Hallador Investment Advisors, Inc.
- Regulatory AUM
- $271M
- Discretionary
- $271M
- Clients
- 16
- Avg AUM / client
- $16.9M
- Accounts
- 14
- Employees
- 9
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1 | $7.1K | 0.0% |
| High net worth individuals | 8 | $7.3M | 2.69% |
| Pooled investment vehicles (non-investment companies) | 7 | $263M | 97.3% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $291M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Hallador Alternative Assets Fund Llc | Other Private Fund | Delaware | $176M | 3 |
| Hallador Balanced Fund Llc | Other Private Fund | Delaware | $82.2M | 31 |
| The Moka Fund Lp | Hedge Fund | Delaware | $28.6M | 19 |
| Hallador Cash Fund Lp | Liquidity Fund | California | $4.8M | 23 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hardie, David, Clyde | Executive Chairman Of The Board | May 2004 (22y) | 75% or more | |
| Hourigan, Aileen, Margaret | Chief Financial Officer/Chief Compliance Officer | Jun 2018 (8y) | Less than 5% | |
| Leary, Kevin, Daniel | President And Ceo | Jun 2018 (8y) | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $291M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Hallador Alternative Assets Fund Llc | Other Private Fund | $176M | $500K | 3 |
| Hallador Balanced Fund Llc | Other Private Fund | $82.2M | $500K | 31 |
| The Moka Fund Lp | Hedge Fund | $28.6M | $500K | 19 |
| Hallador Cash Fund Lp | Liquidity Fund | $4.8M | $0 | 23 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 2.16 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • PERCENTAGE OF INVESTMENT PROCEEDS FROM A PORTFOLIO INVESTMENT
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Selection of other advisers
Custody
Reported custodians
- National Financial Services (Fidelity) $7.3M (3% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