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SEC-registered adviser

H•••• • H•••••

Independent wealth managerWoodland Hills, CaliforniaCRD 286235SEC 801-110192websiteIAPD
Legal name H•••• • H•••••• L••
Latest filing Mar 3, 2026
First filing on the tape Mar 13, 2017 · 25 filings
SEC status approved since Mar 28, 2017
RAUM
$284M
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
87%
$247M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$142M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$284M as of Mar 3, 2026
Mar 16, 2018$123M then
HNW client RAUM$157M as of Mar 3, 2026
Mar 16, 2018$65.8M then
State-registered IARs (5.B.3)2 as of Mar 3, 2026
Mar 16, 20180 then
Employees (5.A)5 as of Mar 3, 2026
Mar 16, 20183 then
Private funds: no history
RAUM +13% over the last fiscal year+17% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 3, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$142MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
131derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$440,464derivedRAUM over accounts (5.F.2.f)
Discretionary
87%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-12%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 advisersreportedItem 5.G
Wrap fee program
$247MreportedItem 5.I
Custody
$14.4M, 14 clientsreportedItem 9.A
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 cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$157M55%
  • Individuals$90.5M32%
  • Pension and profit-sharing plans$36.7M13%
Individual clients
196reported
HNW clients
65reported
Pension plan clients
8reported
Charitable clients
n/areported
Accounts
644reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$14.4M for 14 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.87 fund_share=0.0 institutional_share=0.13 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••••••• H•••• H••••Certified Financial Planner, Chartered Financial ConsultantWoodland Hills, Ca May 27, 201444 y2
R••• O• H•••••Certified Financial PlannerPasadena, Ca May 28, 201424 y2
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
      • H•••••• R•••• O• · Managing Membercontrol
        since 03/2014 · owns 50% to 75%
      • H••••• M•••••••• H•••• · Managing Member And Chief Compliance Officercontrol
        since 03/2014 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Woodland Hills, Ca · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 664 to 644
        Jul 14, 2025 to Mar 3, 2026
      • HNW clients · 90 to 65
        Jul 14, 2025 to Mar 3, 2026
      • Individual clients · 205 to 196
        Jul 14, 2025 to Mar 3, 2026
      • Pension plan clients · 9 to 8
        Jul 14, 2025 to Mar 3, 2026
      • Assets in custody · $7.9M to $14.4M
        Jul 14, 2025 to Mar 3, 2026
      • Discretionary RAUM · $209M to $247M
        Jul 14, 2025 to Mar 3, 2026
      • HNW RAUM · $142M to $157M
        Jul 14, 2025 to Mar 3, 2026
      • Individual RAUM · $67.2M to $90.5M
        Jul 14, 2025 to Mar 3, 2026
      • Non-discretionary RAUM · $40.8M to $36.7M
        Jul 14, 2025 to Mar 3, 2026
      • Pension RAUM · $40.8M to $36.7M
        Jul 14, 2025 to Mar 3, 2026
      • RAUM · $250M to $284M
        Jul 14, 2025 to Mar 3, 2026
      • Financial planning clients · 0 to 0
        Mar 28, 2025 to Jul 14, 2025
      • Related broker-dealer · true to false
        Mar 28, 2025 to Jul 14, 2025
      • Accounts · 612 to 664
        Jun 20, 2024 to Mar 28, 2025
      • HNW clients · 85 to 90
        Jun 20, 2024 to Mar 28, 2025
      • Individual clients · 200 to 205
        Jun 20, 2024 to Mar 28, 2025
      • Pension plan clients · 6 to 9
        Jun 20, 2024 to Mar 28, 2025
      • Assets in custody · $7.6M to $7.9M
        Jun 20, 2024 to Mar 28, 2025
      • Discretionary RAUM · $174M to $209M
        Jun 20, 2024 to Mar 28, 2025
      • HNW RAUM · $128M to $142M
        Jun 20, 2024 to Mar 28, 2025
      • Individual RAUM · $45.4M to $67.2M
        Jun 20, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $20.2M to $40.8M
        Jun 20, 2024 to Mar 28, 2025
      • Pension RAUM · $20.2M to $40.8M
        Jun 20, 2024 to Mar 28, 2025
      • RAUM · $194M to $250M
        Jun 20, 2024 to Mar 28, 2025
      • Wrap assets (manager) · $172M to $0
        Jun 20, 2024 to Mar 28, 2025
      • Wrap assets (sponsor) · $174M to $0
        Jun 20, 2024 to Mar 28, 2025
      • Related broker-dealer · false to true
        Mar 12, 2024 to Jun 18, 2024
      • Accounts · 514 to 612
        Aug 10, 2023 to Mar 12, 2024
      • Advisory employees · 2 to 3
        Aug 10, 2023 to Mar 12, 2024
      • Advisory activities · 4 to 5
        Aug 10, 2023 to Mar 12, 2024
      • HNW clients · 63 to 85
        Aug 10, 2023 to Mar 12, 2024
      • Individual clients · 191 to 200
        Aug 10, 2023 to Mar 12, 2024
      • Pension plan clients · 4 to 6
        Aug 10, 2023 to Mar 12, 2024
      • Assets in custody · $43.8M to $7.6M
        Aug 10, 2023 to Mar 12, 2024
      • Discretionary RAUM · $162M to $174M
        Aug 10, 2023 to Mar 12, 2024
      • HNW RAUM · $118M to $128M
        Aug 10, 2023 to Mar 12, 2024
      • Individual RAUM · $44.4M to $45.4M
        Aug 10, 2023 to Mar 12, 2024
      • Non-discretionary RAUM · $15.0M to $20.2M
        Aug 10, 2023 to Mar 12, 2024
      • Pension RAUM · $15.0M to $20.2M
        Aug 10, 2023 to Mar 12, 2024
      • RAUM · $177M to $194M
        Aug 10, 2023 to Mar 12, 2024
      Signals
      2 dated events
      • Janelle Christine Kuether (Chief Compliance Officer) no longer on Schedule A of H•••• • H••••• (listed 2019-03-22, absent 2020-01-28)
        Jan 28, 2020 · Control person left · inference
      • H•••• • H••••• filed its initial SEC registration (Form ADV)
        Mar 13, 2017 · First SEC registration · fact
      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 phone
      818-200-1107reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      818-275-8130reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      818-275-8132reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/H••••-&-H•••••-THE-RETIREMENT-INCOME-SPreportedpublic record, Form ADV, Sep 21, 2026
      Website
      H••••-H•••••.COMreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      818-200-1107reportedpublic record, Form ADV, Mar 3, 2026
      Contact form
      hhretirement.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      hhretirement.com/team/mitchell-h-hesen-cfp-chfcreportedpublished by the firm, firm site, Sep 16, 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
      $142Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026