RH
CFP
RH
CFP

Randall Hoover

10 Years of Experience
Royal Oak, MI
Sells Insurance

Randall Hoover is a CFP-designated registered investment advisor at Hoover Private Wealth, LLC, based in Royal Oak, MI, with 10 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
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2 advisors
Number of Clients
76 clients
Average Client Portfolio
$1.7M average
Assets Under Management
$132.0M

Fee Structure

Planning is included in investment management (also available separately)

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.

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Location

3123 Crooks Road, Royal Oak, MI, 48073

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Randall operates under the DBA Hoover Associates and is an employee at TreeShirts LLC, dedicating about 10-20% of his time. He is also an independently licensed insurance agent and participates in competitive fishing tournaments, as well as owning Madagascar Labs to help content creators with printed publications.

Employment History
Current Registrations
Hoover Private Wealth, LLC
July 2025 - Present · 10 mos
Previous Registrations
Spc
May 2017 - July 2025 · 8 yrs 2 mos
Sigma Financial CorporationBroker
December 2016 - July 2025 · 8 yrs 7 mos
AXA Advisors, LLCBroker
August 2015 - December 2016 · 1 yr 4 mos
State Registrations1 state
MI
Advisor

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.

Exams
No exam information available for this advisor.
Randall Hoover - Financial Advisor | TrueAdvisor