Avantax Planning Partners (formerly HK Financial Services)

Retirement Planning Firm in Missoula, MT

Firm Info
Address: 1821 South Ave W 5th Floor, Missoula, MT 59806, USA
Phone: (406) 218-7176

Firm Size
Assets Under Management: $5.8 billion
# of Advisors: 125
# of Clients: 11,624
Client to Advisor Ratio: 93:1
Average Account Size: $497,756
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • Pension Consulting Services
  • Selection of Others Advisors

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pooled Investment Vehicles
  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • Corporations or Other Businesses Not Listed Above

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

Get Connected with a Financial Advisor

* required fields

Avantax Planning Partners, Inc. Overview

Avantax Planning Partners, Inc. is a registered investment advisory firm that has been in operation since 1996. Based in Dubuque, IA, the firm provides fee-based services to clients seeking investment advice. It is structured as a broker-dealer representative and insurance broker/agent, allowing it to provide a range of investment advice. The firm's services cover a wide range of financial planning and portfolio management strategies, catering to both individuals and small businesses. Business and institutional clients can also benefit from portfolio management services, as well as pension consulting services that help clients plan for their retirement. At Avantax Planning Partners, clients can expect access to a diverse group of advisors who can be selected to manage their investments. This ensures that clients receive personalized advice that aligns with their investment objectives. By providing a comprehensive suite of investment advisory services, Avantax Planning Partners is committed to helping its clients achieve their financial goals.

AVANTAX PLANNING PARTNERS, INC. has a diverse array of clientele that they serve. The firm caters to individuals who require financial advice and planning services. Additionally, AVANTAX PLANNING PARTNERS, INC. serves high net worth individuals who have more complicated financial matters. Furthermore, pooled investment vehicles, such as mutual funds and exchange-traded funds, are also clients of the firm. Pension or profit sharing plans are part of the clientele repertoire of AVANTAX PLANNING PARTNERS, INC. Finally, the firm extends its services to charitable organizations and other corporation types not mentioned in this list. AVANTAX PLANNING PARTNERS, INC. provides various fee structures depending on the service required by the client. For those who wish to entrust AVANTAX PLANNING PARTNERS, INC. with asset management services, the firm applies a percentage of assets under management (AUM) as the fee. This charge is typically 1-2% of the total AUM for traditional asset management services. For clients who require financial planning services with investment recommendations but do not have asset management needs, the firm offers hourly fees. These fees trend upward for more niche and complex planning services. Lastly, for clients who only require a single or limited engagement, there is an option for fixed fees. The client and advisor will agree on a fixed rate, which will be billed at the start of the engagement. Overall, AVANTAX PLANNING PARTNERS, INC.'s fees are structured in ways that can accommodate a variety of client needs and goals.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for AVANTAX PLANNING PARTNERS, INC. for their discretionary asset management services is generally $50,000. According to their Part 2 Brochure note about investment minimums, they do not accept clients with investable assets less than $50,000 due to practical considerations in managing smaller accounts.

How This Office Can Help Missoula, MT Residents

Avantax Planning Partners is a financial planning company that offers a wide range of services to clients in Missoula, MT. They help clients manage their finances by providing customized financial planning strategies that are tailored to their unique needs and goals. Whether someone is looking to create a retirement plan, save for their children's education, or invest in the stock market, Avantax Planning Partners can help. Missoula residents face a variety of financial challenges, including high healthcare costs, college tuition expenses, and rising housing prices. Avantax Planning Partners can help clients navigate these challenges by offering personalized financial solutions that address their specific needs. They are dedicated to helping clients achieve their financial goals and providing them with the tools and knowledge they need to succeed. With their guidance and expertise, clients in Missoula can feel confident about their financial future.

To view the Minimum Investment and Fee Schedule for Avantax Planning Partners, Inc., visit their Part 2 Brochure.

Services Offered by Avantax Planning Partners, Inc.

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 Avantax Planning Partners, Inc. 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)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

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

Firm location 1821 South Ave W 5th Floor, Missoula, MT 59806, USA
Phone (406) 218-7176
Directions
Google My Business Reviews:

Other Office Locations

Firm Headquarters
Firm headquarters location 3390 ASBURY ROAD, DUBUQUE, IA 52002-2801, United States

This firm has no other locations.

State Registrations

Avantax Planning Partners, Inc. is registered to service clients in the following states:

  • Alabama
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Washington
  • Wisconsin

Disciplinary History

Avantax Planning Partners, Inc. does not have any disclosures. Please visit it's Form ADV for more details.