Hornor, Townsend & Kent, LLC

• A percentage of assets under your management
• Hourly charges
• Fixed fees (other than subscription fees)
• Other

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

The brochure lists different fees for different services or strategies. See the firm's brochure (dated April 24, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$9,014,857,753 as of October 2026, filing dated September 17, 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

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• 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
• Selection of other advisers (including private fund managers)

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

1999 (27 years)

Employees

Total: 485. Performing investment advisory functions: 426.

Wrap fee program participation

Yes.

Custodians (Schedule D, Section 5.K(3))

Assetmark Trust CompanyFidelity Brokerage Services LLCPershing 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.

Other offices (Schedule D, Section 1.F)

24 other offices, as of the October 2026 filing

Addison, TXAkron, OHAllentown, PABoca Raton, FLBrentwood, TNBurlington, MAChandler, AZCharlotte, NCColonial Heights, VAConshohocken, PAEdison, NJExton, PAGreensboro, NCGreenville, SCHolladay, UTHouston, TXLeawood, KSLittleton, CONew York, NYNorwalk, CTPittsburgh, PASt Louis, MOTampa, FLWoodstock, GA

States registered or notice-filed

51 states or jurisdictions

AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

3 Reports 3 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Regulatory matters Items 11.C to 11.G

• 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
• 11.E(2) Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
• 11.E(4) Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $2,932,012,743 in the October 2021 data and $9,014,857,753 in the October 2026 data, up 207%.

Total employees: 474 in October 2021 and 485 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.

1. October 2026
   • Updated its list of owners and control persons (Schedule A).
2. April 2026
   • Employees performing advisory functions went from 398 to 426.
   • Regulatory assets under management went from $7,753,847,039 to $9,014,857,753 (+16%).
   • Changed its office addresses in Exton, PA.
   • Changed its office addresses in Littleton, CO.
   • Changed its office addresses in New York, NY.
   • Added an office in Brentwood, TN.
   • Added an office in Colonial Heights, VA.
   • Added an office in Greensboro, NC.
   • Added an office in Greenville, SC.
   • Added an office in Holladay, UT.
   • Added an office in Houston, TX.
   • Added an office in Norwalk, CT.
   • Added an office in St Louis, MO.
   • Added an office in Tampa, FL.
   • No longer lists an office in Cincinnati, OH.
   • No longer lists an office in Draper, UT.
   • No longer lists an office in Franklin, TN.
   • No longer lists an office in Oklahoma City, OK.
   • No longer lists an office in Oshkosh, WI.
   • No longer lists an office in St George, UT.
   • No longer lists an office in Tucson, AZ.
   • No longer lists an office in Tulsa, OK.
   • No longer lists an office in Wilton, CT.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.