Hesen & Haslam

Hesen & Haslam provides investment advisory and planning services primarily to individuals (including high-net-worth clients), as well as trusts, employer retirement plans, and business entities. The firm manages about $283.7 million in client assets and offers asset management, standalone financial planning, retirement plan consulting, and wrap Wealth Management and Wrap Comprehensive programs (see Part 2A, Appendix 1).

As a fiduciary with a retirement-income orientation, the firm emphasizes individualized portfolio management and periodic reviews, combining a disciplined fixed-income process (constraining duration and targeting sector allocations) with access to LPL-sponsored model and manager programs (MAS, MWP, OMP, PWP) and third-party money managers. Hesen & Haslam uses a range of instruments—including mutual funds, ETFs, options, REITs, alternative investments, and variable annuities—selecting strategies to match client objectives and risk tolerances and offering both discretionary and non-discretionary management.

Noteworthy for a firm of its size, Hesen & Haslam acts as a wrap-fee program sponsor (an uncommon feature among peers) and its representatives are dually registered as LPL broker-dealer representatives and licensed insurance agents. The brochure discloses potential conflicts tied to commissionable sales and to LPL-provided benefits (including transition assistance and loans related to platform assets), and states the firm will evaluate and disclose these conflicts while serving in ERISA fiduciary capacities for retirement plan clients.