DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

H••• W••••• A•••••••

Independent wealth managerErie, PennsylvaniaCRD 112139SEC 801-60424websiteIAPD
Legal name H•• S•••• A••••••• L••
Latest filing Feb 17, 2026
First filing on the tape Nov 18, 2011 · 60 filings
SEC status approved since Jul 19, 2001
RAUM
$7.7B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
90%
$6.9B individuals and HNW
Advisors
73
registered through the firm on IAPD
RAUM per advisor
$105M
derived; firm RAUM over IAPD count
Employees
109
73 advisory (5.B.1)
Offices
12
beyond the principal office
Private funds
0
reported on Schedule D
History
60 filings and snapshots on the tape
RAUM$7.7B as of Feb 17, 2026
Oct 24, 2012$1.4B then
HNW client RAUM$5.7B as of Feb 17, 2026
Oct 7, 2017$1.8B then
State-registered IARs (5.B.3)73 as of Feb 17, 2026
Nov 19, 201337 then
Employees (5.A)109 as of Feb 17, 2026
Nov 19, 201339 then
Private funds: no history
RAUM +18% over the last fiscal year+15% a year over threeIARs 75 to 73offices 13 to 12
Practice profile
derived from the filing of Feb 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • p••••••• led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$105MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
101derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.6MderivedHNW RAUM over HNW clients
Average account
$361,583derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
5.6derived13 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
-2.7%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, publicationsreportedItem 5.G
Financial planning clients
1,500reportedItem 5.H
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$5.7B74%
  • Individuals$1.2B16%
  • Corporations and businesses$749M9.8%
Individual clients
5,747reported
HNW clients
1,597reported
Pension plan clients
161reported
Charitable clients
18reported
Accounts
21,190reported
Financial planning clients
1,500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.9 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=19.0derived
Advisors registered through the firm
73 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R•••••• C•••••• M•••••Certified Financial PlannerCanfield, OhJan 17, 200131 y0
R•••••• D••• P•••••••••Certified Financial PlannerErie, Pa Jun 6, 200136 y0
A•••••• B•••• W••••••••Erie, Pa Jun 27, 200130 y0
C••••••••• M•••••• Z•••••Certified Financial PlannerErie, PaSep 12, 200126 y0
R•••• L••• R••••••Canfield, OhJun 18, 200323 y0
B••••••• L••••• T•••••Certified Financial PlannerErie, PaJul 31, 200324 y0
S•••••• C••• S••••••Certified Financial Planner, Personal Financial SpecialistStuart, FlNov 12, 200327 y1
D•••• D••••••Certified Financial PlannerN•••••, FlFeb 17, 200528 y1
J•••• C••••••••• A•••••Erie, PaFeb 23, 200524 y0
R••• H•••• F•••••••••Certified Financial PlannerStuart, FlMay 4, 200523 y0
S••••• M•••••• R•••Certified Financial PlannerErie, PaNov 17, 200523 y0
S•••• A•••• C••••Chartered Financial AnalystErie, PaJul 17, 200627 y1
S••••• T••••••• S•••••••Certified Financial PlannerStuart, FlSep 18, 200620 y0
Q••••• F•••• A•••••••••Certified Financial PlannerErie, PaSep 26, 200719 y0
B•••• W•••••• M•••••••Certified Financial PlannerNaples, Fl Nov 6, 200818 y0
M•••••• J•••• C•••••••Certified Financial Planner, Personal Financial SpecialistWarrendale, PaApr 28, 201020 y1
C•••••••• A•• K••••Erie, PaJul 23, 201020 y0
