HMV Wealth Advisors provides portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
HMV Wealth Advisors reports 138 clients. They include 67 high-net-worth individuals, 50 individual clients, and 19 corporations and other businesses. Of its assets, 100.0% ($567M across 138 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 36% | 3% |
| High-net-worth individuals | 49% | 77% |
| Charitable organizations | 1% | <1% |
| Corporations and other businesses | 14% | 20% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 50 | $15.2M | 2.7% | $303K |
| High-net-worth individuals | 67 | $437M | 76.9% | $6.52M |
| Charitable organizations | 2 | $3.79M | 0.7% | $1.9M |
| Corporations and other businesses | 19 | $112M | 19.7% | $5.89M |
| Total | 138 | $567M | 100% | $4.11M |
- Clients
- 50
- Regulatory AUM
- $15.2M
- AUM share
- 2.7%
- Avg. per client
- $303K
- Clients
- 67
- Regulatory AUM
- $437M
- AUM share
- 76.9%
- Avg. per client
- $6.52M
- Clients
- 2
- Regulatory AUM
- $3.79M
- AUM share
- 0.7%
- Avg. per client
- $1.9M
- Clients
- 19
- Regulatory AUM
- $112M
- AUM share
- 19.7%
- Avg. per client
- $5.89M
Total
- Clients
- 138
- Regulatory AUM
- $567M
- AUM share
- 100%
- Avg. per client
- $4.11M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
HMV Wealth Advisors charges 0.35%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.70% |
| $2M–$3M | 0.50% |
| $3M–$5M | 0.40% |
| $5M and above | 0.35% |
Fee details and sources
Heard McElroy & Vestal, LLC owns 75% or more of HMV Wealth Advisors. The leadership team of HMV Wealth Advisors includes President Robert Dean and Chief Compliance Officer Roderick Williams. It has 4 employees, 3 of them in advisory roles.
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of HMV Wealth Advisors, LLC
Heard McElroy & Vestal, LLC
Control person · since July 2018
HMV Wealth Advisors’ regulatory assets grew 5.0× from $114M (November 2022) to $567M (September 2026); clients rose from 53 to 138 and employees from 3 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $567M | 138 | 4 | 3 |
| Sep 2025September 2025 | $465M | 113 | 4 | 3 |
| Sep 2024September 2024 | $305M | 77 | 4 | 3 |
| Sep 2023September 2023 | $118M | 60 | 5 | 3 |
| Nov 2022November 2022 | $114M | 53 | 3 | 2 |
Besides its headquarters, HMV Wealth Advisors has 2 offices, with 3 listed addresses across 2 states.
Louisiana · 2 listed addresses
- 333 Texas Street, Suite 1525, ShreveportHQ
- 1900 North 18th Street, Monroe
Texas · 1 listed address
- 2403 Judson Road, Longview
Contact and registration details
- Legal name
- HMV Wealth Advisors, LLC
- Headquarters
- 333 Texas Street, Suite 1525, Shreveport, LA 71101
- Website
- hmvwealth.com
- Phone
- 318-517-6255
- SEC file
- 801-127046
- Structure
- Louisiana LLC
- Fiscal year end
- June
HMV Wealth Advisors’ named custodian for separately managed accounts is Fidelity ($567M). HMV Wealth Advisors has custody of $12.4M for 2 clients.
- FidelityNational Financial Services LLC · Boston, MA · $567M100%
At year end, HMV Wealth Advisors’ separately managed accounts were largely in funds (49%) and bonds (30%). Its reported 13F holdings for the quarter ended 30 June 2026 total $257M across 89 positions; the largest are American Centy ETF TR (9.6%), EA Series Trust (7.3%) and American Centy ETF TR (6.9%).
What the accounts hold
- Stocks8%
- Funds49%
- Bonds30%
- State and local bonds17%
- U.S. government and agency bonds13%
- Cash13%
How many clients does HMV Wealth Advisors have?
HMV Wealth Advisors has 138 clients and manages $567 million for them, as of September 2026. They include 67 high-net-worth individuals, 50 individual clients, and 19 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 September 2026
What services does HMV Wealth Advisors offer?
HMV Wealth Advisors provides portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does HMV Wealth Advisors charge?
HMV Wealth Advisors charges 0.35%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: HMV WEALTH ADVISORS, LLC PART 2, filed 9 September 2026
Which custodians does HMV Wealth Advisors use?
HMV Wealth Advisors’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $567M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 September 2026
How many financial advisors does HMV Wealth Advisors have?
HMV Wealth Advisors has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does HMV Wealth Advisors invest in?
At the end of its last fiscal year, HMV Wealth Advisors’ separately managed accounts held 49% registered funds (mutual funds, ETFs, BDCs), 17% state and local bonds, 13% U.S. government and agency bonds, 13% cash and equivalents and 8% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns HMV Wealth Advisors?
HMV Wealth Advisors’ direct owner is Heard McElroy & Vestal, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 September 2026
How does HMV Wealth Advisors get paid?
HMV Wealth Advisors is paid through a percentage of assets under management. 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 HMV Wealth Advisors?
HMV Wealth Advisors’ main office is at 333 Texas Street, Suite 1525, Shreveport, LA 71101. Its phone number is 318-517-6255. Its website is hmvwealth.com.