H. L. Ormond & Company, LLC

H. L. Ormond & Company, LLC, established in July 2010 and registered as an investment advisor in April 2021, offers personalized investment advisory services to individuals, high net worth individuals, trusts, estates, charitable organizations, retirement plans, and businesses. The firm's investment philosophy is based on "Herb’s Three Rules of Equity Investing": owning quality, being diversified, and investing in patience. H. L. Ormond & Company primarily constructs long-term, diversified portfolios with a bias towards equity investments. Clients can choose from various service models, including the HLO Direct Platform, AMS Managed Programs, and the Outside Manager Platform (OSM). The firm manages over $359 million in client assets as of December 31, 2024, with advisory fees ranging from 0.75% to 1.75% annually. Clients may also engage in fee-based qualified retirement plan services, with fees ranging from 0.20% to 0.50%. H. L. Ormond & Company does not charge performance-based fees and does not accept or maintain custody of client accounts. The firm emphasizes transparency, ethical practices, and client education, encouraging clients to be actively involved in the investment process. Clients have the opportunity to place reasonable restrictions on their investments, and the firm provides ongoing monitoring and reviews of client accounts to ensure alignment with investment goals and objectives.