I•••• F• B•••••••Erie, PaJul 26, 201024 y0
T••••• J• T••••••Certified Financial PlannerCanfield, OhFeb 15, 201118 y1
A••••• M••••••N•••••, FlApr 20, 201118 y0
M•••••• G•••••• W•••••••Erie, PaSep 22, 201115 y0
K•••• A••• G••••••••Ft. Myers, FlApr 10, 201215 y0
Z•••••• M• A•••••••••Certified Financial PlannerErie, PaMay 10, 201313 y0
S••••• A••• W•••••Certified Financial PlannerErie, PaOct 25, 201313 y0
A•••••• J•••• S••••••Certified Financial PlannerCanfield, OhDec 23, 201321 y1
B•••• S•••• S••••••Chartered Financial AnalystWarrendale, PaJun 16, 201425 y5
D•••• L••••• K••••Warrendale, PaSep 9, 201527 y1
L••••••• C••••••••• F•••••••Fredonia, NyMay 3, 201620 y3
K•••• D••••• A••••Fredonia, NyMay 3, 201616 y1
J•••• A•••••• A•••••••Fredonia, NyJul 5, 201631 y2
G••••• W•••••• H•••Fredonia, NyJul 8, 201631 y1
C••••••••• P••• A•••••••••Certified Financial PlannerErie, PaOct 11, 201610 y0
W•••••• F•••••• C••••Conshohocken, PaOct 6, 201719 y1
C••••••••• J•••• H••••Chartered Financial AnalystConshohocken, PaOct 6, 201724 y1
B•••• H••••• W••••Conshohocken, PaOct 6, 201720 y2
A•••••••• A•••• R••••••Certified Financial PlannerConshohocken, PaOct 6, 201726 y5
A••••• W•••••• P••••••Chartered Financial ConsultantConshohocken, PaOct 10, 201726 y1
C•••••• M•• O•••••Erie, Pa Jul 31, 201911 y0
R•••••• D•••Erie, Pa Oct 15, 201931 y4
R••• W•••••• H•••Certified Financial PlannerNaples, FlJan 3, 202021 y5
All 73 advisors at H••• W••••• A•••••••
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount4 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A••••••••• C••••••••• M••• · Chairman, Membercontrol
    since 03/2001 · owns less than 5%
  • A••••••••• Q•••••• F•••• · Membercontrol
    since 09/2017 · owns less than 5%
  • A•••••••• J••••• A•••••• · Membercontrol
    since 04/2016 · owns less than 5%
  • B•••• D••• E• · Membercontrol
    since 09/2009 · owns less than 5%
  • C••••• W••••••• F•••••• · Membercontrol
    since 09/2017 · owns less than 5%
  • C•••••••• M••••••• J•••• · Membercontrol
    since 09/2017 · owns less than 5%
  • C••••• S••••• A•••• · Member, Chief Operating Officercontrol
    since 09/2009 · owns less than 5%
  • D••••••• D•••• · Membercontrol
    since 09/2016 · owns less than 5%
  • F••••••••• R•••• H•••• · Membercontrol
    since 09/2017 · owns less than 5%
  • H•••• G•••••• W•••••• · Membercontrol
    since 04/2016 · owns less than 5%
  • H••••• C••••••••• J•••• · Membercontrol
    since 09/2020 · owns less than 5%
  • M•••••••• B••••• W•••••• · Membercontrol
    since 09/2018 · owns less than 5%
  • M•••••• R••••••• C•••••• · Membercontrol
    since 03/2006 · owns less than 5%
  • P••••••••• R••••••• D••• · Membercontrol
    since 03/2001 · owns less than 5%
  • R••••••• A••••••••• A•••• · Membercontrol
    since 09/2017 · owns less than 5%
  • R•••• S•••••• M•••••• · Membercontrol
    since 09/2016 · owns less than 5%
  • S••••••• S••••••• C••• · Membercontrol
    since 03/2006 · owns less than 5%
  • S•••••• J•••••• T• · Membercontrol
    since 04/2024 · owns less than 5%
  • S••••••• B••••• S•••• · Chief Investment Officer, Membercontrol
    since 09/2017 · owns less than 5%
  • T••••••• T•••••• J• · Membercontrol
    since 09/2018 · owns less than 5%
  • T•••••• B•••••••• L••••• · Membercontrol
    since 09/2018 · owns less than 5%
  • W•••••••• M••••••• G•••••• · Chief Compliance Officercontrol
    since 08/2011 · owns less than 5%
