Equanimity Financial Partners

Equanimity Financial Partners, formerly known as HBA Advisors, LLC, is a Pasadena-based financial advisory firm established in 2009. The firm specializes in providing a wide array of investment advisory services to individuals, high net worth individuals, trusts, estates, charitable organizations, and various types of retirement plans. Equanimity Financial Partners operates as a fiduciary, always acting in the best interest of clients. The firm requires a minimum account balance of $500,000 and/or $250,000 family income for its Asset Management service. For Asset Management, Equanimity creates tailored portfolios consisting of various securities to meet clients' specific needs. The firm also offers standalone financial planning and consulting services covering a range of financial aspects. Retirement Plan Consulting services are provided to employer plan sponsors, assisting in establishing, monitoring, and reviewing participant-directed retirement plans. Equanimity Financial Partners manages regulatory assets totaling $147,740,000 as of 03/31/2024, with $147,323,000 under discretionary management. The firm's fee structure for Asset Management is tiered based on assets under management, ranging from 0.85% to 1.25%. Financial planning fees are flat or recurring, while Retirement Plan Consulting fees are based on a percentage of plan assets under management, not exceeding 1.75%. The firm recommends Charles Schwab as the custodian and broker for client assets, offering a range of investment products and services. Equanimity Financial Partners does not receive soft dollars in excess of what is allowed by regulations and does not pay referral fees. The firm maintains a Code of Ethics, ensuring ethical conduct and compliance with securities laws. Equanimity Financial Partners provides investment discretion, reviews accounts regularly, and votes client securities based on specific guidelines.