Hughes Financial Services, LLC is a registered investment advisor based in Herndon, Virginia, offering investment management and financial planning services through a wrap-fee program called HFS Institutional Management. Hughes Financial Services builds customized investment portfolios using model portfolios, fundamental and cyclical analysis, modern portfolio theory, and both long-term and short-term purchase strategies. The firm acts in your best interest as a fiduciary when providing retirement and investment advice. Client accounts are held at Charles Schwab. In addition to investment portfolio management, Hughes Financial Services provides broad-based, consultative, or single-subject financial planning, helping clients define goals and develop strategies to achieve them. The firm also recommends independent managers or specialized platforms when appropriate for a client's needs.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.15% |
| $250K - $1.0M | 1.00% |
| $1.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.65% |
| $5M+ | 0.50% |
Fees may be negotiable based on anticipated future earning capacity, asset amount, and related accounts.