HCM Wealth

HCM Wealth is an independent, SEC-registered investment adviser that provides integrated investment management and financial planning to individuals, families, trusts, retirement plans and charitable organizations. The firm typically works with financially conservative, high-net-worth clients (it generally expects a $1,000,000 relationship minimum) and, less commonly for its peer group, also manages assets for state and municipal government clients.

The firm’s investment process emphasizes capital preservation and a value-oriented approach implemented through concentrated equity portfolios (typically 20–30 individual positions), laddered investment-grade fixed income and cash reserves, with asset allocation documented in a client-specific Investment Policy Guideline. HCM Wealth also uses sub-advisory relationships (including an option to enroll accounts with Dimensional Fund Advisors) and may allocate portions of client assets to unaffiliated independent managers while retaining supervisory oversight.

Notable features relative to similar team firms include managing roughly $942 million with a four-advisor team, resulting in a concentrated client roster and a proprietary, company-specific research process that supports long-term, low-turnover portfolios. The firm’s brochure also discloses recent material changes — including a change in trade name and updates to sub-advisory disclosures and principals — a type of disclosure event that is uncommon among comparable firms.