# Hergenroeder Financial Advisors, Inc.

> 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.

- CRD: 121278
- Filed as: HERGENROEDER FINANCIAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Timonium, MD
- Filing period: October 2026
- Form ADV filing dated: February 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/121278
- AdvisorCensus page: https://advisorcensus.com/firm/hergenroeder-financial-advisors-inc-timonium-md-121278

## Quick answers

**How is Hergenroeder Financial Advisors, Inc. compensated?**
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).

**How much does Hergenroeder Financial Advisors, Inc. charge?**
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; Flat fee: $1,500 to $15,000 (financial planning and/or consulting services…); Hourly rate: $250 an hour (financial planning and/or consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Hergenroeder Financial Advisors, Inc. located?**
Hergenroeder Financial Advisors, Inc.'s principal office is in Timonium, MD, according to its Form ADV.

**Is Hergenroeder Financial Advisors, Inc. registered with the SEC or a state?**
Hergenroeder Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 121278.

**How much does Hergenroeder Financial Advisors, Inc. manage?**
Hergenroeder Financial Advisors, Inc. reports $304,505,678 in regulatory assets under management in its Form ADV filing dated February 4, 2026 (100% discretionary).

**How have Hergenroeder Financial Advisors, Inc.'s assets and staff changed since 2021?**
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.

**What types of clients does Hergenroeder Financial Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (323); high net worth individuals (98).

**Which custodians does Hergenroeder Financial Advisors, Inc. use?**
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.

**Does Hergenroeder Financial Advisors, 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/121278

**What changed in Hergenroeder Financial Advisors, Inc.'s recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 4 to 3.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 4, 2026)

- 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

> Market Value of Portfolio Annual Fee % Up to $500,000 1.60% Between $500,000 and $750,000 1.40% Between $750,001 and $1,000,000 1.30% Between $1,000,001 and $2,500,000 1.20% Between $2,500,001 and $5,000,000 1.00%

- Flat fee: $1,500 to $15,000 (financial planning and/or consulting services…)

> Registrant's planning and consulting fees are negotiable, but generally range from $1,500 to $15,000 on a fixed fee basis, depending upon the level and scope of the service(s) required and the professional(s) rendering the service(s).

- Hourly rate: $250 an hour (financial planning and/or consulting services)

> The Registrant may also provide financial planning and/or consulting services on an hourly rate basis at $250 per hour, which is negotiable depending on the scope and complexity of the plan, your situation, and your financial objectives.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $304,505,678
- Discretionary: $304,505,678
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 323 | $134,179,514 |
| High net worth individuals | 98 | $170,326,164 |

### 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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 6 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, DE, FL, GA, LA, MD, NC, NH, PA, SC, TX, VA, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- hfainc.net
- Facebook @HERGENROEDERFINANCIALADVISORSINC1
- LinkedIn @hergenroeder-financial-advisor

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $226,201,031 | 6 | February 27, 2021 |
| October 2022 | $253,164,757 | 7 | August 26, 2022 |
| October 2023 | $229,479,010 | 7 | February 6, 2023 |
| October 2024 | $248,020,736 | 7 | February 27, 2024 |
| October 2025 | $282,693,589 | 7 | March 5, 2025 |
| October 2026 | $304,505,678 | 6 | February 4, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 4 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hergenroeder Financial Advisors, Inc. (CRD 121278): Form ADV filing data as of October 2026.