Hya Advisors, Inc (Springfield)

Name: Hya Advisors, Inc
Address: 1256 E Kingsley St, Springfield, MO, 65804 7211
Telephone: 417-882-7283

Hya Advisors, Inc is a large advisory firm based in Springfield. It manages $482.63 million of regulatory assets for 1,725 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, Arkansas, California, and 7 other states.

Hya Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hya Advisors: assets under management

The assets under management (AUM) of Hya Advisors, Inc is $482.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 767% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $482.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $279.78 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 71% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 12% of the firm’s portfolio. Investments in exchange traded securities form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hya Advisors, Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dean William Young serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Dean William Young is high net worth individuals with 163 clients and $352.68 million of assets under management. Among the 6 most similar advisory firms, Hya Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $476.32 million for 436 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Hya Advisors doesn't advise any private funds.

Careers at Hya Advisors, Inc

The company employs 10 people that are either part- or full-time employees. 90 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Dean William Young has been acting as President since 1 Mar 1991. Trinity Yvonne Lee joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dean William Young	President	1 Mar 1991	50% - 75%	1225159
Dennis James Heim	Secretary/treasurer	1 Mar 1991	50% - 75%	1343699
Dean William Young	Chief compliance officer	1 Sep 2004	50% - 75%	1225159
Dennis James Heim	Secretary	1 Aug 2012	Other	1343699
John Brent Singleton	Treasurer	1 Aug 2012	50% - 75%	4771672
Dean William Young	Secretary	1 Jan 2018	50% - 75%	1225159
John Brent Singleton	President / ceo	1 Jan 2018	50% - 75%	4771672
John Jeffrey Bilberry	Treasurer	1 Jan 2018	Other	5202276
Michael Lee Sharp	Chief technology officer	1 Jan 2018	25% - 50%	6605015
Trinity Yvonne Lee	Chief compliance officer	1 Mar 2018	Other	5472899

Based in Springfield

The principal office where Hya Advisors, Inc performs its advisory services is located at 1256 E Kingsley St, Springfield, MO 65804 7211, which is also the mailing address of the firm. An additional office of the firm is in Branson, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 417-882-7283 or by fax 417-883-6315. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at heimyoung.com.