Hanover Advisors, Inc

Hanover Advisors, Inc. is a registered investment adviser based in Clemson, SC, established in 1989 by principal owner Stephen F. Molyneaux. The firm specializes in offering portfolio management services, financial planning, and pension consulting personalized to individual clients. Portfolio management services are provided on a discretionary basis, tailored to meet clients' investment objectives and risk tolerance. The firm may also invest in municipal bonds to provide tax-free income, with an annual fee of 0.25%. Hanover Advisors charges fees based on a percentage of assets under management, with rates ranging from 1.00% to 0.50% based on account size. The firm does not accept performance-based fees or engage in side-by-side management. Clients include individuals, high net worth individuals, pension and profit sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. Investment strategies include fundamental analysis, modern portfolio theory, long and short-term purchases, short sales, margin transactions, and options trading. The firm does not vote proxies on behalf of clients and does not participate in class action lawsuits on their behalf. Hanover Advisors prioritizes client privacy and security, with strict policies in place to safeguard personal information.