Hofer & Associates Wealth Management

Hofer & Associates Wealth Management, a registered investment adviser based in Thousand Oaks, California, has been providing investment advisory services since January 2016. The firm offers discretionary portfolio management services tailored to meet clients' needs and investment objectives. Clients can grant the firm discretionary authority to manage their accounts, allowing for the purchase or sale of securities without prior approval. Non-discretionary portfolio management services are also available, requiring client approval before executing transactions. The firm may invest client assets in model portfolios designed for varying risk tolerances. Financial planning services are offered, involving a comprehensive analysis of clients' financial circumstances and objectives to develop a written plan aimed at achieving financial goals. Fees for portfolio management services are based on a percentage of assets under management, with rates ranging from 0.60% to 1.15% based on the account size. Financial planning fees range from $1,000 to $5,000, with hourly fees negotiable based on complexity. The firm does not participate in wrap fee programs and does not accept performance-based fees. Hofer & Associates Wealth Management acts as a fiduciary, obligated to act in clients' best interests. The firm does not have any disciplinary information to report. Clients have the option to grant the firm investment discretion, allowing for the management of their accounts without prior approval. The firm does not vote proxies on behalf of clients and does not participate in class action lawsuits on clients' behalf. Client privacy is a top priority, with policies in place to protect personal information. In the event of a trade error, corrective actions are taken to restore the account. The firm does not determine eligibility for class action lawsuits on clients' securities.