Hopwood Financial Services

Wealth Management Firm in Great Falls, VA

Firm Info
Address: 10740 Parkridge Blvd #150, Reston, VA 20191, USA
Phone: (703) 787-0008

Firm Size
Assets Under Management: $531.8 million
# of Advisors: 5
# of Clients: 962
Client to Advisor Ratio: 192:1
Average Account Size: $552,770
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses

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

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

  • Pension & Profit Sharing Plans
  • Charitable Organizations

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

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Hopwood Financial Services, Inc. Overview

HOPWOOD FINANCIAL SERVICES, INC. is a fee-only investment advisory firm based in Reston, VA. Since their establishment in 2003, their primary focus has been to provide investment advice only, which means that their clients receive unbiased financial guidance without any conflicts of interest. Their extensive range of services includes financial planning and portfolio management for individuals and small businesses. They prioritize understanding the unique financial situations and goals of their clients to provide personalized and comprehensive strategies that will be most effective in meeting their specific needs. HOPWOOD FINANCIAL SERVICES, INC. has a strong commitment to transparency and ethical practices. As a fee-only firm, they do not receive commissions or any other forms of compensation, which eliminates any potential for conflicts of interest and ensures that their clients' interests are always put first. Their headquarters in Reston, VA is an ideal location for clients in the Northern Virginia area and beyond. Overall, HOPWOOD FINANCIAL SERVICES, INC. is a reputable and dedicated investment advisory firm that provides valuable and trustworthy guidance to individuals and businesses seeking to achieve their financial goals.

HOPWOOD FINANCIAL SERVICES, INC. serves a diverse array of clients with their financial needs. Their clientele includes individuals, high net worth individuals, pension and profit sharing plans, and charitable organizations, among others. The firm understands that each client's financial goals and objectives are unique, and they work closely with their clients to customize and create personalized solutions that meet their needs. When it comes to fee structures, HOPWOOD FINANCIAL SERVICES, INC. offers a range of options depending on the service provided. For those looking to invest their assets, the firm charges a percentage of assets under management (AUM). This structure aligns the interests of the firm with those of the client since the fee is based on the performance of the portfolio. For clients who require more discrete services such as financial planning, the firm charges an hourly rate for their time and expertise. Clients can also opt for a fixed fee structure, which offers predictability and transparency. Overall, HOPWOOD FINANCIAL SERVICES, INC. works closely with each client to determine the best fee structure that aligns with their unique needs and objectives.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for Hopwood Financial Services, Inc. is generally $500,000 for their Investment Management services. However, the Part 2 Brochure notes that this amount may be negotiable. It should be noted that there is no minimum asset size for their Financial Planning services mentioned in the brochure.

How This Office Can Help Great Falls, VA Residents

Hopwood Financial Services is committed to providing professional financial services to clients in Great Falls, VA. The company offers a wide range of financial services that are customized to the specific needs of each individual client. The company understands that individuals and families in Great Falls, VA, face a variety of financial situations that require careful planning. For instance, someone living in Great Falls, VA, might be facing retirement planning. Hopwood Financial Services can assist clients to plan a secure financial future to ensure they can enjoy their retired life without worrying about finances. Additionally, the company can help clients to create an investment portfolio that aligns with their financial goals and risk tolerance, guiding them in making informed investment decisions. Hopwood Financial Services also has expertise in estate planning and can help clients create an effective plan to ensure that their assets go to the right individuals and causes. Additionally, the company offers insurance solutions to ensure that clients are protected against unforeseen events, such as disability or death. Overall, Hopwood Financial Services is dedicated to helping clients achieve financial success in Great Falls, VA.

To view the Minimum Investment and Fee Schedule for Hopwood Financial Services, Inc., visit their Part 2 Brochure.

Services Offered by Hopwood Financial Services, 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 Hopwood Financial Services, 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 10740 Parkridge Blvd #150, Reston, VA 20191, USA
Phone (703) 787-0008
Directions
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Other Office Locations

This firm has no other locations.

State Registrations

Hopwood Financial Services, Inc. is registered to service clients in the following states:

  • California
  • District of Columbia
  • Florida
  • Maryland
  • Massachusetts
  • New Hampshire
  • Texas
  • Virginia

Disciplinary History

Hopwood Financial Services, Inc. does not have any disclosures. Please visit it's Form ADV for more details.