# Hoover Private Wealth, LLC

> Hoover Private Wealth, LLC is an SEC-registered investment advisory firm in Royal Oak, MI, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 336484
- Filed as: HOOVER PRIVATE WEALTH, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Royal Oak, MI
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/336484
- AdvisorCensus page: https://advisorcensus.com/firm/hoover-private-wealth-llc-royal-oak-mi-336484

## Quick answers

**How is Hoover Private Wealth, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Hoover Private Wealth, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Hoover Private Wealth, LLC located?**
Hoover Private Wealth, LLC's principal office is in Royal Oak, MI, according to its Form ADV.

**Is Hoover Private Wealth, LLC registered with the SEC or a state?**
Hoover Private Wealth, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 336484.

**How much does Hoover Private Wealth, LLC manage?**
Hoover Private Wealth, LLC reports $171,345,589 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (39% discretionary).

**What types of clients does Hoover Private Wealth, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (175); corporations or other businesses not listed above (35); high net worth individuals (12).

**Which custodians does Hoover Private Wealth, LLC use?**
Hoover Private Wealth, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Distributors Company LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Hoover Private Wealth, LLC 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/336484

**What changed in Hoover Private Wealth, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $132,000,000 to $171,345,589 (+30%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Distributors Company 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: $171,345,589
- Discretionary: $67,297,508
- Non-discretionary: $104,048,081

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 175 | $45,363,392 |
| High net worth individuals | 12 | $19,684,286 |
| Charitable organizations | Fewer than 5 | $1,094,242 |
| Corporations or other businesses not listed above | 35 | $105,203,669 |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2025 (0 years)
- Employees: 6 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- hooverprivatewealth.com
- LinkedIn @hoover-private-wealth

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $132,000,000 to $171,345,589 (+30%).

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hoover Private Wealth, LLC (CRD 336484): Form ADV filing data as of October 2026.