Hfg Advisors, Inc.
- Regulatory AUM
- $427M
- Discretionary
- $347M
- Clients
- 675
- Avg AUM / client
- $632K
- Accounts
- 2,091
- Employees
- 9
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Aug 04, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 471 | $70.2M | 16.5% |
| High net worth individuals | 196 | $340M | 79.7% |
| Pension and profit sharing plans | Fewer than 5 clients | $4.3M | 1.0% |
| Charitable organizations | Fewer than 5 clients | $1.5M | 0.35% |
| Corporations and other businesses | 8 | $10.4M | 2.44% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Pct 401(k) Plan Cincinnati Copiers, Inc. | 2024 |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Michael Robert Hackman | President And Chief Compliance Officer | Nov 2015 (11y) | 75% or more | |
| John Charles Spencer | Registered representative | Jun 2016 (10y) | ||
| Steven Duc Nguyen | Registered representative | Jun 2016 (10y) | ||
| Stephen Michael Hackman | Registered representative | Jun 2022 (4y) | ||
| Joseph Luke Jones | Registered representative | Jun 2022 (4y) |
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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Pct 401(k) Plan | Cincinnati Copiers, Inc. | 260 | $30.8M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/14/2026 | 996 KB | 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
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- LPL Financial $427M (100% of AUM) Apr 2026
- Charles Schwab & Co. $30.0M (13% of AUM) May 2023
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: Aug 04, 2026.
View current Form ADV (SEC/IAPD) ↗