Hinman Financial Planning
- Company typePrivate
- Founded2015
- HeadquartersErie, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Hinman Financial Planning firmographics
Firmographics- Name
- Hinman Financial Planning
- Legal name
- Hinman Financial Planning, Inc.
- Website
- https://hinmanfp.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Hinman Financial Planning industry classification
Industry- Product category
- Personal Financial Planning Services
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Financial Planning–Led RIAs (FSAAACAB)
- akta.pro secondary industries
- Comprehensive Financial Planning (FSAEAAAA), Private Client/High-Net-Worth Advisory (FSAEAAAN), Private Wealth Planning (Tax, Estate & Succession) (FSAAABAE)
Keywords
Where Hinman Financial Planning is headquartered
LocationHeadquarters
- HQ city
- Erie
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Hinman Financial Planning business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Full-Service Financial Planning & Investment Management: Billed as a percentage of assets under management (AUM), converted to a flat-annual fee at $2MM AUM threshold. All fees are debited from the investment account. Includes investment management, performance reporting, rebalancing, and tax-loss harvesting in taxable accounts.
- Annual Financial Planning: Flat annual fee paid quarterly. Designed for clients who need ongoing financial planning but prefer to manage their own investments or have accounts (e.g., 401(k)) that cannot be moved to HFP. Includes ongoing financial planning and periodic asset allocation reviews. Does not include direct investment management or performance reporting.
- Project Financial Planning: Limited scope engagement capped at 4 meetings (initial consultation, discovery, plan presentation, and implementation). Flat-rate billing. Offered on a limited basis as time and capacity allow.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Full-Service Financial Planning — percentage of AUM, flat fee at $2MM |
| Subscription | Quarterly | Annual Financial Planning — flat annual fee, quarterly billing |
| One time/ perpetual license | Pay-as-you-go | Project Financial Planning — flat-rate, limited scope |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Hinman Financial Planning product offering
Product offeringCore offering
Hinman Financial Planning is a fee-only fiduciary financial planning firm that delivers comprehensive financial planning and investment management services to individuals, couples, and families navigating major life transitions such as inheritance, divorce, and retirement. The firm offers three engagement tiers — Full Service Planning (investment management plus planning), Annual Planning (ongoing advice without direct investment management), and Project Planning (limited-scope flat-rate engagements) — and charges clients through AUM-based or flat-fee structures.
Product overview
Hinman Financial Planning offers fee-only financial planning services with three service tiers: Full Service Financial Planning (comprehensive planning with investment management), Annual Financial Planning (ongoing advice without direct investment management), and Project Financial Planning (limited scope, flat-rate engagement). All services are delivered through a human advisor-led model, with AI tools used internally to support research, meeting documentation, and workflow efficiency. The firm specializes in life transitions including inheritance, divorce, and retirement.
Differentiator
Problem solved
Functional benefit
Products and services
- Full Service Financial Planning Comprehensive financial planning combined with investment management for individuals and families. Includes plan implementation, performance reporting, rebalancing, and tax-loss harvesting in taxable accounts. Billed as a percentage of assets under management, converted to a flat annual fee at $2MM AUM. All fees are debited directly from the client investment account. Requires a minimum of $750,000 in AUM or $7,500 minimum annual fee.
- Annual Financial Planning Ongoing financial planning for clients who prefer to manage their own investments or have accounts (such as 401(k)s) that cannot be moved to HFP. Includes ongoing financial planning and periodic asset allocation reviews. Does not include direct investment management or performance reporting. Billed as a flat annual fee paid quarterly.
- Project Financial Planning Limited-scope financial planning engagement capped at 4 meetings (initial consultation, discovery, plan presentation, and implementation). Flat-rate billing. Offered on a limited basis as time and capacity allow. Suitable for those wanting a comprehensive plan or a professional second opinion.
Companies that use Hinman Financial Planning
Customer profileSegments5 records
Ideal customer profiles1 record
Hinman Financial Planning technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability4 records
Hinman Financial Planning partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- AltruistcoreAltruist serves as the custodian for client investment accounts. Clients access their Altruist direct account through the HFP client portal. This is a core operational partnership enabling the investment management component of the Full-Service Planning offering.
