25-50% |
| KINGFISHERHOLDING B, INC. | Domestic Entity | KESTRA ADVISOR SERVICES HOLDINGS A, INC. | OWNER | 06/2019 | > 75% |
| KINGFISHERHOLDING A, INC. | Foreign Entity | KINGFISHERHOLDING B, INC. | OWNER | 06/2019 | > 75% |
| KINGFISHER HOLDING L.P. | Domestic Entity | KINGFISHERHOLDING A, INC. | OWNER | 06/2019 | > 75% |
| OHCP VI ENZO AGGREGATOR, L.P. | Domestic Entity | KINGFISHER HOLDING L.P. | LIMITED PARTNER | 02/2023 | 25-50% |
| OAK HILL CAPITAL PARTNERS VI (TE892), L.P. | Domestic Entity | OHCP VI ENZO AGGREGATOR, L.P. | LIMITED PARTNER | 02/2023 | 25-50% |
| WARBURG PINCUS FINANCIAL SECTOR, L.P. | Domestic Entity | KINGFISHER HOLDING L.P. | LIMITED PARTNER | 06/2019 | 25-50% |
| KINGFISHER HOLDING GP, LLC | Domestic Entity | KINGFISHER HOLDING L.P. | GENERAL PARTNER | 06/2019 |