HANYS Benefit Services

Wealth Management Firm in Rensselaer County, NY

Firm Info
Address: 1 Empire Dr, Rensselaer, NY 12144, USA
Phone: (800) 388-1963

Firm Size
Assets Under Management: $3.5 billion
# of Advisors: 6
# of Clients: 46
Client to Advisor Ratio: 8:1
Average Account Size: $76.3 million
# of Offices: 1

Services Offered
  • Pension Consulting Services
  • Other

Types of Clients
  • Pension & Profit Sharing Plans

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

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Hanys Benefit Services Overview

HANYS Benefit Services is a fee-based registered investment advisory firm that has been in business since 2007. Based in Rensselaer, NY, the firm specializes in providing pension consulting services and investment advice to clients. They operate as both a broker-dealer and insurance broker/ agent, providing a comprehensive range of services for their clients. At HANYS Benefit Services, the fee arrangement is structured to allow investment supervision, ensuring peace of mind that investments are being managed appropriately every day. Their investment supervisory services are personalized to each client, providing customized investment solutions for individuals and businesses. The firm prides itself on putting its clients first, and their services reflect this commitment. Their pension consulting services are designed to provide clients with the expertise necessary to navigate the complexities of pension management. They offer comprehensive advice on pension plans, tax issues, and regulatory compliance, ensuring that clients stay on top of their responsibilities. In addition to pension consulting and investment advice, HANYS Benefit Services provides a range of other services, including investment supervisory services. These services are designed to provide clients with a comprehensive solution to their investment needs, making it easier for them to manage their portfolios and achieve their financial goals. Regardless of your investment needs, HANYS Benefit Services has the expertise and experience to help you make the most of your investments.

HANYS Benefit Services caters to a diverse clientele that includes pension or profit sharing plans. This firm is dedicated to providing high-quality investment management and financial consulting services to its clients to help them achieve their short-term and long-term financial goals. These clients trust HANYS Benefit Services to provide sound advice and investment strategies, ensuring their financial future is secured. Clients of HANYS Benefit Services have the option to choose from different fee structures based on the services provided. For instance, the firm offers percentage of assets under management (AUM) fees, which are calculated as a percentage of the total value of the client's investment assets. This fee structure allows the firm to charge a fee based on the size of the portfolio under management, and it is typically favored by larger institutional clients. Additionally, the firm also offers fixed fees for their services, which provide clients with greater predictability in terms of the fees they will need to pay. This fee structure is usually selected by clients who are more cost-conscious or have smaller portfolios. Regardless of the fee structure chosen, clients can be confident that HANYS Benefit Services provides value-added services at a competitive rate.

Typical Clients, Fee Structures & Investment Minimum

Unfortunately, HANYS Benefit Services' Part 2 Brochure does not mention anything related to investment minimums. As such, it is unclear what the investment minimum is for this firm. It is advisable to contact the firm directly or consult with a financial advisor for further clarification or guidance.

How This Office Can Help Rensselaer County, NY Residents

HANYS Benefit Services is a leading provider of insurance and benefit solutions for clients in Rensselaer County, NY. The company specializes in helping individuals, families, and businesses navigate complex and ever-changing healthcare and financial landscapes. HANYS works with clients to understand their unique needs and offers customized solutions to fit their requirements. Rensselaer County, NY, is home to a diverse population, with varying financial situations and healthcare needs. Many individuals and families in the county may face challenges accessing affordable healthcare and insurance coverage. HANYS Benefit Services assists clients in Rensselaer County with navigating these challenges by providing guidance and support in selecting insurance plans that fit their budget and needs. The company also offers financial planning services to help individuals and families plan for their future and achieve financial security. With a deep understanding of the local market and expertise in benefit and insurance solutions, HANYS Benefit Services is an invaluable resource for residents of Rensselaer County, NY.

To view the Minimum Investment and Fee Schedule for Hanys Benefit Services, visit their Part 2 Brochure.

Services Offered by Hanys Benefit Services

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 Hanys Benefit Services 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)
Fixed Fees (Other than subscription)
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients


This Office Location

Firm location 1 Empire Dr, Rensselaer, NY 12144, USA
Phone (800) 388-1963
Opening Hours
  • Mon 8:30 AM–5 PM
  • Tue 8:30 AM–5 PM
  • Wed 8:30 AM–5 PM
  • Thu 8:30 AM–5 PM
  • Fri 8:30 AM–5 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:
1 Star  |  1 Reviews

Other Office Locations

This firm has no other locations.

State Registrations

Hanys Benefit Services is registered to service clients in the following states:

  • New Jersey
  • New York
  • Pennsylvania

Disciplinary History

Hanys Benefit Services does not have any disclosures. Please visit it's Form ADV for more details.