What HFA Group does

HFA Group is a Dallas-based boutique consultancy specializing in technology, analytics, and business processing solutions for the investment management industry. The firm provides co-sourced or outsourced Chief Information Officer services, custom software development, data science and forecasting engagements, and project management / business analysis for hedge funds, private equity firms, family offices, and pension funds. Core technical capabilities span front-to-back office systems including order management (Bloomberg AIM, Advent Geneva), portfolio accounting, compliance and risk reporting (Broadridge Sentry, Imagine), and data infrastructure built on Snowflake, Tableau, Power BI, and AWS with Python/Sklearn modeling layers. Notable implementations include custom OMS builds with automated account allocation engines, custodial data warehouses reconciling against SS&C and Citco, portfolio rebalancing applications ingesting positions from Charles Schwab and Interactive Brokers, and forecasting models trained on a 40 billion row dataset.

The business model is pure professional services — revenue derives from consulting engagements and custom development projects priced on a quote basis by scope and duration, with no standalone software products, subscription revenue, or publicly disclosed pricing. Go-to-market is relationship-driven enterprise field sales, leveraging the leadership team's prior experience at institutions such as Deutsche Bank, Reservoir Capital, and Lockheed Martin, plus referral networks across the alternative asset management community. Client concentration sits in institutional investment management, with disclosed engagements spanning funds from $150M to $300B AUM, though no revenue split is disclosed.

The firm is privately held and founder-led, with Founding Managing Partner Len Mazur serving as CEO for approximately fifteen years. Advisory support includes Ben Chatraw, CEO of South Rose Capital. Service breadth has expanded beyond traditional buy-side tech consulting into adjacent areas including cryptocurrency / Bitcoin mining economic modeling, reflecting the leadership team's stated interest in blockchain and emerging technologies.

Name

HFA Group

Legal name

HFA Group

Website

https://hfa-group.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

HFA Group is a Dallas-based consultancy providing co-sourced CIO services, custom software development, and data science solutions to investment management firms including hedge funds, private equity funds, family offices, and pension funds.

Ownership category

akta.pro rank

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. CTO/CIO Advisory Services: HFA Group provides co-sourced or outsourced Chief Information Officer services to investment funds, acting as technology leadership extension for clients. This involves strategic technology planning, vendor management, system integration oversight, and project management.
2. Development Services: Custom software development including order management systems, data warehouses, business intelligence dashboards, web-based applications, and automated workflow solutions.
3. Data Science Extensions: Analytics and data science consulting services including data infrastructure development, forecasting models, data cleaning, and visualization services for investment management research.
4. Project Management & Business Analysis: Technology implementation project management, business analysis, and system consolidation services, often involving enterprise vendor platforms like Broadridge Sentry.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

HFA Group is a consultancy that designs and delivers technology, analytics, and business processing solutions for the investment management industry. It provides co-sourced Chief Information Officer services, custom software development (including order management systems and custodial data warehouses), business intelligence dashboards (Tableau, Power BI), and data science extensions for hedge funds, private equity firms, family offices, and other financial enterprises. Engagements span front-to-back office systems covering trading, portfolio management, operations, accounting, compliance, and risk reporting.

Product overview

HFA Group is a consultancy providing technology, analytics, and business processing solutions for the investment management industry. The company offers a portfolio of professional services including Co-Sourced Chief Information Officer (outsourced CIO), Dashboard Development with Insight Engineering capabilities, System Architecture, Project Management & Business Analysis, CTO/COO & Data Science Services, Development Services (custom OMS, data warehouses), and Bitcoin Research Analysis. These services are delivered through expertise in front-to-back office systems and workflows, supporting alternative asset management firms at various stages of maturity. No standalone software products are offered; all capabilities are delivered as consulting and implementation services.

Differentiator

Problem solved

Functional benefit

Products and services

• Co-Sourced Chief Information Officer
• Dashboard Development
• Insight Engineering
• System Architecture
• Project Management & Business Analysis
• CTO/COO & Data Science Service
• Development Services
• Bitcoin Research Analysis

Quantifiable outcome

• Funds supported by HFA Group have grown to billions in AUM with limited software development staff
• +4 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability3 records

Feature7 records

Scale indicators8 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• Clearwater Analytics: Investment accounting, analytics, and reporting platform for asset managers and corporate treasuries. Increasingly productizes the manual reconciliation and reporting work HFA custom-builds.
• Addepar: Wealth and investment management technology platform with strong penetration among large RIAs and family offices, directly overlapping with HFA's RIA rebalancing and family office engagements.

Direct peers

• Perficient: Global digital consultancy with a financial services practice serving asset managers. Competes for similar enterprise technology implementation, data, and CTO advisory engagements at scale.
• Confluence Technologies: Provides investment management operations, analytics, and regulatory reporting solutions directly comparable to HFA's data warehouse, reconciliation, and performance measurement offerings.
• Kneip: Data management, reporting, and regulatory services for asset managers. Comparable to HFA's data ingestion, portfolio reporting, and cross-custodian reconciliation work for European and global investment managers.
• Decisive Data: Data analytics consultancy serving asset managers and financial services firms. Closely parallels HFA's Tableau/Power BI dashboard development, data warehouse, and forecasting engagements.
• West Monroe Partners: Management and technology consultancy with a sizable financial services practice serving asset managers, banks, and PE firms. Competes for similar CTO/CIO advisory and system consolidation mandates.

Broad incumbents

• FactSet: Provides investment data, analytics, and portfolio reporting workflows for buy-side firms. Offers productized alternatives to HFA's custom BI dashboard and performance measurement builds.
• SS&C Technologies: Owns Eze Software and Advent (both systems HFA integrates with). Provides a broad investment management software suite that competes with HFA's custom OMS and development services while also being a frequent integration partner.
• Broadridge Financial Solutions: Provides the Broadridge Sentry platform that HFA has implemented and consolidated four systems into for a major PE client. Competes for post-trade and credit operations work and is both a vendor and indirect competitor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HFA Group