Firm Info
Firm Size
Services Offered
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Other Investment Advisors
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Horizon Investment Services, LLC. Overview
Horizon Investment Services, LLC is a fee-based registered investment advisory firm that has been in business since 2004 and is headquartered in Hammond, IN. The firm specializes in providing investment advice only, and offers portfolio management services to both individuals and small businesses, as well as businesses or institutional clients. Aside from these services, Horizon Investment Services, LLC also provides clients with the option to create products for sponsors of UIT products and various indices. This additional service allows clients to take advantage of the firm's expertise in investment management and capitalize on investment opportunities typically reserved for larger institutional clients. Overall, Horizon Investment Services, LLC is a reputable investment advisory firm that offers a range of investment management services to meet the unique needs of their clients. With a focus on delivering high-quality advice and exceptional service, the firm is well-equipped to help clients achieve their investment goals and succeed in today's ever-changing financial landscape.
HORIZON INVESTMENT SERVICES, LLC offers a diverse range of investment services to cater to various types of clients. Their clientele ranges from individuals seeking investment advice to high net worth individuals with complex asset allocation needs. In addition to that, the firm also provides services to other investment advisors and corporations, regardless of entity size or type. They take pride in their ability to provide customized solutions that meet the unique investment needs of each client. To make their services accessible and transparent, HORIZON INVESTMENT SERVICES, LLC offers flexible fee structures that align with each client's specific investment objectives. Depending on the type of service needed, clients may benefit from a percentage of assets under management (AUM) fee structure or a fixed fee based on the scope of work. This flexibility allows clients to take advantage of a cost-effective approach that meets their specific financial goals. Whether seeking investment management, retirement planning, or estate planning services, HORIZON INVESTMENT SERVICES, LLC prides itself on providing quality services while remaining cost-efficient to its clients.
Typical Clients, Fee Structures & Investment Minimum
The Part 2 Brochure for Horizon Investment Services, LLC states that there is an investment minimum for new accounts. The minimum asset size for a direct new account is $200,000, while the minimum asset size for a new account obtained through a third-party financial intermediary is $100,000. Additionally, the minimum size of a 401(k)/profit-sharing plan that Horizon will perform services for is $500,000. However, the firm notes that it may waive these minimum requirements at its sole discretion.
How This Office Can Help Hammond, IN Residents
Horizon Investment Services is a financial planning firm that assists clients in managing their finances through various services. The team at Horizon Investment Services specifically provides customized investment advice, retirement planning, and wealth management. They assist clients in developing a comprehensive financial plan that aligns with their goals and objectives. With the evolving economy in Hammond, Indiana, challenges with budgeting and saving remain a significant issue. Horizon Investment Services helps clients by educating them on financial management and investment strategies. They strive to help clients achieve their financial goals, whether it's to purchase a house or save for retirement. Hammond, Indiana, like many cities in the US, is home to diverse communities. Poverty rates of 21.3% is significantly higher than the national average and lower average incomes than neighboring cities also contribute to economic hardship for individuals living in Hammond, Indiana. In addition, half of all adults in Indiana lack a robust retirement account, according to a recent study. Horizon Investment Services acknowledges these struggles many clients face, and they provide tangible solutions to financial difficulties by creating personalized financial options tailored to clients' specific needs. Whether clients are struggling with debt or paying the bills, Horizon Investment Services' planning expertise presents clients with a unique opportunity to gain better financial stability.
Services Offered by Horizon Investment Services, LLC.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Horizon Investment Services, LLC. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Horizon Investment Services, LLC. is registered to service clients in the following states:
- California
- Florida
- Georgia
- Illinois
- Indiana
- Louisiana
- Michigan
- New Hampshire
- North Carolina
- Ohio
- South Carolina
- Tennessee
- Texas
- Virginia
Disciplinary History
Horizon Investment Services, LLC. does not have any disclosures. Please visit it's Form ADV for more details.