{
  "crd_number": 121278,
  "slug": "hergenroeder-financial-advisors-inc-timonium-md-121278",
  "primary_business_name": "HERGENROEDER FINANCIAL ADVISORS, INC.",
  "legal_name": "HERGENROEDER FINANCIAL ADVISORS, INC.",
  "dbas": [],
  "city": "Timonium",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-01-26",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-02-04",
  "carried_forward": false,
  "raum_total": 304505678.0,
  "raum_discretionary": 304505678.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 134179514.0,
      "count": 323
    },
    "high_net_worth_individuals": {
      "raum": 170326164.0,
      "count": 98
    }
  },
  "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": [
    "AZ",
    "DE",
    "FL",
    "GA",
    "LA",
    "MD",
    "NC",
    "NH",
    "PA",
    "SC",
    "TX",
    "VA",
    "WV"
  ],
  "websites": [
    "https://facebook.com/HERGENROEDERFINANCIALADVISORSINC1",
    "https://hfainc.net",
    "https://linkedin.com/company/hergenroeder-financial-advisor/posts?feedView=all"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/121278",
  "city_as_filed": "TIMONIUM",
  "url": "https://advisorcensus.com/firm/hergenroeder-financial-advisors-inc-timonium-md-121278",
  "display_name": "Hergenroeder Financial Advisors, Inc.",
  "summary": "Hergenroeder Financial Advisors, Inc. is an SEC-registered investment advisory firm in Timonium, MD, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 4, 2026.",
  "citation": "AdvisorCensus. Hergenroeder Financial Advisors, Inc. (CRD 121278): 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 Hergenroeder Financial Advisors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Hergenroeder Financial Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Hergenroeder Financial Advisors, Inc.'s brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated February 4, 2026 states: Up to $500,000: 1.6% a year; $500,000 to $750,000: 1.4% a year; $750,001 to $1,000,000: 1.3% a year; $1,000,001 to $2,500,000: 1.2% a year; $2,500,001 to $5,000,000: 1% a year; Above $5,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Hergenroeder Financial Advisors, Inc. located?",
      "a": "Hergenroeder Financial Advisors, Inc.'s principal office is in Timonium, MD, according to its Form ADV."
    },
    {
      "q": "Is Hergenroeder Financial Advisors, Inc. registered with the SEC or a state?",
      "a": "Hergenroeder Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 121278."
    },
    {
      "q": "How much does Hergenroeder Financial Advisors, Inc. manage?",
      "a": "Hergenroeder Financial Advisors, Inc. reports $304,505,678 in regulatory assets under management in its Form ADV filing dated February 4, 2026 (100% discretionary)."
    },
    {
      "q": "How have Hergenroeder Financial Advisors, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Hergenroeder Financial Advisors, Inc.: Regulatory assets under management: $226,201,031 in the October 2021 data and $304,505,678 in the October 2026 data, up 35%. Total employees: 6 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 Hergenroeder Financial Advisors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (323); high net worth individuals (98)."
    },
    {
      "q": "Which custodians does Hergenroeder Financial Advisors, Inc. use?",
      "a": "Hergenroeder Financial Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Hergenroeder Financial Advisors, Inc. 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/121278"
    },
    {
      "q": "What changed in Hergenroeder Financial Advisors, Inc.'s recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 4 to 3."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 226201031.0,
      "total_employees": 6,
      "filing_date": "2021-02-27"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 253164757.0,
      "total_employees": 7,
      "filing_date": "2022-08-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 229479010.0,
      "total_employees": 7,
      "filing_date": "2023-02-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 248020736.0,
      "total_employees": 7,
      "filing_date": "2024-02-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 282693589.0,
      "total_employees": 7,
      "filing_date": "2025-03-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 304505678.0,
      "total_employees": 6,
      "filing_date": "2026-02-04"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 3."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 4, 2026",
    "tiers": [
      {
        "band": "Up to $500,000",
        "rate": "1.6%"
      },
      {
        "band": "$500,000 to $750,000",
        "rate": "1.4%"
      },
      {
        "band": "$750,001 to $1,000,000",
        "rate": "1.3%"
      },
      {
        "band": "$1,000,001 to $2,500,000",
        "rate": "1.2%"
      },
      {
        "band": "$2,500,001 to $5,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $5,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $500,000: 1.6% a year",
          "$500,000 to $750,000: 1.4% a year",
          "$750,001 to $1,000,000: 1.3% a year",
          "$1,000,001 to $2,500,000: 1.2% a year",
          "$2,500,001 to $5,000,000: 1% a year",
          "Above $5,000,000: see the brochure"
        ],
        "quotes": [
          "Market Value of Portfolio Annual Fee %\nUp to $500,000 1.60%\nBetween $500,000 and $750,000 1.40%\nBetween $750,001 and $1,000,000 1.30%\nBetween $1,000,001 and $2,500,000 1.20%\nBetween $2,500,001 and $5,000,000 1.00%"
        ]
      }
    ],
    "quotes": [
      "Market Value of Portfolio Annual Fee %\nUp to $500,000 1.60%\nBetween $500,000 and $750,000 1.40%\nBetween $750,001 and $1,000,000 1.30%\nBetween $1,000,001 and $2,500,000 1.20%\nBetween $2,500,001 and $5,000,000 1.00%"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL LLC",
      "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/hergenroeder-financial-advisors-inc-timonium-md-121278.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 323,
      "fewer_than_5": false,
      "raum": 134179514.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 98,
      "fewer_than_5": false,
      "raum": 170326164.0
    }
  ],
  "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/121278",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}