Hantz Financial Services, Inc. is a large advisory firm based in Southfield. It manages $1.96 billion of regulatory assets for 31,625 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Hantz Financial Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for approximately 15,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
Hantz Financial Services: assets under management
The assets under management (AUM) of Hantz Financial Services, Inc. is $1.96 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 233% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $1.96 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $61.99 thousand each.
Investments
The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 41% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.
