Homrich Berg

HB Wealth Management, LLC, also known as Homrich Berg, is a Registered Investment Adviser based in Atlanta, GA. The firm succeeded the business of Homrich & Berg Inc., which was founded in 1989. Homrich & Berg Inc. sold a minority stake to NMSEF I Holdings V, L.P., an affiliate of New Mountain Capital, in September 2021. The firm primarily provides wealth management services to individuals, families, trusts, retirement plans, corporate entities, foundations, and family offices. HB's investment management services involve reviewing client portfolios, providing specific investment advice based on client objectives, and offering consolidated quarterly investment reports. The firm considers client goals, risk tolerance, and market outlook when directing assets to investments. Clients may impose restrictions on investing in certain securities. HB primarily uses custodians such as Charles Schwab & Co., Fidelity Investments, and Bank of New York Mellon "Pershing" for client transactions. The firm offers financial planning services, including cash flow planning, tax planning, retirement planning, estate planning, and investment planning. HB's fee structure for wealth management services is based on the value of assets under management, with a minimum annual fee of $12,500. The firm does not charge performance-based fees and acts as a fiduciary under ERISA and the IRC. HB has discretionary and non-discretionary asset management services, with a total RAUM of $18,591,404,091 as of 12/31/2024. The firm engages in cross transactions, principal transactions under specific circumstances, and has implied custody in certain situations. HB does not vote client securities proxies and has no financial conditions impairing its ability to meet commitments. The firm engages in legal proceedings monitoring for securities claims class action litigation on behalf of clients through a third-party service provider.