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.
SEC-registered adviser
Hanover Advisors, Inc
Latest filing May 5, 2026
First filing on the tape Mar 29, 2012 · 29 filings
SEC status approved since Jun 7, 2004
RAUM
$355M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$353M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$118M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$355M as of May 5, 2026
Mar 29, 2012$150M then
HNW client RAUM$297M as of May 5, 2026
Mar 30, 2018$123M then
State-registered IARs (5.B.3)1 as of May 5, 2026
Mar 19, 20141 then
Employees (5.A)3 as of May 5, 2026
Mar 19, 20142 then
Private funds: no history
RAUM +6.7% over the last fiscal year+8.9% a year over threeIARs 1 to 1
Practice profile
derived from the filing of May 5, 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
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $118MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 81derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.6MderivedHNW RAUM over HNW clients
- Average account
- $545,108derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +6.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -34%derived
- Compensation
- percentage of assets, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, publicationsreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$297M84%
- Individuals$55.7M16%
- Individual clients
- 160reported
- HNW clients
- 82reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 651reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $355M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Larry Charles BurnetteCertified Financial Planner | Marietta, Ga | Sep 9, 2019 | 41 y | 0 |
| Frank Marvin JohnsonCertified Financial Planner | Marieta, Ga | Sep 19, 2019 | 40 y | 0 |
| Stephen Francis Molyneaux | Seneca, Sc | Jan 1, 2026 | 40 y | 1 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Francis Stephen Molyneaux · President, Chief Compliance Officer, Ceo, Cfo, Coo, Ciocontrolsince 11/1989 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Apr 22, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $332,667,282 to $354,865,572, advisors 1 to 1, private clients 365 to 242, offices 0 to 0 (2025-04-03 to 2026-04-22)peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 624 to 651Apr 3, 2025 to Apr 22, 2026
- Charity clients · 2 to 0Apr 3, 2025 to Apr 22, 2026
- Corporate clients · 7 to 0Apr 3, 2025 to Apr 22, 2026
- HNW clients · 81 to 82Apr 3, 2025 to Apr 22, 2026
- Individual clients · 284 to 160Apr 3, 2025 to Apr 22, 2026
- Discretionary RAUM · $331M to $353MApr 3, 2025 to Apr 22, 2026
- HNW RAUM · $235M to $297MApr 3, 2025 to Apr 22, 2026
- Individual RAUM · $78.5M to $55.7MApr 3, 2025 to Apr 22, 2026
- Non-discretionary RAUM · $1.9M to $2.3MApr 3, 2025 to Apr 22, 2026
- RAUM · $333M to $355MApr 3, 2025 to Apr 22, 2026
- Wrap assets (manager) · $333M to $355MApr 3, 2025 to Apr 22, 2026
- Accounts · 661 to 624Apr 3, 2024 to Apr 3, 2025
- Charity clients · 1 to 2Apr 3, 2024 to Apr 3, 2025
- Corporate clients · 2 to 7Apr 3, 2024 to Apr 3, 2025
- HNW clients · 71 to 81Apr 3, 2024 to Apr 3, 2025
- Individual clients · 150 to 284Apr 3, 2024 to Apr 3, 2025
- Pension plan clients · 1 to 0Apr 3, 2024 to Apr 3, 2025
- Employees · 4 to 3Apr 3, 2024 to Apr 3, 2025
- Financial planning clients · 0 to 0Apr 3, 2024 to Apr 3, 2025
- Discretionary RAUM · $301M to $331MApr 3, 2024 to Apr 3, 2025
- HNW RAUM · $251M to $235MApr 3, 2024 to Apr 3, 2025
- Individual RAUM · $49.6M to $78.5MApr 3, 2024 to Apr 3, 2025
- Non-discretionary RAUM · $1.8M to $1.9MApr 3, 2024 to Apr 3, 2025
- Pension RAUM · $700,546 to $0Apr 3, 2024 to Apr 3, 2025
- RAUM · $303M to $333MApr 3, 2024 to Apr 3, 2025
- Wrap assets (manager) · $303M to $333MApr 3, 2024 to Apr 3, 2025
- BD registered reps · 1 to 0Mar 29, 2024 to Apr 3, 2024
- Accounts · 663 to 661Dec 20, 2023 to Mar 29, 2024
- Advisory activities · 4 to 5Dec 20, 2023 to Mar 29, 2024
- Corporate clients · 5 to 2Dec 20, 2023 to Mar 29, 2024
- HNW clients · 66 to 71Dec 20, 2023 to Mar 29, 2024
- Individual clients · 169 to 150Dec 20, 2023 to Mar 29, 2024
- Employees · 3 to 4Dec 20, 2023 to Mar 29, 2024
- HQ city · CLEMSON to SENECADec 20, 2023 to Mar 29, 2024
- Discretionary RAUM · $273M to $301MDec 20, 2023 to Mar 29, 2024
- HNW RAUM · $222M to $251MDec 20, 2023 to Mar 29, 2024
- Individual RAUM · $50.5M to $49.6MDec 20, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $1.6M to $1.8MDec 20, 2023 to Mar 29, 2024
- Pension RAUM · $627,199 to $700,546Dec 20, 2023 to Mar 29, 2024
- RAUM · $275M to $303MDec 20, 2023 to Mar 29, 2024
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- info@hanoveradvisorsinc.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 770-392-3998reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 800-874-5238reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 864-235-6758reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- HANOVERADVISORSINC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 864-235-6760reportedpublic record, Form ADV, May 5, 2026
- Contact form
- hanoveradvisorsinc.com/contactreportedpublished by the firm, firm site, Sep 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
- $118Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026