- eMoneycoreeMoney is used as the financial planning portal for clients. Clients access their eMoney planning portal through the HFP client login page. This platform supports the holistic financial planning process including goal tracking and plan projections.
- AdvyzoncoreAdvyzon is used as the portfolio management platform. Clients access their Advyzon account through the HFP client portal. Supports performance reporting, rebalancing, and portfolio management for Full-Service clients.
- ShareFilecoreShareFile (by Citrix) is used as the secure client file storage portal. Clients log in through the HFP client portal to access their financial documents. Core infrastructure for secure document exchange between the firm and clients.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Hinman Financial Planning competitors and assessment
Company assessmentDirect peers
- Facet Wealth: Tech-enabled fee-only financial planning firm serving mass-affluent clients nationally through a virtual model, mirroring HFP's fee-only fiduciary positioning and minimum-fee structure.
- Modern Wealth: Fee-only RIA focused on comprehensive financial planning for HNW clients with a virtual delivery model and recurring AUM and flat-fee service tiers.
- Buckingham Strategic Wealth: Fee-only RIA providing comprehensive financial planning and investment management, with similar emphasis on fiduciary advice and recurring AUM-based fees for mass-affluent to HNW clients.
- Private Ocean: Fee-only RIA offering personalized financial planning and wealth management to HNW individuals and families, comparable in service structure and client profile to HFP.
Broad incumbents
- Carson Wealth: Large fee-only RIA platform serving HNW clients with comprehensive planning and investment management, comparable to HFP's full-service offering but at significantly greater scale.
- Creative Planning: National fee-only RIA offering comprehensive wealth management, financial planning, and tax services to HNW clients; competes in the same service category as HFP's full-service tier.
- Mercer Advisors: Large national RIA delivering comprehensive financial planning, tax, estate, and investment management services to HNW households, overlapping with HFP's life-transition planning offerings.
- Wealth Enhancement Group: Fee-based RIA platform with comprehensive financial planning and investment management for HNW clients, broader in scale and service scope than HFP.
- Edelman Financial Engines: Largest independent RIA in the U.S., providing financial planning and investment management to mass-affluent and HNW clients; relevant incumbent comparator to HFP's fee-only positioning.
Emerging players
- Sapphire Wealth Partners: Smaller fee-only RIA providing holistic financial planning for HNW individuals and families, with similar service tiering and recurring fee structure to HFP.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Hinman Financial Planning social profiles
Digital presenceHinman Financial Planning financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hinman Financial Planning leadership team
Management profileNumber of profiles
Profiles3 records
Hinman Financial Planning funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hinman Financial Planning M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hinman Financial Planning
What does Hinman Financial Planning do?
Hinman Financial Planning is a fee-only fiduciary financial planning firm that delivers comprehensive financial planning and investment management services to individuals, couples, and families navigating major life transitions such as inheritance, divorce, and retirement. The firm offers three engagement tiers — Full Service Planning (investment management plus planning), Annual Planning (ongoing advice without direct investment management), and Project Planning (limited-scope flat-rate engagements) — and charges clients through AUM-based or flat-fee structures.
Is Hinman Financial Planning a public or private company?
Hinman Financial Planning is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Hinman Financial Planning founded?
Hinman Financial Planning was founded in 2015. It employs 1 to 10 people.
Where is Hinman Financial Planning based?
Hinman Financial Planning is headquartered in Erie, United States, in the North America region.
How does Hinman Financial Planning make money?
Three revenue lines are on record. Full-Service Financial Planning & Investment Management is the primary driver. The others are annual Financial Planning and project Financial Planning.
Who are Hinman Financial Planning's main competitors?
Direct peers on record are Facet Wealth, Modern Wealth, Buckingham Strategic Wealth and Private Ocean. Broad incumbents are Carson Wealth, Creative Planning, Mercer Advisors, Wealth Enhancement Group and Edelman Financial Engines. Sapphire Wealth Partners is listed as an emerging player.
Does Hinman Financial Planning have an API?
No public API is recorded for Hinman Financial Planning.
What industry is Hinman Financial Planning in?
Hinman Financial Planning's product category is Personal Financial Planning Services. Its primary akta.pro industry code is FSAAACAB, Financial Planning–Led RIAs, with a secondary code of FSAEAAAA, Comprehensive Financial Planning. Its NAICS code is 523940 and its SIC code is 6282.