Randall Hoover
Randall Hoover is a ChFC-designated registered investment advisor at Hoover Private Wealth, LLC, based in Royal Oak, MI, with 37 years of industry experience. Randall operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 76 clients with $130M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
HPW offers wealth management services for an annual fee based on the value of your portfolio. This fee ranges from 0.25% to 1.50% per year, depending on the size and composition of your portfolio, the services provided, and who is providing the services. The fee is calculated monthly based on the average daily balance of your account. HPW may negotiate a different fee rate for certain client holdings, such as held-away assets or alternative investments.
Location
3123 Crooks Road, Royal Oak, MI, 48073
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Randall sells group health, life, disability, fixed life, term, and fixed index annuities through various companies, and receives commissions from associations. He also assists his wife with her real estate business, is a member/secretary of ProAdvisor Insurance Agency, LLC, and serves as trustee for two trusts.
Employment History
Current Registrations
Hoover Private Wealth, LLC
Previous Registrations
Spc
Sigma Financial CorporationBroker
AXA Advisors, LLCBroker
The Equitable Life Assurance Society of the United StatesBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.