Hollow Brook Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, educational seminars, business succession planning, estate planning, family office services, insurance, philanthropic planning, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Hollow Brook Wealth Management reports 603 clients. They include 459 high-net-worth individuals, 90 individual clients, and 30 corporations and other businesses. Of its assets, 60.9% ($833M across 541 accounts) are managed with discretion; $535M across 62 accounts are not. Of its clients, 1% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 15% | 1% |
| High-net-worth individuals | 76% | 92% |
| Charitable organizations | 4% | 3% |
| Corporations and other businesses | 5% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 90 | $19M | 1.4% | $211K |
| High-net-worth individuals | 459 | $1.26B | 92.2% | $2.75M |
| Charitable organizations | 24 | $35.5M | 2.6% | $1.48M |
| Corporations and other businesses | 30 | $51.8M | 3.8% | $1.73M |
| Total | 603 | $1.37B | 100% | $2.27M |
- Clients
- 90
- Regulatory AUM
- $19M
- AUM share
- 1.4%
- Avg. per client
- $211K
- Clients
- 459
- Regulatory AUM
- $1.26B
- AUM share
- 92.2%
- Avg. per client
- $2.75M
- Clients
- 24
- Regulatory AUM
- $35.5M
- AUM share
- 2.6%
- Avg. per client
- $1.48M
- Clients
- 30
- Regulatory AUM
- $51.8M
- AUM share
- 3.8%
- Avg. per client
- $1.73M
Total
- Clients
- 603
- Regulatory AUM
- $1.37B
- AUM share
- 100%
- Avg. per client
- $2.27M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Hollow Brook Wealth Management charges 0.75%–1.75% a year for its Investments in publicly-traded securities. The fee is billed in arrears, is negotiable and requires an account of at least $1,000,000.
Fee details and sources
Alan Bazaar owns 50% to 75% of Hollow Brook Wealth Management. The leadership team of Hollow Brook Wealth Management includes President Philip Richter and Chief Investment Officer Alan Bazaar. It has 18 employees, 4 of them in advisory roles.
Leadership
- Philip RichterPresident, Founder & Co
- Alan BazaarCEO & Co-Chief Investment Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Philip Ernst Richter
Staff
- 18 employees
- 4 in advisory functions
- 1 state-registered rep
- 2 soliciting firms
- Owns 50% to 75% of Hollow Brook Wealth Management LLC
Alan Bazaar
Control person · since January 2014
- Owns 50% to 75% of Hollow Brook Wealth Management LLC
Philip Richter
Control person · since January 2014
Hollow Brook Wealth Management’s regulatory assets grew 1.9× from $721M (March 2021) to $1.37B (March 2026); clients rose from 278 to 603 and employees from 12 to 18.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.37B | 603 | 18 | 2 |
| March 2025 | $1.2B | 538 | 15 | 2 |
| March 2024 | $1.05B | 456 | 13 | 4 |
| May 2023 | $957M | 387 | 13 | 3 |
| March 2022 | $898M | 287 | 13 | 1 |
| March 2021 | $721M | 278 | 12 | 1 |
Besides its headquarters, Hollow Brook Wealth Management has 1 office, with 2 listed addresses in Florida and New York.
Florida · 1 listed address
- 11420 Fortune Circle, Wellington
New York · 1 listed address
- 152 Bedford Road, KatonahHQ
Contact and registration details
- Legal name
- Hollow Brook Wealth Management LLC
- Headquarters
- 152 Bedford Road, Katonah, NY 10536
- Website
- hollowbrookllc.com
- Phone
- 212-364-1848
- SEC file
- 801-68599
- Founded
- 2008
- Structure
- New York LLC
- Fiscal year end
- December
Hollow Brook Wealth Management uses Pershing ($829M) as custodian for its separately managed accounts. Hollow Brook Wealth Management has custody of $230M in client assets for 63 clients.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $829M100%
At year end, Hollow Brook Wealth Management’s separately managed accounts were largely in funds (43%) and stocks (34%). Its reported 13F holdings for the quarter ended 30 June 2026 total $504M across 78 positions; the largest are iShares TR (21.5%), World Gold TR (19.7%) and Berkshire Hathaway Inc. Del (4.0%).
What the accounts hold
- Stocks34%
- Funds43%
- Pooled vehicles36%
- Registered funds7%
- Bonds9%
- Cash14%
Reported 13F holdings
- $504M
- Reported 13F value
- 78
- Positions
- 63.4%
- In the 10 largest
- +28.5%
- Value vs. prior quarter
- iShares TR · 0-3 Mth Treasury21.5%
- World Gold TR · SPDR Gld Minis19.7%
- Berkshire Hathaway Inc. Del · CL B New4.0%
- Dorchester Minerals L P · Com Unit4.0%
- Apple Inc.3.6%
- Microsoft Corp.2.3%
- Invesco Exchange Traded FD T · Aerospace Defn2.2%
- Johnson & Johnson2.1%
- Procter & Gamble CO1.9%
- Alphabet Inc. · Cap Stk CL A1.9%
Together, the ten largest are 63.4% of reported value.
How many clients does Hollow Brook Wealth Management have?
Hollow Brook Wealth Management has 603 clients and manages $1.37 billion for them, as of March 2026. They include 459 high-net-worth individuals, 90 individual clients, and 30 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Hollow Brook Wealth Management offer?
Hollow Brook Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, educational seminars, business succession planning, estate planning, family office services, insurance, philanthropic planning, and tax 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 Hollow Brook Wealth Management charge?
Hollow Brook Wealth Management charges 0.75%–1.75% a year for its Investments in publicly-traded securities. The fee is billed in arrears, is negotiable and requires an account of at least $1,000,000.
Which custodians does Hollow Brook Wealth Management use?
Hollow Brook Wealth Management’s separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $829M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Hollow Brook Wealth Management have?
Hollow Brook Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 18 employees, and 4 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 Hollow Brook Wealth Management invest in?
At the end of its last fiscal year, Hollow Brook Wealth Management’s separately managed accounts held 36% pooled vehicles (private funds and similar), 34% exchange-traded equities, 14% cash and equivalents, 9% U.S. government and agency bonds and 7% registered funds (mutual funds, ETFs, BDCs).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Hollow Brook Wealth Management have a minimum investment?
Yes, Hollow Brook Wealth Management’s minimum account size for its Investments in publicly-traded securities is $1M.
Who owns Hollow Brook Wealth Management?
Hollow Brook Wealth Management’s direct owners are Alan Bazaar (50% to 75%) and Philip Richter (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Hollow Brook Wealth Management get paid?
Hollow Brook Wealth Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 Hollow Brook Wealth Management?
Hollow Brook Wealth Management’s main office is at 152 Bedford Road, Katonah, NY 10536. Its phone number is 212-364-1848. Its website is hollowbrookllc.com.