{
  "crd_number": 148209,
  "slug": "h-financial-management-canonsburg-pa-148209",
  "primary_business_name": "H FINANCIAL MANAGEMENT",
  "legal_name": "HOGE FINANCIAL SERVICES, LLC",
  "dbas": [],
  "city": "Canonsburg",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "38300",
  "metro": {
    "cbsa_code": "38300",
    "common_name": "Pittsburgh",
    "msa_name": "Pittsburgh, PA",
    "path": "/advisors/pa/pittsburgh"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2009-02-20",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-09-11",
  "carried_forward": false,
  "raum_total": 621882966.0,
  "raum_discretionary": 569640808.0,
  "raum_non_discretionary": 52242158.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 3079599.0,
      "count": 2
    },
    "individuals": {
      "raum": 121881348.0,
      "count": 378
    },
    "pension_profit_sharing": {
      "raum": 62709022.0,
      "count": 11
    },
    "high_net_worth_individuals": {
      "raum": 434212997.0,
      "count": 166
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "MD",
    "NC",
    "NH",
    "NY",
    "OH",
    "PA",
    "SC",
    "TX",
    "VA",
    "WV"
  ],
  "websites": [
    "https://hfinancialmanagement.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/148209",
  "city_as_filed": "CANONSBURG",
  "url": "https://advisorcensus.com/firm/h-financial-management-canonsburg-pa-148209",
  "display_name": "H Financial Management",
  "summary": "H Financial Management is an SEC-registered investment advisory firm in Canonsburg, PA, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 11, 2026.",
  "citation": "AdvisorCensus. H Financial Management (CRD 148209): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is H Financial Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), H Financial Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does H Financial Management charge?",
      "a": "Its Form ADV Part 2A brochure dated March 24, 2026 states: Up to $100,000: 1.25% a year; $100,001 to $250,000: 1.1% a year; $250,001 to $500,000: 0.9% a year; $500,001 to $1,000,000: 0.7% a year; Above $1,000,001: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is H Financial Management located?",
      "a": "H Financial Management's principal office is in Canonsburg, PA, according to its Form ADV."
    },
    {
      "q": "Is H Financial Management registered with the SEC or a state?",
      "a": "H Financial Management is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 148209."
    },
    {
      "q": "How much does H Financial Management manage?",
      "a": "H Financial Management reports $621,882,966 in regulatory assets under management in its Form ADV filing dated September 11, 2026 (92% discretionary)."
    },
    {
      "q": "How have H Financial Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for H Financial Management: Regulatory assets under management: $373,527,023 in the October 2021 data and $621,882,966 in the October 2026 data, up 66%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does H Financial Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (378); high net worth individuals (166); pension and profit sharing plans (but not the plan participants or government pension plans) (11)."
    },
    {
      "q": "Which custodians does H Financial Management use?",
      "a": "H Financial Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Investments as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does H Financial Management report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/148209"
    },
    {
      "q": "Does H Financial Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 24, 2026 says: \"HFM generally recommends an aggregate relationship minimum of $750,000 to commence an investment management engagement.\" \"HFM, in its discretion, may charge a lesser or higher investment advisory fee, charge a flat fee, waive its fee entirely, accept a lower relationship minimum\""
    },
    {
      "q": "What changed in H Financial Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $533,769,756 to $621,882,966 (+17%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 373527023.0,
      "total_employees": 5,
      "filing_date": "2021-09-14"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 441206792.0,
      "total_employees": 5,
      "filing_date": "2022-06-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 388083814.0,
      "total_employees": 5,
      "filing_date": "2023-07-17"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 460190214.0,
      "total_employees": 5,
      "filing_date": "2024-09-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 533769756.0,
      "total_employees": 6,
      "filing_date": "2025-07-15"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 621882966.0,
      "total_employees": 6,
      "filing_date": "2026-09-11"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $533,769,756 to $621,882,966 (+17%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in MD."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 24, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $100,000",
        "rate": "1.25%"
      },
      {
        "band": "$100,001 to $250,000",
        "rate": "1.1%"
      },
      {
        "band": "$250,001 to $500,000",
        "rate": "0.9%"
      },
      {
        "band": "$500,001 to $1,000,000",
        "rate": "0.7%"
      },
      {
        "band": "Above $1,000,001",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$750,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $100,000: 1.25% a year",
          "$100,001 to $250,000: 1.1% a year",
          "$250,001 to $500,000: 0.9% a year",
          "$500,001 to $1,000,000: 0.7% a year",
          "Above $1,000,001: 0.5% a year"
        ],
        "quotes": [
          "Our fee for portfolio management services is based on a percentage of the assets in your account and is set forth in the following annual blended tiered fee schedule:",
          "First $0 - $100,000 1.25% Next $100,001 - $250,000 1.10% Next $250,001 - $500,000 0.90% Next $500,001 - $1,000,000 0.70% Next $1,000,001 - Over 0.50%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $750,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "HFM generally recommends an aggregate relationship minimum of $750,000 to commence an investment management engagement.",
          "HFM, in its discretion, may charge a lesser or higher investment advisory fee, charge a flat fee, waive its fee entirely, accept a lower relationship minimum"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 100000.0,
          "rate_pct": 1.25
        },
        {
          "min": 100001.0,
          "max": 250000.0,
          "rate_pct": 1.1
        },
        {
          "min": 250001.0,
          "max": 500000.0,
          "rate_pct": 0.9
        },
        {
          "min": 500001.0,
          "max": 1000000.0,
          "rate_pct": 0.7
        },
        {
          "min": 1000001.0,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 750000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Our fee for portfolio management services is based on a percentage of the assets in your account and is set forth in the following annual blended tiered fee schedule:",
      "First $0 - $100,000 1.25% Next $100,001 - $250,000 1.10% Next $250,001 - $500,000 0.90% Next $500,001 - $1,000,000 0.70% Next $1,000,001 - Over 0.50%",
      "HFM generally recommends an aggregate relationship minimum of $750,000 to commence an investment management engagement.",
      "HFM, in its discretion, may charge a lesser or higher investment advisory fee, charge a flat fee, waive its fee entirely, accept a lower relationship minimum"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Investments",
      "name_as_filed": "FIDELITY INVESTMENTS",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/h-financial-management-canonsburg-pa-148209.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 378,
      "fewer_than_5": false,
      "raum": 121881348.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 166,
      "fewer_than_5": false,
      "raum": 434212997.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 11,
      "fewer_than_5": false,
      "raum": 62709022.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": false,
      "raum": 3079599.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/148209",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}