Hnw Management Inc. (Toronto, Ontario)

Hnw Management Inc. is a mid-sized advisory firm based in Toronto, Ontario. It manages $67 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2010.

Hnw Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hnw Management: assets under management

The assets under management (AUM) of Hnw Management Inc. is $67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.19 million each.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hnw Management Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hnw Management serves?

The only and largest group of clients of Hnw Management is high net worth individuals with 9 clients and $67 million of assets under management. Among the 0 most similar advisory firms, Hnw Management has the 0th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $67 million for 9 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 89% of the firm’s clients are foreign persons or businesses.

Hnw Management doesn't advise any private funds.

Careers at Hnw Management Inc.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alfred George Wirth	President & director, chief compliance officer	1 Aug 2010	75% - 100%	4391655
Wei Wang	Head of research, director	1 Aug 2010	Other	6925013

Based in Toronto, Ontario

The principal office where Hnw Management Inc. performs its advisory services is located at 3300 Yonge St., Toronto, Ontario, M4 N 2 L6, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 416-483-0963. The normal business hours are 9am-5pm on Monday - Friday.