Entity owners
  • H•• S•••• F•••••••• L•• · Parent Company
    direct · owns 75% or more
  • H•• S•••• H••••••• L•• · Owner
    indirect · owns 75% or more of Hbk S•••• Financial LLC
  • H•••• B••••• • K••• F•••••••• H••••••• L•• · Owner
    indirect · owns 50% to 75% of H•• S•••• H••••••• L••
Related persons
Schedule D 7.A
Advisers that list H••• W••••• A••••••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Erie, Pa · principal2300
Conshohocken, Pa1110
N•••••, Fl1000
Warrendale, Pa900
Stuart, Fl600
Fredonia, Ny600
Canfield, Oh500
Sarasota, Fl300
Ft Myers, Fl300
Offices
Schedule D 1.F, the 25 largest
  • Erie, PA11 employees
  • Conshohocken, PA9 employees
  • Warrendale, PA9 employees
  • N•••••, FL8 employees
  • Stuart, FL8 employees
  • Fredonia, NY6 employees
  • Canfield, OH5 employees
  • Meadville, PA5 employees
  • Ft. Myers, FL3 employees
  • K••• Of Prussia, PA2 employees
  • Sarasota, FL2 employees
  • Holmdel, NJ2 employees
What changed
consecutive filings, newest first
  • Accounts · 20,275 to 21,190
    Jul 8, 2025 to Nov 12, 2025
  • Advisory employees · 75 to 73
    Jul 8, 2025 to Nov 12, 2025
  • BD registered reps · 21 to 19
    Jul 8, 2025 to Nov 12, 2025
  • Corporate clients · 141 to 301
    Jul 8, 2025 to Nov 12, 2025
  • HNW clients · 1,448 to 1,597
    Jul 8, 2025 to Nov 12, 2025
  • Individual clients · 5,700 to 5,747
    Jul 8, 2025 to Nov 12, 2025
  • Assets in custody · $250M to $288M
    Jul 8, 2025 to Nov 12, 2025
  • Employees · 112 to 109
    Jul 8, 2025 to Nov 12, 2025
  • Insurance-licensed employees · 10 to 9
    Jul 8, 2025 to Nov 12, 2025
  • State-registered IARs · 75 to 73
    Jul 8, 2025 to Nov 12, 2025
  • Discretionary RAUM · $6.4B to $7.2B
    Jul 8, 2025 to Nov 12, 2025
  • HNW RAUM · $5.0B to $5.7B
    Jul 8, 2025 to Nov 12, 2025
  • Individual RAUM · $1.2B to $1.2B
    Jul 8, 2025 to Nov 12, 2025
  • Non-discretionary RAUM · $71.6M to $488M
    Jul 8, 2025 to Nov 12, 2025
  • RAUM · $6.5B to $7.7B
    Jul 8, 2025 to Nov 12, 2025
  • Financial planning clients · More than 500 to More than 500
    Jun 11, 2025 to Jul 8, 2025
  • Other offices · 13 to 12
    Jun 11, 2025 to Jul 8, 2025
  • Accounts · 17,566 to 20,275
    May 2, 2024 to Nov 20, 2024
  • Advisory employees · 72 to 75
    May 2, 2024 to Nov 20, 2024
  • BD registered reps · 20 to 21
    May 2, 2024 to Nov 20, 2024
  • Charity clients · 16 to 18
    May 2, 2024 to Nov 20, 2024
  • Corporate clients · 129 to 141
    May 2, 2024 to Nov 20, 2024
  • HNW clients · 1,255 to 1,448
    May 2, 2024 to Nov 20, 2024
  • Individual clients · 5,153 to 5,700
    May 2, 2024 to Nov 20, 2024
  • Pension plan clients · 186 to 161
    May 2, 2024 to Nov 20, 2024
  • Assets in custody · $284M to $250M
    May 2, 2024 to Nov 20, 2024
  • Employees · 105 to 112
    May 2, 2024 to Nov 20, 2024
  • Insurance-licensed employees · 11 to 10
    May 2, 2024 to Nov 20, 2024
  • State-registered IARs · 72 to 75
    May 2, 2024 to Nov 20, 2024
  • Other offices · 12 to 13
    May 2, 2024 to Nov 20, 2024
  • Discretionary RAUM · $5.5B to $6.4B
    May 2, 2024 to Nov 20, 2024
  • HNW RAUM · $4.1B to $5.0B
    May 2, 2024 to Nov 20, 2024
  • Individual RAUM · $1.1B to $1.2B
    May 2, 2024 to Nov 20, 2024
  • Non-discretionary RAUM · $84.2M to $71.6M
    May 2, 2024 to Nov 20, 2024
  • RAUM · $5.6B to $6.5B
    May 2, 2024 to Nov 20, 2024
