H. L. Ormond & Company, LLC

H. L. Ormond & Company, LLC provides discretionary and non‑discretionary investment management to individuals (including high‑net‑worth clients), trusts, estates, charitable organizations, retirement plans and businesses, managing about $401 million in client assets and working with a small advisory team. The firm also offers retirement plan services (including ERISA 3(21) and 3(38) roles) and SIMPLE IRA plan oversight and consulting.

The firm’s stated investment philosophy — its “Three Rules of Equity Investing” — emphasizes owning quality, diversification, and patience, and it generally builds long‑term, equity‑biased, diversified portfolios. Portfolios are constructed from mutual funds, ETFs, individual bonds and equities, REITs and, where appropriate, third‑party managed account strategies; HLO uses both fundamental and technical analysis and offers multiple service platforms (a Direct Platform, AMS managed wrap programs, and an Outside Manager dual‑contract wrap option).

Distinctive features include a relationship with Raymond James — HLO routinely uses AMS wrap programs and an Outside Manager (OSM) dual‑contract structure for clients — and the firm’s Advisory Persons are licensed insurance professionals who may independently recommend and sell insurance products and receive commission‑based compensation separate from advisory fees. The brochure discloses this insurance activity and the related conflicts of interest, and notes that such insurance implementations are separate from HLO’s advisory services and are not required of clients.