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hemming& Wealth Management, Inc.

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Client assets under management

$288,094,406

Clients

436

26% high-net worth

Advisors

4

of 9 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

109

Very High

Average account size

$660,767

About

hemming& Wealth Management provides investment advisory and financial planning services to individuals, high‑net‑worth clients, families, trusts, charitable organizations, businesses and retirement plans. The firm reports managing approximately $292.6 million in client assets and offers discretionary portfolio management, stand‑alone and ongoing financial planning, retirement‑plan advisory services, and a sub‑advisory consulting arrangement with a broker‑dealer.

The firm typically employs fundamental analysis and a generally long‑term investment strategy, constructing portfolios with ETFs, mutual funds, individual equities and fixed‑income securities tailored to clients’ goals and risk tolerances. hemming& manages most assets on a discretionary basis, conducts at least annual formal reviews, uses an institutional custody platform for trading and reporting, and may access held‑away employer or external accounts through third‑party access platforms at client direction.

What is distinctive for this team firm is that it provides and makes available performance reporting to clients and retirement plans as part of its services, and it operates a sub‑advisory/consulting relationship with a broker‑dealer. The firm also discloses an institutional relationship that provides research and economic benefits and notes that some advisory personnel are licensed to sell insurance products and may receive separate commission compensation, items the firm identifies and addresses in its disclosures.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Wealth management

Fee options

Fixed

Fixed engagement fees for financial planning services; ongoing planning offered for a fixed quarterly fee

Percentage

$0 - $250,000: 1.50% $250,001 - $500,000: 1.40% $500,001 - $1,000,000: 1.25% $1,000,001 - $2,000,000: 1.00% $2,000,001 - $4,000,000: 0.75% $4,000,001 - $6,000,000: 0.65% $6,000,001 - $8,000,000: 0.50% Over $8,000,000+: Negotiable

Commissions

Certain advisory persons are licensed insurance professionals and receive commissions for insurance products sold, separate from advisory fees

Project-based

Up to $500 per hour for project-based financial planning engagements

Subscriptions

Ongoing financial planning engagements offered for a fixed quarterly fee, payable in advance

Other

Account minimum: $500,000 Fee-only: Project-based financial planning engagements at up to $500/hour or a fixed engagement fee; ongoing financial planning offered for a fixed quarterly fee

Main office location

hemming& Wealth Management, Inc.

600 E. Front Street, Suite 201

Traverse City MI 49686, United States

Number of offices

1

Most active in

Florida · Michigan · Texas

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

Autumn S

CFP®, Series 66

Traverse City, MI

hemming& Wealth Management, Inc.

Autumn Soltysiak is a CFP® and holds a Series 66 license, with 22 years of industry experience. She has been with hemming& Wealth Management, Inc. since 2019 and previously worked at SAGEPOINT FINANCIAL from 2015 to 2019. Outside of advisory work, Autumn is involved in insurance sales. hemming& Wealth Management is a team-based SEC-registered advisor with four advisors managing approximately $253 million for individuals, families, trusts, charitable organizations, businesses, and retirement plans. The firm provides discretionary investment management, financial planning, and retirement plan advisory services, using a fundamental analysis-driven investment approach and offering formal performance reporting to clients and plan sponsors.

Wealth management
user avatar

Tanelle B

Series 65

Traverse City, MI

hemming& Wealth Management, Inc.

Tanelle Budd is a financial advisor at hemming& Wealth Management, Inc. with two years of industry experience. Prior to joining hemming&, she worked for six years at Edward Jones. Outside of her advisory role, she serves as a clerk for Cleveland Township in Cedar, Michigan. hemming& Wealth Management is a team-based SEC-registered firm with four advisors managing approximately $253 million. The firm provides discretionary investment management, financial planning, and retirement plan advisory services for individuals, families, trusts, charitable organizations, businesses, and retirement plans, employing a fundamental analysis approach and a mix of internal and external management resources.

Wealth management
user avatar

Jena P

Series 65

Traverse City, MI

hemming& Wealth Management, Inc.

Jena Posey is a financial advisor at hemming& Wealth Management, Inc. in Traverse City, MI, holding a Series 65 designation with two years of industry experience. Her prior work includes roles at Wealth Reimagined Group and Homewise Works, among others. hemming& Wealth Management is a team-based SEC-registered advisor managing approximately $253 million for individuals, families, trusts, charitable organizations, businesses, and retirement plans. The firm employs a fundamental analysis approach to portfolio construction using a mix of ETFs, mutual funds, equities, and fixed income, and distinguishes itself by disclosing performance results and providing formal reports to clients and plan sponsors.

Wealth management
user avatar

Dawn H

Series 63, Series 65

Traverse City, MI

hemming& Wealth Management, Inc.

Dawn Hemming is a financial advisor with hemming& Wealth Management, Inc. in Traverse City, MI, holding Series 63 and Series 65 licenses and bringing 33 years of industry experience. She previously worked at SagePoint Financial, Inc. for ten years before joining her current firm in 2019. Hemming is an owner and agent of an insurance business specializing in long-term care and life insurance and serves on the board of a privately held solar engineering firm. hemming& Wealth Management is a team-based SEC-registered advisor managing approximately $253 million for individuals, high-net-worth clients, families, trusts, charitable organizations, businesses, and retirement plans. The firm offers discretionary investment management, financial planning, and retirement plan advisory services, emphasizing fundamental analysis and portfolio construction with a generally long-term investment approach.

Wealth management
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