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

Hf Advisory Group, LLC

Independent wealth managerAnnapolis, MarylandCRD 309051SEC 801-125758websiteIAPD
Latest filing Mar 10, 2026
First filing on the tape Apr 28, 2022 · 24 filings
SEC status approved since May 31, 2022
RAUM
$322M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$322M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$161M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$322M as of Mar 10, 2026
Jan 24, 2023$136M then
HNW client RAUM$201M as of Mar 10, 2026
Jan 24, 2023$61.0M then
State-registered IARs (5.B.3)2 as of Mar 10, 2026
Jan 24, 20233 then
Employees (5.A)6 as of Mar 10, 2026
Jan 24, 20234 then
Private funds: no history
RAUM +28% over the last fiscal year+33% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 10, 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
RAUM per advisor
$161MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
230derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$247,121derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+14%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$104M, 267 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$201M62%
  • Individuals$121M38%
Individual clients
361reported
HNW clients
99reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,301reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$104M for 267 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Marianne Rechelle DurhamAnnapolis, Md Mar 24, 202114 y4
Raymond Lee HobsonCertified Financial PlannerAnnapolis, MdApr 22, 202132 y5
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 headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Lee Raymond Hobson · Managing Member & Chief Compliance Officercontrol
    since 01/2009 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Annapolis, Md · principal200
Annandale, Mn000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 1,063 to 1,301
    Feb 21, 2025 to Mar 10, 2026
  • HNW clients · 78 to 99
    Feb 21, 2025 to Mar 10, 2026
  • Individual clients · 324 to 361
    Feb 21, 2025 to Mar 10, 2026
  • Assets in custody · $63.4M to $104M
    Feb 21, 2025 to Mar 10, 2026
  • Discretionary RAUM · $250M to $322M
    Feb 21, 2025 to Mar 10, 2026
  • HNW RAUM · $159M to $201M
    Feb 21, 2025 to Mar 10, 2026
  • Individual RAUM · $91.8M to $121M
    Feb 21, 2025 to Mar 10, 2026
  • RAUM · $250M to $322M
    Feb 21, 2025 to Mar 10, 2026
  • Accounts · 1,013 to 1,063
    Jan 16, 2025 to Feb 21, 2025
  • Advisory employees · 3 to 2
    Jan 16, 2025 to Feb 21, 2025
  • HNW clients · 42 to 78
    Jan 16, 2025 to Feb 21, 2025
  • Individual clients · 407 to 324
    Jan 16, 2025 to Feb 21, 2025
  • Assets in custody · $79.5M to $63.4M
    Jan 16, 2025 to Feb 21, 2025
  • Employees · 4 to 6
    Jan 16, 2025 to Feb 21, 2025
  • Financial planning clients · 1-10 to 1-10
    Jan 16, 2025 to Feb 21, 2025
  • State-registered IARs · 3 to 2
    Jan 16, 2025 to Feb 21, 2025
  • Discretionary RAUM · $189M to $250M
    Jan 16, 2025 to Feb 21, 2025
  • HNW RAUM · $94.1M to $159M
    Jan 16, 2025 to Feb 21, 2025
  • Individual RAUM · $95.0M to $91.8M
    Jan 16, 2025 to Feb 21, 2025
  • RAUM · $189M to $250M
    Jan 16, 2025 to Feb 21, 2025
  • Advisory employees · 4 to 3
    Jun 13, 2024 to Sep 27, 2024
  • Employees · 5 to 4
    Jun 13, 2024 to Sep 27, 2024
  • State-registered IARs · 4 to 3
    Jun 13, 2024 to Sep 27, 2024
  • Other offices · 2 to 1
    Jun 13, 2024 to Sep 27, 2024
  • Advisory employees · 3 to 4
    Apr 12, 2024 to Jun 13, 2024
  • Employees · 4 to 5
    Apr 12, 2024 to Jun 13, 2024
  • State-registered IARs · 3 to 4
    Apr 12, 2024 to Jun 13, 2024
  • Accounts · 730 to 1,013
    Jan 24, 2024 to Mar 14, 2024
  • Advisory activities · 4 to 3
    Jan 24, 2024 to Mar 14, 2024
  • Corporate clients · 2 to 0
    Jan 24, 2024 to Mar 14, 2024
  • HNW clients · 23 to 42
    Jan 24, 2024 to Mar 14, 2024
  • Individual clients · 298 to 407
    Jan 24, 2024 to Mar 14, 2024
  • Assets in custody · $26.8M to $79.5M
    Jan 24, 2024 to Mar 14, 2024
  • Discretionary RAUM · $136M to $189M
    Jan 24, 2024 to Mar 14, 2024
  • HNW RAUM · $61.0M to $94.1M
    Jan 24, 2024 to Mar 14, 2024
  • Individual RAUM · $74.2M to $95.0M
    Jan 24, 2024 to Mar 14, 2024
  • RAUM · $136M to $189M
    Jan 24, 2024 to Mar 14, 2024
  • Accounts · 535 to 730
    Nov 17, 2022 to Jan 24, 2023
  • Corporate clients · 1 to 2
    Nov 17, 2022 to Jan 24, 2023
  • HNW clients · 31 to 23
    Nov 17, 2022 to Jan 24, 2023
Signals
3 dated events
  • Corey Amanda Truss left Hf Advisory Group, Llc for Navy Federal Investment Services, Llc (registered 2025-02-10)
    Feb 20, 2025 · Advisor changed firm · fact
  • Sharyl Lee Schultz left Hf Advisory Group, Llc for Redhawk Wealth Advisors, Inc. (registered 2024-09-06)
    Sep 27, 2024 · Advisor changed firm · fact
  • Hf Advisory Group, Llc filed its initial SEC registration (Form ADV)
    Apr 28, 2022 · 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 email
service@hfadvisorygroup.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
amanda@hfadvisorygroup.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
erin@hfadvisorygroup.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
jackie@hfadvisorygroup.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
jamie@hfadvisorygroup.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
ray@hfadvisorygroup.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
410-384-4996reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
410-571-1415reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
Linkedin.com/company/3212022reportedpublic record, Form ADV, Sep 17, 2026
Website
hfadvisorygroup.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(410)-571-1415reportedpublic record, Form ADV, Mar 10, 2026
Contact form
hfadvisorygroup.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
$161Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026