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Hackman Financial Group

Updated today

Client assets under management

$320,322,498

Clients

432

43% high-net worth

Advisors

5

of 9 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

86

High

Average account size

$741,487

About

Hackman Financial Group provides discretionary investment management, financial planning, and retirement-plan advisory services to individuals, high-net-worth clients, trusts, estates, businesses, charitable organizations and retirement plans. The six-advisor team manages approximately $336.5 million for about 432 clients and offers ongoing portfolio supervision and client reporting consistent with fiduciary duties.

The firm’s investment approach is primarily long-term and portfolio-driven, constructing diversified allocations that may include mutual funds, ETFs, equities, fixed income and REITs, and occasionally employing independent managers for portions of client assets. Hackman Financial Group uses fundamental, technical and charting analysis to guide security selection and monitors accounts for rebalancing, tax harvesting and cash needs; it also provides ERISA-aware retirement plan advisory services.

A distinctive feature is that the firm sponsors a wrap-fee program that expressly bundles securities transaction costs into its asset-based advisory fee (see the Wrap Fee Program Brochure supplement), a practice relatively uncommon among similar team firms. The brochure also discloses related operational details: the firm typically recommends LPL Financial as custodian and receives related platform benefits, and several supervised persons operate in dual roles as registered representatives and licensed insurance professionals—arrangements the firm discloses and says are overseen through its compliance program and Chief Compliance Officer reviews.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Retirement plans for business owners (SEP, solo 401k) Business succession planning Tax strategies for small businesses Wealth management Real estate investing

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Fixed fees for financial planning engagements typically up to $5,000; some complex engagements may exceed $5,000.

Percentage

$0+: 0.30% to 1.50% annually (range based on factors such as complexity, assets under management, and relationship) $0+: Up to 1.50% annually for retirement plan advisory services

Commissions

Advisory Persons may receive commissions for securities transactions and insurance products in their separate capacities as registered representatives or insurance professionals; these commissions are separate from advisory fees.

Project-based

Up to $250 per hour for financial planning services.

Other

Account minimum: Hackman Financial Group generally does not impose a minimum size for establishing a relationship, however certain Independent Managers may impose a minimum fee. Fee-only: Investment advisory fees based on assets under management, financial planning fees charged hourly or fixed fee; no commissions on advisory services.

Main office location

Hackman Financial Group

7355 E. Kemper Road

Cincinnati OH 45249, United States

Number of offices

1

Most active in

Florida · Illinois · Indiana · Kentucky · New Hampshire · Ohio · South Carolina

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

John S

Series 63

Cincinnati, OH

Hackman Financial Group

John Spencer is a financial advisor with Hackman Financial Group in Cincinnati, OH, holding a Series 63 designation and bringing 30 years of industry experience. He has worked at Hackman Financial Group since 2016 and has been affiliated with LPL Financial LLC since 2015. Outside of his advisory role, he serves as a rugby referee for the Ohio Rugby Referees Society. Hackman Financial Group is a six-advisor team managing approximately $336.5 million for around 432 clients. The firm provides discretionary investment management, financial planning, and retirement-plan advisory services, employing a primarily long-term, portfolio-driven investment approach with diversified allocations across multiple asset classes.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Tax strategies for small businesses Wealth management Real estate investing Founder/Business Owner Executive
user avatar

Stephen H

Series 66

Cincinnati, OH

Hackman Financial Group

Stephen Hackman is a financial advisor at Hackman Financial Group in Cincinnati, OH, with three years of industry experience. He holds the Series 66 designation and has prior experience at Ernst & Young LLP. Hackman also serves as a financial advisor for non-variable insurance. Hackman Financial Group is a six-advisor team managing approximately $336.5 million for around 432 clients. The firm provides discretionary investment management, financial planning, and retirement-plan advisory services, utilizing a long-term, portfolio-driven approach with diversified allocations and ERISA-aware retirement plan advisory.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Tax strategies for small businesses Wealth management Real estate investing Founder/Business Owner Executive
user avatar

Steven N

Series 63

Cincinnati, OH

Hackman Financial Group

Steven Nguyen is a financial advisor with Hackman Financial Group in Cincinnati, Ohio, holding a Series 63 designation and 30 years of industry experience. He has been with Hackman Financial Group since 2016 and also maintains a long-term association with LPL Financial LLC. Outside of his advisory work, Nguyen serves as an assistant varsity men's golf coach for Lakota Local Schools and participates as a high school baseball umpire with the Butler County Umpires Association. Hackman Financial Group is a six-advisor team providing discretionary investment management, financial planning, and retirement-plan advisory services to individuals, high-net-worth clients, trusts, estates, businesses, and charitable organizations. The firm employs a primarily long-term, portfolio-driven investment approach, utilizing diversified allocations and various analytical methods to guide security selection and account monitoring.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Tax strategies for small businesses Wealth management Real estate investing Founder/Business Owner Executive
user avatar

Joseph J

Series 63, Series 65

Cincinnati, OH

Hackman Financial Group

Joseph Jones is a financial advisor with Hackman Financial Group in Cincinnati, OH, holding Series 63 and Series 65 licenses and bringing 27 years of industry experience. He has worked at Ameriprise Financial Services, Inc. for 13 years and has been with Hackman Financial Group and LPL Financial LLC since 2022. Outside of his advisory role, he is a partner and co-owner of 4Majors Lawn & Landscape, a landscaping business. Hackman Financial Group is a six-advisor team managing approximately $336.5 million for around 432 clients. The firm provides discretionary investment management, financial planning, and retirement-plan advisory services, employing a long-term, portfolio-driven investment approach with diversified allocations and ongoing portfolio supervision consistent with fiduciary duties.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Tax strategies for small businesses Wealth management Real estate investing Founder/Business Owner Executive
user avatar

Michael H

Series 63

Cincinnati, OH

Hackman Financial Group

Michael Hackman is a financial advisor with Hackman Financial Group in Cincinnati, OH, holding a Series 63 license and over 38 years of industry experience. He has been with Hackman Financial Group since 2016 and has also worked at LPL Financial since 2009. Outside of his advisory role, he is involved in the sale of medical, life, disability, and long-term care insurance. Hackman Financial Group is a six-advisor team managing approximately $336.5 million for around 432 clients. The firm provides discretionary investment management, financial planning, and retirement-plan advisory services, employing a primarily long-term, portfolio-driven investment approach that includes diversified allocations and independent manager selections.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Tax strategies for small businesses Wealth management Real estate investing Founder/Business Owner Executive
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