Hsc Wealth Advisors

HSC Wealth Advisors is a financial planning and investment management firm founded in 1983, offering services to individuals, pension and profit sharing plans, trusts, estates, charitable organizations, and small businesses. The firm provides fee-only services, focusing on financial planning areas such as cash flow management, tax planning, investment management, education funding, retirement planning, and estate planning. HSC Wealth Advisors does not sell commissioned products and strictly acts as a fee-only firm, with no affiliations to entities selling financial products or securities. Clients maintain control of their assets, and the firm places trades under a limited power of attorney. The firm manages approximately $358 million in assets for around 418 clients as of January 3, 2024. Fees are based on a percentage of assets under management, with a minimum annual fee of $10,000. The firm primarily invests in no-load mutual funds and may use stocks, bonds, and other investments. Clients may impose restrictions on investments, and agreements can be terminated with notice. The firm's investment strategy focuses on achieving maximum diversification through mutual funds and ETFs. Clients receive periodic reviews and communications, including net worth statements and performance reports. HSC Wealth Advisors has no disciplinary history and does not accept referral fees. The firm has discretionary trading authority and a limited power of attorney for trading on behalf of clients. Clients receive account statements from independent custodians, and the firm does not vote proxies on securities.