  • Other offices · 11 to 12
    Nov 8, 2023 to Jan 9, 2024
  • Accounts · 15,664 to 17,566
    Jun 9, 2023 to Nov 8, 2023
  • Advisory employees · 65 to 72
    Jun 9, 2023 to Nov 8, 2023
  • BD registered reps · 18 to 20
    Jun 9, 2023 to Nov 8, 2023
  • Charity clients · 10 to 16
    Jun 9, 2023 to Nov 8, 2023
Signals
18 dated events
  • 2 advisors left P••• S•••• P••••••• L•• (Naples, FL) for H••• W••••• A••••••• on the same day
    Jul 24, 2026 · Team lift-out · derived
  • D••• D•••• D••••• left H••• W••••• A••••••• for E••• L•• (registered 2025-10-07)
    Sep 5, 2025 · Advisor changed firm · fact
  • B••••••• R•••••• B••••• left H••• W••••• A••••••• for J••••• M••••••••• S•••• L•• (registered 2026-05-01)
    Feb 28, 2025 · Advisor changed firm · fact
  • M•••••• C•••••• left H••• W••••• A••••••• for V••••• O•• I••••••••• S••••••••• L•• (registered 2026-01-16)
    Jan 14, 2025 · Advisor changed firm · fact
  • Lyle Phillip Wilson (Treasurer) no longer on Schedule A of H••• W••••• A••••••• (listed 2024-11-20, absent 2024-12-03)
    Dec 3, 2024 · Control person left · inference
  • Neal C••••••••• Sorce (Member) no longer on Schedule A of H••• W••••• A••••••• (listed 2024-05-02, absent 2024-11-20)
    Nov 20, 2024 · Control person left · inference
  • J••••• Gregory Sorce (Member) no longer on Schedule A of H••• W••••• A••••••• (listed 2024-05-02, absent 2024-11-20)
    Nov 20, 2024 · Control person left · inference
  • T. J••••• S••••• (Member) appeared on Schedule A of H••• W••••• A•••••••
    May 2, 2024 · Control person joined · fact
  • C•••••• J••••••••• G••••••••• left H••• W••••• A••••••• for C••••••••• F•••••••• N•••••• (registered 2023-11-21)
    Oct 2, 2023 · Advisor changed firm · fact
  • M•••••• C•• left H••• W••••• A••••••• for A••••••••• F•••••••• S•••••••• L•• (registered 2023-02-22)
    Jan 13, 2023 · Advisor changed firm · fact
  • G•••••••• E•••••••• G••••• left H••• W••••• A••••••• for B••••••••• P••••••• (registered 2022-10-26)
    Oct 3, 2022 · Advisor changed firm · fact
  • M•••••• D• G•••• left H••• W••••• A••••••• for F••••••• P••••••• A•• W•••••••• A••••••• (registered 2024-03-09)
    Jun 2, 2022 · Advisor changed firm · fact
  • P•••••• J••• E•••••••• left H••• W••••• A••••••• for W•••••• P•••••• W••••• (registered 2022-03-02)
    Mar 14, 2022 · Advisor changed firm · fact
  • M••• A•••••• M•••• left H••• W••••• A••••••• for M•••• W••••• M••••••••• L•• (registered 2023-07-07)
    Jan 21, 2022 · Advisor changed firm · fact
  • K••• A••••• K•••• left H••• W••••• A••••••• for A••••••• W••••• P•••••••• L•• (registered 2022-03-21)
    Jan 20, 2022 · Advisor changed firm · fact
  • H••• W••••• A••••••• reported RAUM $5.3B, up 26% from $4.2B (2021-03-12 to 2021-11-22)
    Nov 22, 2021 · RAUM change · derived
  • J•••• C••••••••• Hines (Member) appeared on Schedule A of H••• W••••• A•••••••
    Nov 24, 2020 · Control person joined · fact
  • H••• W••••• A••••••• reported RAUM $3.4B, up 32% from $2.6B (2018-09-26 to 2018-11-14)
    Nov 14, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/hbks-wealth-advisorsreportedpublic record, Form ADV, Sep 18, 2026
Website
level3wealth.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
814-836-5776reportedpublic record, Form ADV, Feb 17, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$105Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026