Harfst and Associates provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, business succession planning, estate planning, insurance, and philanthropic planning. Financial planning was provided to 251–500 clients last fiscal year.
Harfst and Associates reports 539 clients. They include 369 individual clients, 130 high-net-worth individuals and 20 charitable organizations. Nearly all assets ($783M across 1,538 accounts) are managed with discretion; $37.4K across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 68% | 15% |
| High-net-worth individuals | 24% | 76% |
| Pension and profit-sharing plans | 3% | 2% |
| Charitable organizations | 4% | 7% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 369 | $114M | 14.6% | $309K |
| High-net-worth individuals | 130 | $592M | 75.5% | $4.55M |
| Pension and profit-sharing plans | 15 | $14.1M | 1.8% | $939K |
| Charitable organizations | 20 | $58.2M | 7.4% | $2.91M |
| Corporations and other businesses | 5 | $5.11M | 0.7% | $1.02M |
| Total | 539 | $783M | 100% | $1.45M |
- Clients
- 369
- Regulatory AUM
- $114M
- AUM share
- 14.6%
- Avg. per client
- $309K
- Clients
- 130
- Regulatory AUM
- $592M
- AUM share
- 75.5%
- Avg. per client
- $4.55M
- Clients
- 15
- Regulatory AUM
- $14.1M
- AUM share
- 1.8%
- Avg. per client
- $939K
- Clients
- 20
- Regulatory AUM
- $58.2M
- AUM share
- 7.4%
- Avg. per client
- $2.91M
- Clients
- 5
- Regulatory AUM
- $5.11M
- AUM share
- 0.7%
- Avg. per client
- $1.02M
Total
- Clients
- 539
- Regulatory AUM
- $783M
- AUM share
- 100%
- Avg. per client
- $1.45M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Harfst and Associates charges 0.40%–1.25% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.25% |
| $250K–$500K | 1.15% |
| $500K–$1M | 1.00% |
| $1M–$3M | 0.75% |
| $3M–$10M | 0.70% |
| $10M–$20M | 0.50% |
| $20M and above | 0.40% |
Fee details and sources
Other fees
- Financial Planning and Consulting Services
- Financial planning is billed at $450 an hour or as a negotiable fixed fee generally from $450 to $5,000.
Robby Harfst owns 75% or more of Harfst and Associates. The leadership team of Harfst and Associates includes President Robby Harfst and Chief Operating Officer Danette Harfst. It has 8 employees, 2 of them in advisory roles.
Staff
- 8 employees
- 2 in advisory functions
- 3 state-registered reps
- 1 insurance agent
- Owns 75% or more of Harfst and Associates, Inc.
Robby Harfst
Control person · since July 2007
- Owns 10% to 25% of Harfst and Associates, Inc.
Danette Harfst
Control person · since July 2010
Harfst and Associates’ regulatory assets grew from $532M (March 2021) to $783M (March 2026); clients rose from 499 to 539 and employees were 8 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $783M | 539 | 8 | 2 |
| Jul 2025July 2025 | $722M | 518 | 7 | 2 |
| May 2024May 2024 | $629M | 500 | 3 | 2 |
| Apr 2023April 2023 | $547M | 508 | 10 | 3 |
| Apr 2022April 2022 | $584M | 499 | 9 | 3 |
| Mar 2021March 2021 | $532M | 499 | 8 | 2 |
Besides its headquarters, Harfst and Associates has 1 office, with 2 listed addresses across 2 states.
Oregon · 1 listed address
- 1970 Ashland Street, Ashland
Wyoming · 1 listed address
- 1949 Sugarland Drive, #220, SheridanHQ
Contact and registration details
- Legal name
- Harfst and Associates, Inc.
- Headquarters
- 1949 Sugarland Drive, #220, Sheridan, WY 82801
- Website
- harfstandassociates.com
- Phone
- 307-218-5667
- SEC file
- 801-71661
- Structure
- Wyoming corporation
- Fiscal year end
- December
Harfst and Associates’ named custodians for separately managed accounts are Charles Schwab ($426M, 55%) and Raymond James ($342M, 45%). Harfst and Associates does not have custody of client assets.
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $342M45%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $426M55%
At year end, Harfst and Associates’ separately managed accounts were largely in stocks (44%) and funds (44%). Its reported 13F holdings for the quarter ended 30 June 2026 total $643M across 124 positions; the largest are Raymond James Finl Inc. (25.1%), iShares TR (11.4%) and Invesco Qqq TR (5.6%).
What the accounts hold
- Stocks44%
- Funds44%
- Bonds9%
- U.S. government and agency bonds7%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash3%
How many clients does Harfst and Associates have?
Harfst and Associates has 539 clients and manages $783 million for them, as of March 2026. They include 369 individual clients, 130 high-net-worth individuals and 20 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Harfst and Associates offer?
Harfst and Associates provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, business succession planning, estate planning, insurance, and philanthropic planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Harfst and Associates charge?
Harfst and Associates charges 0.40%–1.25% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: HARFST AND ASSOCIATES, INC. ADV BROCHURE, filed 25 March 2026
Which custodians does Harfst and Associates use?
Harfst and Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $426M and Raymond James & Associates, Inc. (St. Petersburg, FL), with $342M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Harfst and Associates have?
Harfst and Associates has 3 investment adviser representatives registered with state securities authorities, out of 8 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Harfst and Associates invest in?
At the end of its last fiscal year, Harfst and Associates’ separately managed accounts held 44% exchange-traded equities, 44% registered funds (mutual funds, ETFs, BDCs), 7% U.S. government and agency bonds, 3% cash and equivalents, 1% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Harfst and Associates?
Harfst and Associates’ direct owners are Robby Harfst (75% or more) and Danette Harfst (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Harfst and Associates get paid?
Harfst and Associates is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Harfst and Associates?
Harfst and Associates’ main office is at 1949 Sugarland Drive, #220, Sheridan, WY 82801. Its phone number is 307-218-5667. Its website is harfstandassociates.com.