Hofer & Associates Wealth Management

Hofer & Associates Wealth Management provides discretionary and non-discretionary portfolio management and financial planning to individuals, high net worth clients, charitable organizations, and small businesses, managing approximately $216 million in client assets across about 300 relationships. Like many supported firms, it charges asset-based advisory fees and offers model portfolios and ongoing portfolio management for individual clients.

The firm generally manages accounts on a discretionary basis and employs a range of methods — including fundamental and technical analysis, modern portfolio theory, and both long- and short-term trading strategies — with firm-developed model portfolios used for varying risk tolerances. The brochure also discloses that the firm may advise on mutual funds, ETFs and, in certain cases, digital assets, and highlights that tax efficiency and custody limitations (notably for some digital assets) are important considerations that clients should address with their advisors.

Hofer & Associates discloses that certain supervised persons are licensed insurance agents who receive separate, commission-based compensation for selling insurance products, a practice the firm identifies as a potential conflict of interest. It is also noteworthy that a small advisory team oversees over $200 million in assets and that the firm requires and benefits from a custodial relationship with Charles Schwab, arrangements the brochure indicates can create operational or economic conflicts that clients should understand.