AdvisorCensus / Financial advisors / Hendershot Investments, Inc.
Hendershot Investments, Inc. is an SEC-registered investment advisory firm, registered since 2004, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.
Quick answers
From the filingHow is Hendershot Investments, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Hendershot Investments, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; subscription fees (for a newsletter or periodical); fixed fees (other than subscription fees).
Is Hendershot Investments, Inc. registered with the SEC or a state?
Hendershot Investments, Inc. is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 115472.
How much does Hendershot Investments, Inc. manage?
Hendershot Investments, Inc. reports $1,070,570,296 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).
How have Hendershot Investments, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Hendershot Investments, Inc.: Regulatory assets under management: $545,538,554 in the October 2021 data and $1,070,570,296 in the October 2026 data, up 96%. 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.
What types of clients does Hendershot Investments, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (292); high net worth individuals (224); pension and profit sharing plans (but not the plan participants or government pension plans) (5).
Which custodians does Hendershot Investments, Inc. use?
Hendershot Investments, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Hendershot Investments, Inc. report any disciplinary disclosures?
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/115472
Does Hendershot Investments, Inc. state an account minimum?
Its Form ADV Part 2A brochure dated March 27, 2026 says: "Hendershot Investments imposes a minimum account size of $250,000 in cash and/or securities in order to provide portfolio management services but may waive this minimum at its discretion."
What changed in Hendershot Investments, Inc.'s recent Form ADV filings?
In the April 2026 filing data: Registered or notice-filed in OR.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Subscription fees (for a newsletter or periodical)
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $250,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Hendershot Investments imposes a minimum account size of $250,000 in cash and/or securities in order to provide portfolio management services but may waive this minimum at its discretion.
As stated in the firm's Form ADV Part 2A brochure dated March 27, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,070,570,296 as of October 2026, filing dated March 27, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Publication of periodicals or newsletters
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2004 (22 years)
- Employees
- Total: 6. Performing investment advisory functions: 4.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
22 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,070,570,296 | 6 | March 27, 2026 |
| October 2025 | $984,689,215 | 6 | March 28, 2025 |
| October 2024 | $883,327,423 | 5 | March 27, 2024 |
| October 2023 | $813,842,058 | 5 | March 29, 2023 |
| October 2022 | $866,251,369 | 5 | March 29, 2022 |
| October 2021 | $545,538,554 | 5 | March 26, 2021 |
Regulatory assets under management: $545,538,554 in the October 2021 data and $1,070,570,296 in the October 2026 data, up 96%.
Total employees: 5 in October 2021 and 6 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Registered or notice-filed in OR.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Hendershot Investments, Inc. (CRD 115472): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/hendershot-investments-inc-115472