Hughes Warren provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars. Financial planning was provided to 251–500 clients last fiscal year.
Hughes Warren reports 808 clients. They include 761 individual clients and 47 high-net-worth individuals. Of its assets, 100.0% ($221M across 808 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 94% | 64% |
| High-net-worth individuals | 6% | 36% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 761 | $141M | 64.1% | $186K |
| High-net-worth individuals | 47 | $79.3M | 35.9% | $1.69M |
| Total | 808 | $221M | 100% | $273K |
- Clients
- 761
- Regulatory AUM
- $141M
- AUM share
- 64.1%
- Avg. per client
- $186K
- Clients
- 47
- Regulatory AUM
- $79.3M
- AUM share
- 35.9%
- Avg. per client
- $1.69M
Total
- Clients
- 808
- Regulatory AUM
- $221M
- AUM share
- 100%
- Avg. per client
- $273K
- 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
Hughes Warren is paid through a percentage of assets under management and hourly charges. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Hourly financial planning and consulting
- Planning-only clients are charged $150 or $250 an hour, depending on the services provided.
Theodore Hughes owns 75% or more of Hughes Warren. The leadership team of Hughes Warren includes President Theodore Hughes and Chief Compliance Officer Victoria Jones. It has 6 employees, 2 of them in advisory roles.
Leadership
Theodore HughesPresident- Victoria JonesChief Compliance Officer/Vice President
Melinda WarrenCo-Founder
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Hughes Warren, Inc.
Theodore Hughes
Control person · since October 2007
Hughes Warren’s regulatory assets grew 1.6× from $138M (February 2021) to $221M (February 2026); clients rose from 289 to 808 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $221M | 808 | 6 | 1 |
| April 2025 | $185M | 331 | 6 | 1 |
| April 2024 | $159M | 345 | 6 | 1 |
| July 2023 | $131M | 321 | 5 | 1 |
| February 2022 | $164M | 310 | 5 | 1 |
| February 2021 | $138M | 289 | 5 | 1 |
Besides its headquarters, Hughes Warren has 0 offices, with 1 listed address in Oklahoma.
Oklahoma · 1 listed address
- 16350 Muirfield Place, EdmondHQ
Contact and registration details
- Legal name
- Hughes Warren, Inc.
- Headquarters
- 16350 Muirfield Place, Edmond, OK 73013
- Website
- hugheswarren.com
- Phone
- 405-418-4080
- @hughes-warren-inc.
- SEC file
- 801-113240
- Structure
- Oklahoma corporation
- Fiscal year end
- December
Hughes Warren uses Fidelity ($221M) as custodian for its separately managed accounts. Hughes Warren has custody of $221M in client assets for 335 clients.
- FidelityNational Financial Services LLC · Boston, MA · $221M100%
At year end, Hughes Warren’s separately managed accounts were mostly in funds (97%).
What the accounts hold
- Stocks1%
- Funds97%
- Cash2%
How many clients does Hughes Warren have?
Hughes Warren has 808 clients and manages $221 million for them, as of February 2026. They include 761 individual clients and 47 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 February 2026
What services does Hughes Warren offer?
Hughes Warren provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Hughes Warren use?
Hughes Warren’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $221M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 February 2026
How many financial advisors does Hughes Warren have?
Hughes Warren has 2 investment adviser representatives registered with state securities authorities, out of 6 employees, and 2 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 Hughes Warren invest in?
At the end of its last fiscal year, Hughes Warren’s separately managed accounts held 97% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents and 1% 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 Hughes Warren?
Hughes Warren’s direct owner is Theodore Hughes (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 February 2026
How does Hughes Warren get paid?
Hughes Warren is paid through a percentage of assets under management and hourly charges. 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 Hughes Warren?
Hughes Warren’s main office is at 16350 Muirfield Place, Edmond, OK 73013. Its phone number is 405-418-4080. Its website is hugheswarren.com.