Hearthstone Financial Group offers ongoing portfolio management services designed around each client's specific goals, risk tolerance, time horizon, and financial situation. The firm creates a personalized investment policy statement for every client and helps build diversified portfolios primarily using equities, exchange-traded funds, mutual funds, and fixed income securities. Hearthstone Financial Group evaluates existing investments, monitors portfolios regularly, and uses modern portfolio theory to manage risk and expected returns. While the firm typically requires the authority to make trades without asking first, it also accommodates non-discretionary management when requested. In addition to investment management, some team members operate as independent insurance agents and registered representatives, providing access to commissionable insurance products and brokerage services, which creates potential conflicts of interest that the firm manages by adhering to a legal obligation to act in clients' best interests.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.00% |
| $250K - $500K | 0.95% |
| $500K - $1.0M | 0.90% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.70% |
Fees are generally negotiable. Fees are calculated based on the average daily balance of the account and billed monthly in arrears.