Hillcrest Financial Group

Hillcrest Financial Group, established in December 2021, is a registered investment adviser offering financial planning, consulting, and investment management services. The firm, owned by David Harrington and Dean Solomon, manages $470,750,000 in assets on a discretionary basis as of December 31, 2024. Clients engage in written agreements detailing the terms of the advisory relationship. Services include cash flow forecasting, trust and estate planning, investment consulting, insurance planning, and retirement planning. The firm primarily allocates client assets among mutual funds, ETFs, and individual securities based on stated investment objectives. Clients retain discretion over decisions and are not obligated to act on recommendations. For wealth management services, fees are based on assets under management, ranging from 1.25% to 1.00% based on portfolio value. Retirement plan consulting services are provided with fees up to 0.75% based on assets advised. Hillcrest Financial Group does not charge performance-based fees and serves individuals, trusts, estates, corporations, and other entities. Investment strategies incorporate Modern Portfolio Theory, diversification, and macroeconomic analysis. The firm discloses risks related to market volatility, interest rates, cybersecurity, and other factors. Clients receive account statements from custodians and regular account reviews from the firm's representatives. The firm has custody of client funds and securities and exercises investment discretion on behalf of clients. Hillcrest Financial Group does not vote client securities or solicit prepayment exceeding $1,200.